GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Uniserve Communications Corp (TSXV:USS) » Definitions » Retained Earnings

Uniserve Communications (TSXV:USS) Retained Earnings : C$-36.83 Mil (As of Feb. 2024)


View and export this data going back to 2000. Start your Free Trial

What is Uniserve Communications Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Uniserve Communications's retained earnings for the quarter that ended in Feb. 2024 was C$-36.83 Mil.

Uniserve Communications's quarterly retained earnings declined from Aug. 2023 (C$-36.65 Mil) to Nov. 2023 (C$-36.80 Mil) and declined from Nov. 2023 (C$-36.80 Mil) to Feb. 2024 (C$-36.83 Mil).

Uniserve Communications's annual retained earnings increased from May. 2021 (C$-37.01 Mil) to May. 2022 (C$-36.62 Mil) and increased from May. 2022 (C$-36.62 Mil) to May. 2023 (C$-36.61 Mil).


Uniserve Communications Retained Earnings Historical Data

The historical data trend for Uniserve Communications'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.

* Premium members only.

Uniserve Communications Retained Earnings Chart

Uniserve Communications Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -33.66 -37.15 -37.01 -36.62 -36.61

Uniserve Communications Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -36.64 -36.61 -36.65 -36.80 -36.83

Uniserve Communications 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.


Uniserve Communications  (TSXV:USS) 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.


Uniserve Communications (TSXV:USS) Business Description

Traded in Other Exchanges
Address
333 Terminal Avenue, Suite 209, Vancouver, BC, CAN, V6A 4C1
Uniserve Communications Corp is a Canada-based company that engages in the provision of Internet access and telecommunications services and commercial IT consulting services in BC and Alberta. The company provides services like television, internet, phones, home office, smartphones, transit bundles, internet, phones, consulting, cloud backup, connectivity, data center, and others.
Executives
Michael Curt Scholz 10% Security Holder

Uniserve Communications (TSXV:USS) Headlines

No Headlines