Boat Rocker Media (TSX:BRMI) Retained Earnings : C$-104.3 Mil (As of Dec. 2023)

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What is Boat Rocker Media Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Boat Rocker Media's retained earnings for the quarter that ended in Dec. 2023 was C$-104.3 Mil.

Boat Rocker Media's quarterly retained earnings declined from Jun. 2023 (C$-91.1 Mil) to Sep. 2023 (C$-100.7 Mil) and declined from Sep. 2023 (C$-100.7 Mil) to Dec. 2023 (C$-104.3 Mil).

Boat Rocker Media's annual retained earnings declined from Dec. 2021 (C$-64.8 Mil) to Dec. 2022 (C$-72.3 Mil) and declined from Dec. 2022 (C$-72.3 Mil) to Dec. 2023 (C$-104.3 Mil).

Boat Rocker Media Retained Earnings Historical Data

The historical data trend for Boat Rocker Media'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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Boat Rocker Media Retained Earnings Chart

Boat Rocker Media Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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13.05

-35.71

-64.81

-72.32

-104.35

Boat Rocker Media Quarterly Data
	Dec17	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Retained Earnings	Get a 7-Day Free Trial														-74.82	-72.32	-91.09	-100.68	-104.35

Boat Rocker Media 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.

Boat Rocker Media (TSX:BRMI) 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.

Boat Rocker Media (TSX:BRMI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Boat Rocker Media Inc (TSX:BRMI) » Definitions » Retained Earnings

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9P6:Germany

Address

310 King Street East, Toronto, ON, CAN, M5A 1K6

Website

https://www.boatrocker.com

Boat Rocker Media Inc is the home for creative visionaries. An independent, integrated entertainment company, Boat Rocker's purpose is to tell stories and build iconic brands across all genres and mediums. With offices around the world, the company's creative and commercial capabilities include scripted, unscripted, kids and family television production, distribution, brand, and franchise management, a world-class animation studio, and talent management through Untitled Entertainment. Its segment includes Television, Kids and Family, Representation, and the majority of the revenue comes from Television.

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