Magor (TSXV:MCC.H) Retained Earnings : C$-50.36 Mil (As of Jul. 2016)

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What is Magor Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Magor's retained earnings for the quarter that ended in Jul. 2016 was C$-50.36 Mil.

Magor's quarterly retained earnings declined from Jan. 2016 (C$-47.80 Mil) to Apr. 2016 (C$-48.80 Mil) and declined from Apr. 2016 (C$-48.80 Mil) to Jul. 2016 (C$-50.36 Mil).

Magor's annual retained earnings declined from Apr. 2014 (C$-37.62 Mil) to Apr. 2015 (C$-43.03 Mil) and declined from Apr. 2015 (C$-43.03 Mil) to Apr. 2016 (C$-48.80 Mil).

Magor Retained Earnings Historical Data

The historical data trend for Magor's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Magor Retained Earnings Chart

Magor Annual Data

Trend

Mar10

Mar11

Mar12

Apr13

Apr14

Apr15

Apr16

Retained Earnings

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-0.23

-31.21

-37.62

-43.03

-48.80

Magor Quarterly Data
	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Apr13	Jul13	Oct13	Jan14	Apr14	Jul14	Oct14	Jan15	Apr15	Jul15	Oct15	Jan16	Apr16	Jul16
Retained Earnings	Get a 7-Day Free Trial															-44.62	-45.93	-47.80	-48.80	-50.36

Magor Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Magor (TSXV:MCC.H) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

Magor (TSXV:MCC.H) Business Description

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Address

350 Terry Fox Drive, Suite 100, Ottawa, ON, CAN, K2K 2W5

Website

http://www.magorcorp.com

Magor Corp is engaged in design, development, and marketing of a visual collaboration software platform that integrates personal computer collaboration, high definition video and wideband audio for the enterprise market. The company provide service as Aerus, is an evolution of its platform to the cloud in delivering video interactions to the enterprise as a service with the capabilities needed to fulfill the promise of new modes for productivity. The Aerus service delivery platform and Aerus technology bring together the benefits of distributed networking and cloud computing to deliver services for high-quality video interactions that support any workflow. The company derives most of its revenue from the sale of hardware and equipment.

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