Alliance Growers (XCNQ:ACG) Retained Earnings : C$-9.44 Mil (As of May. 2019)

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What is Alliance Growers Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Alliance Growers's retained earnings for the quarter that ended in May. 2019 was C$-9.44 Mil.

Alliance Growers's quarterly retained earnings increased from Nov. 2018 (C$-9.70 Mil) to Feb. 2019 (C$-9.19 Mil) but then declined from Feb. 2019 (C$-9.19 Mil) to May. 2019 (C$-9.44 Mil).

Alliance Growers's annual retained earnings declined from Aug. 2016 (C$-1.38 Mil) to Aug. 2017 (C$-3.21 Mil) and declined from Aug. 2017 (C$-3.21 Mil) to Aug. 2018 (C$-7.89 Mil).

Alliance Growers Retained Earnings Historical Data

The historical data trend for Alliance Growers'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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Alliance Growers Retained Earnings Chart

Alliance Growers Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Retained Earnings

-0.11

-1.10

-1.38

-3.21

-7.89

Alliance Growers Quarterly Data
	Aug14	Nov14	Feb15	May15	Aug15	Nov15	Feb16	May16	Aug16	Nov16	Feb17	May17	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19
Retained Earnings	Get a 7-Day Free Trial															-6.65	-7.89	-9.70	-9.19	-9.44

Alliance Growers 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.

Alliance Growers (XCNQ:ACG) 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.

Alliance Growers (XCNQ:ACG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Alliance Growers Corp (XCNQ:ACG) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

N/A

Address

666 Burrard Street, Suite 500, Vancouver, BC, CAN, V6C 3P6

Website

http://www.alliancegrowers.com

Alliance Growers Corp is a Canada based diversified cannabis company. It principally operates through the four key divisions namely, Cannabis Botany Centre, Strategic Access to Cannabis for Medical Purposes Regulations Investments, Cannabidiol Oil Supply and Distribution, and Research and Development. The company is primarily focused on the development of Cannabis Botany Centres in Canada.

Executives

Ian Davidson Lambert

Director

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