ABVEF (Above Food Ingredients) Retained Earnings: $-102.3 Mil (As of Jul. 2024)

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ABVEF Above Food Ingredients Inc ABVEF
16 GF Score
Price $0.09
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What is Above Food Ingredients Retained Earnings?

Above Food Ingredients ABVEF -0.06% 16 Retained Earnings is $-102.3 Mil as of Jul. 2024. GuruFocus rates ABVEF with a GF Score™ of 16/100.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Above Food Ingredients's retained earnings for the quarter that ended in Jul. 2024 was $-102.3 Mil.

Above Food Ingredients's quarterly retained earnings declined from Jul. 2023 ($0.0 Mil) to Jan. 2024 ($-77.4 Mil) and declined from Jan. 2024 ($-77.4 Mil) to Jul. 2024 ($-102.3 Mil).

Above Food Ingredients's annual retained earnings declined from Jan. 2022 ($-4.0 Mil) to Jan. 2023 ($-37.7 Mil) and declined from Jan. 2023 ($-37.7 Mil) to Jan. 2024 ($-77.4 Mil).


Above Food Ingredients  (OTCPK:ABVEF) 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.


Above Food Ingredients Retained Earnings Historical Data

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The historical data trend for Above Food Ingredients'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.

Above Food Ingredients Retained Earnings Chart

Above Food Ingredients Annual Data
Trend Jan22 Jan23 Jan24
Retained Earnings
-4.03 -37.68 -77.39

Above Food Ingredients Semi-Annual Data
Jan22 Jan23 Jul23 Jan24 Jul24
Retained Earnings -4.03 -37.68 0.00 -77.39 -102.30
ABVEF
16GF Score
Above Food Ingredients Inc ABVEF
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Above Food Ingredients 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.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of $-102.3 Mil mean?
Above Food Ingredients (ABVEF) has a Retained Earnings of $-102.3 Mil as of Jul. 2024. Retained earnings is the amount of net income not issued to shareholders. View historical data on Above Food Ingredients and its competitors.
Is Above Food Ingredients' Retained Earnings too high?
Above Food Ingredients' current Retained Earnings is $-102.3 Mil. Overall, Above Food Ingredients has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Above Food Ingredients' Retained Earnings compare to CTGL and NATR?
Above Food Ingredients' Retained Earnings of $-102.3 Mil can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Consumer Packaged Goods company?
A good Retained Earnings depends on the Consumer Packaged Goods industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Above Food Ingredients and its competitors. Above Food Ingredients's current Retained Earnings is $-102.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Above Food Ingredients stock overvalued right now?
Above Food Ingredients (ABVEF) has a current Retained Earnings of $-102.3 Mil. The current Retained Earnings is $-102.3 Mil. Above Food Ingredients' overall GF Score™ is 16/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Above Food Ingredients (ABVEF), the current Retained Earnings is $-102.3 Mil as of Jul. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Above Food Ingredients Business Description

Address 2305 Victoria Avenue, Saskatchewan, Regina, SK, CAN, S4P0S7
Above Food Ingredients Inc is a differentiated, regenerative ingredient company. Its products are made with real nutritious, flavorful ingredients and delivered with transparency. Its vision is to create a healthier world one seed, one field, and one bite at a time. With a robust chain of custody of plant proteins, enabled by scaled operations and infrastructure in primary agriculture and processing, and proprietary seed development capabilities that leverage the power of artificial intelligence driven genomics. The company delivers nutritious foods to businesses and consumers with traceability and sustainability. Above Food's consumer products and brands are available in grocers across Canada and the United States.
16GF Score

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Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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