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Astika Holdings (Astika Holdings) Retained Earnings : $-0.71 Mil (As of Sep. 2019)


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What is Astika Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Astika Holdings's retained earnings for the quarter that ended in Sep. 2019 was $-0.71 Mil.

Astika Holdings's quarterly retained earnings declined from Mar. 2019 ($-0.63 Mil) to Jun. 2019 ($-0.65 Mil) and declined from Jun. 2019 ($-0.65 Mil) to Sep. 2019 ($-0.71 Mil).

Astika Holdings's annual retained earnings declined from Dec. 2016 ($-0.30 Mil) to Dec. 2017 ($-0.57 Mil) and declined from Dec. 2017 ($-0.57 Mil) to Dec. 2018 ($-0.63 Mil).


Astika Holdings Retained Earnings Historical Data

The historical data trend for Astika Holdings'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.

Astika Holdings Retained Earnings Chart

Astika Holdings Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Retained Earnings
Get a 7-Day Free Trial -0.17 -0.28 -0.30 -0.57 -0.63

Astika Holdings Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 -0.60 -0.63 -0.63 -0.65 -0.71

Astika Holdings 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.


Astika Holdings  (OTCPK:ASKH) 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.


Astika Holdings (Astika Holdings) Business Description

Traded in Other Exchanges
N/A
Address
703 Rosebank Road, Level 1, Avondale, Auckland, NZL, 1348
Website
Astika Holdings Inc is not engaged in any business activity and is preparing to relaunch the company through one or more strategic acquisitions in the textile, service and industrial sectors in Asia and New Zealand.
Executives
Eugene B Settler director, officer: President, CEO & Treasurer
Aline Parrish 10 percent owner 631 JEFFERSON AVENUE UNIT 305 MIAMI BEACH FL 33139
Stephen J Ratelle director 6393 BUCKAROO AVENUE LAS VEGAS NV 89108
Jack Alvo director, officer: Secretary 7000 WEST PALMETTO PARK ROAD SUITE 409 BOCA RATON FL 33433
Iq Acquisition (ny) Ltd. 10 percent owner LEVEL 1, 725 ROSEBANK ROAD AVONDALE, 1348 AUCKLAND Q2 00000

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