Kallo (KALO) Retained Earnings : $-89.91 Mil (As of Jun. 2022)

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What is Kallo Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Kallo's retained earnings for the quarter that ended in Jun. 2022 was $-89.91 Mil.

Kallo's quarterly retained earnings declined from Dec. 2021 ($-89.44 Mil) to Mar. 2022 ($-89.78 Mil) and declined from Mar. 2022 ($-89.78 Mil) to Jun. 2022 ($-89.91 Mil).

Kallo's annual retained earnings declined from Dec. 2019 ($-45.29 Mil) to Dec. 2020 ($-81.35 Mil) and declined from Dec. 2020 ($-81.35 Mil) to Dec. 2021 ($-89.44 Mil).

Kallo Retained Earnings Historical Data

The historical data trend for Kallo'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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Kallo Retained Earnings Chart

Kallo Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Retained Earnings

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-42.17

-42.94

-45.29

-81.35

-89.44

Kallo Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
Retained Earnings	Get a 7-Day Free Trial															-89.20	-89.23	-89.44	-89.78	-89.91

Kallo 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.

Kallo (OTCPK:KALO) 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.

Kallo Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Kallo Inc (OTCPK:KALO) » Definitions » Retained Earnings

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Address

255 Duncan Mills Road, Suite 504, Toronto, ON, CAN, M3B 3H9

Website

http://www.kalloinc.ca

Kallo Inc is focused on developing customized health care solutions designed to improve or enhance the delivery of care.

Executives

Lloyd A Chiotti	director, 10 percent owner, officer: Executive Vice President	954404 7TH LINE EHS, MONO A6 L9W 6G1
Rajni Kassett	10 percent owner	67 SIMMS DRIVE, AJAX A6 L1T3K1
Fe Pharmacy Inc.	10 percent owner	97 KING STREET EAST, OSHAWA A6 LQH 1B8
Vince Leitao	director, 10 percent owner, officer: President & COO	150 REGENT STREET, RICHMOND HILL A6 L4C 9N9
Cecil John Thiagaraj Rajarathnam	director, 10 percent owner, officer: Chairman, CEO, CFO	410 - 168 BONIS AVENUE, SCARBOROUGH A6 M1T 3V6
Kallo Inc.	10 percent owner	255 DUNCAN MILLS ROAD, SUITE 504, TORONTO A6 M3B 3H9
Samuel Baker	director, officer: Secretary	255 DUNCAN MILL ROAD, SUITE 504, TORONTO A6 M3B 3H9
Vinod Gandhi	director, officer: Treasurer, CFO	924 MOHAWK ROAD WEST, HAMILTON A6 L9C 6Z3
Mary Kricfalusi	director, 10 percent owner, officer: Secretary	186 MAURICE DRIVE, OAKVILLE A6 L6K 2W9
John C Dow	director, 10 percent owner, officer: CFO	261 PENN DRIVE, BURLINGTON A6 L7N 2B9
Herb Adams	director, 10 percent owner, officer: President	636 MOHAWK ROAD EAST, HAMILTON A6 L8V 2K1

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