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Black Diamond Group (Black Diamond Group) Retained Earnings : $-98.1 Mil (As of Dec. 2023)


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What is Black Diamond Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Black Diamond Group's retained earnings for the quarter that ended in Dec. 2023 was $-98.1 Mil.

Black Diamond Group's quarterly retained earnings increased from Jun. 2023 ($-112.9 Mil) to Sep. 2023 ($-101.7 Mil) and increased from Sep. 2023 ($-101.7 Mil) to Dec. 2023 ($-98.1 Mil).

Black Diamond Group's annual retained earnings increased from Dec. 2021 ($-139.9 Mil) to Dec. 2022 ($-115.2 Mil) and increased from Dec. 2022 ($-115.2 Mil) to Dec. 2023 ($-98.1 Mil).


Black Diamond Group Retained Earnings Historical Data

The historical data trend for Black Diamond Group'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.

Black Diamond Group Retained Earnings Chart

Black Diamond Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -147.67 -154.56 -139.90 -115.23 -98.12

Black Diamond Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -115.23 -112.08 -112.90 -101.72 -98.12

Black Diamond Group 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.


Black Diamond Group  (OTCPK:BDIMF) 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.


Black Diamond Group (Black Diamond Group) Business Description

Traded in Other Exchanges
Address
440-2nd Avenue SW, Suite 1000, Calgary, AB, CAN, T2P 5E9
Black Diamond Group Ltd rents and sells space rental solutions and modular workforce accommodations to business customers in Canada, the United States and Australia. It has two business units: Modular Space Solutions and Workforce Solutions. Modular Space Solutions provides high quality, cost effective, modular space rentals to customers. The customers operate in the construction, real estate development, education, manufacturing, health care, financial, government and defense industries. Workforce Solutions provides complete workforce housing solutions including rental of accommodations and surface equipment, provision of full turnkey lodge services and provision of travel management logistics through the Company's online digital marketplace, LodgeLink.

Black Diamond Group (Black Diamond Group) Headlines

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