Switch to:

Canopy Growth Retained Earnings

: $-2,905.4 Mil (As of Dec. 2019)
View and export this data going back to 2010. Start your Free Trial

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Canopy Growth's retained earnings for the quarter that ended in Dec. 2019 was $-2,905.4 Mil.

Canopy Growth's quarterly retained earnings declined from Jun. 2019 ($-2,509.4 Mil) to Sep. 2019 ($-2,799.7 Mil) and declined from Sep. 2019 ($-2,799.7 Mil) to Dec. 2019 ($-2,905.4 Mil).

Canopy Growth's annual retained earnings declined from Mar. 2017 ($-15.9 Mil) to Mar. 2018 ($-70.9 Mil) and declined from Mar. 2018 ($-70.9 Mil) to Mar. 2019 ($-581.2 Mil).


Canopy Growth Retained Earnings Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Canopy Growth Annual Data
Jul10 Jul11 Jul12 Jul13 Dec14 Mar16 Mar17 Mar18 Mar19
Retained Earnings Premium Member Only Premium Member Only Premium Member Only Premium Member Only -8.55 -10.42 -15.91 -70.86 -581.17

Canopy Growth Quarterly Data
Dec14 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
Retained Earnings 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 Premium Member Only Premium Member Only Premium Member Only -328.58 -581.17 -2,509.36 -2,799.65 -2,905.38

Canopy Growth 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.


Canopy Growth  (NYSE:CGC) 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.


Canopy Growth Retained Earnings Headlines

From the Internet

CGC
3 Top Marijuana Stocks to Watch in June

- Fool 2020-06-06 07:25:00

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)