INDVR Brands (XCNQ:IDVR) Retained Earnings : C$-36.00 Mil (As of Oct. 2021)

View and export this data going back to 2008. Start your Free Trial

What is INDVR Brands Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. INDVR Brands's retained earnings for the quarter that ended in Oct. 2021 was C$-36.00 Mil.

INDVR Brands's quarterly retained earnings declined from Apr. 2021 (C$-35.09 Mil) to Jul. 2021 (C$-35.34 Mil) and declined from Jul. 2021 (C$-35.34 Mil) to Oct. 2021 (C$-36.00 Mil).

INDVR Brands's annual retained earnings declined from Jan. 2019 (C$-2.99 Mil) to Jan. 2020 (C$-31.23 Mil) and declined from Jan. 2020 (C$-31.23 Mil) to Jan. 2021 (C$-35.30 Mil).

INDVR Brands Retained Earnings Historical Data

The historical data trend for INDVR Brands'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.

INDVR Brands Retained Earnings Chart

INDVR Brands Annual Data

Trend

Jan12

Jan13

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Retained Earnings

Get a 7-Day Free Trial

-2.07

-2.14

-2.99

-31.23

-35.30

INDVR Brands Quarterly Data
	Jan17	Apr17	Jul17	Oct17	Jan18	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21
Retained Earnings	Get a 7-Day Free Trial															-32.18	-35.30	-35.09	-35.34	-36.00

INDVR Brands 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.

INDVR Brands (XCNQ:IDVR) 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.

INDVR Brands (XCNQ:IDVR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » INDVR Brands Inc (XCNQ:IDVR) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

N/A

Address

C/O Fasken Martineau DuMoulin LLP, 350 7 Avenue SW, Suite 3400, ATTN Willian DeJong, Calgary, AB, CAN, T2P 3N9

Website

https://www.indvr-brands.com

INDVR Brands Inc is focused on providing personnel and management resources as well as infrastructure and equipment for use in the production, cultivation and dispensary operations of licensed cannabis businesses. It provides support services to licensed cannabis businesses.

INDVR Brands (XCNQ:IDVR) Headlines

No Headlines