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Indigenous Bloom Hemp (Indigenous Bloom Hemp) Retained Earnings : $-2.52 Mil (As of Feb. 2023)


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What is Indigenous Bloom Hemp Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Indigenous Bloom Hemp's retained earnings for the quarter that ended in Feb. 2023 was $-2.52 Mil.

Indigenous Bloom Hemp's quarterly retained earnings declined from May. 2022 ($-2.39 Mil) to Aug. 2022 ($-2.46 Mil) and declined from Aug. 2022 ($-2.46 Mil) to Feb. 2023 ($-2.52 Mil).

Indigenous Bloom Hemp's annual retained earnings declined from Apr. 2020 ($-23.05 Mil) to Apr. 2021 ($-26.40 Mil) but then increased from Apr. 2021 ($-26.40 Mil) to May. 2022 ($-2.39 Mil).


Indigenous Bloom Hemp Retained Earnings Historical Data

The historical data trend for Indigenous Bloom Hemp'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.

Indigenous Bloom Hemp Retained Earnings Chart

Indigenous Bloom Hemp Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 May22
Retained Earnings
Get a 7-Day Free Trial Premium Member Only -14.69 -22.88 -23.05 -26.40 -2.39

Indigenous Bloom Hemp Quarterly Data
Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Nov21 Feb22 May22 Aug22 Feb23
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 -1.22 -1.27 -2.39 -2.46 -2.52

Indigenous Bloom Hemp 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.


Indigenous Bloom Hemp  (OTCPK:VRTHF) 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.


Indigenous Bloom Hemp (Indigenous Bloom Hemp) Business Description

Traded in Other Exchanges
N/A
Address
3200-650 West Georgia Street, Vancouver, BC, CAN, V6B 4P7
Indigenous Bloom Hemp Corp is in business to produce and sell hemp extracts. It is engaged in the farming and cultivation of hemp biomass for third-party processing to extract cannabidiol (CBD) oils, distillate or isolate. The resulting solution can then be used for the production of many CBD products.