GL Brands (GL Brands) Retained Earnings : $-36.84 Mil (As of Sep. 2019)

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What is GL Brands Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. GL Brands's retained earnings for the quarter that ended in Sep. 2019 was $-36.84 Mil.

GL Brands's quarterly retained earnings declined from Mar. 2019 ($-13.77 Mil) to Jun. 2019 ($-22.32 Mil) and declined from Jun. 2019 ($-22.32 Mil) to Sep. 2019 ($-36.84 Mil).

GL Brands's annual retained earnings declined from Jun. 2017 ($-4.92 Mil) to Jun. 2018 ($-9.54 Mil) and declined from Jun. 2018 ($-9.54 Mil) to Jun. 2019 ($-22.32 Mil).

GL Brands Retained Earnings Historical Data

The historical data trend for GL 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.

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GL Brands Retained Earnings Chart

GL Brands Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Retained Earnings

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-1.00

-4.01

-4.92

-9.54

-22.32

GL Brands Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Retained Earnings	Get a 7-Day Free Trial															-10.64	-12.39	-13.77	-22.32	-36.84

GL 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.

GL Brands (OTCPK:GRLB) 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.

GL Brands (GL Brands) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » GL Brands Inc (OTCPK:GRLB) » Definitions » Retained Earnings

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Traded in Other Exchanges

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Address

3939 Beltline Road, Suite 350, Addison, TX, USA, 75001

Website

https://www.glbrands.com

GL Brands Inc is a hemp consumer packaged goods company. It is engaged in the development and commercialization of a portfolio of brands that market and sell responsibly produced cannabinoid-rich products for health and well-being. The firm's portfolio of products consists of tinctures, softgels, gummies, sparkling beverages, vapes and others.

Executives

Rsgroberg Consulting Llc	other: former director	1256 PANINI DRIVE, ATTN: RICHARD GROBERG, HENDERSON NV 89052
Pelosi Paul Francis Jr	other: Former director	2269 CHESTNUT STREET, SAN FRANCISCO CA 94123
David Goldburg	director	641 LEXINGTON AVENUE 18TH FLOOR NEW YORK NY 10020
Christopher Michael Sloan	other: former COO	2755 W. PEBBLE ROAD #506 LAS VEGAS NV 89123
Joshua Martin Halford	officer: CTO	5175 JERRY TARKANIAN WAY #16303 LAS VEGAS NV 89148
Raymond P Medeiros	director	3571 E. SUNSET ROAD, SUITE 420 LAS VEGAS NV 89120
Clifford J Perry	director, 10 percent owner, officer: CEO, CFO	3571 E. SUNSET ROAD, SUITE 420 LAS VEGAS NV 89120
Richard C. Cowan	director, 10 percent owner	1300 DOVE STREET #215 NEWPORT BEACH CA 92660