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Radiko Holdings (XCNQ:RDKO) Retained Earnings : C$-28.99 Mil (As of Sep. 2020)


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What is Radiko Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Radiko Holdings's retained earnings for the quarter that ended in Sep. 2020 was C$-28.99 Mil.

Radiko Holdings's quarterly retained earnings declined from Mar. 2020 (C$-28.56 Mil) to Jun. 2020 (C$-29.15 Mil) but then increased from Jun. 2020 (C$-29.15 Mil) to Sep. 2020 (C$-28.99 Mil).

Radiko Holdings's annual retained earnings declined from Jul. 2017 (C$-1.58 Mil) to Dec. 2018 (C$-11.45 Mil) and declined from Dec. 2018 (C$-11.45 Mil) to Dec. 2019 (C$-25.24 Mil).


Radiko Holdings Retained Earnings Historical Data

The historical data trend for Radiko Holdings'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.

Radiko Holdings Retained Earnings Chart

Radiko Holdings Annual Data
Trend Jul11 Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Dec18 Dec19
Retained Earnings
Get a 7-Day Free Trial Premium Member Only -0.93 -1.12 -1.58 -11.45 -25.24

Radiko Holdings Quarterly Data
Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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 -22.73 -25.24 -28.56 -29.15 -28.99

Radiko Holdings 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.


Radiko Holdings  (XCNQ:RDKO) 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.


Radiko Holdings (XCNQ:RDKO) Business Description

Traded in Other Exchanges
N/A
Address
12655 West Jefferson Boulevard, Los Angeles, CA, USA, 90066
Radiko Holdings Corp through its subsidiaries, is engaged in cannabis product manufacturing and distributing. The group generates revenue from licensing fees, royalties and agreements with companies who distribute and sell products in the Cannabis Industry, as well from the direct sale of merchandise such as clothing, paraphernalia, posters, and other products. Its other brands include La Vida Verde, Blank Brand, and Skunk Feather.

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