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CRAFT 1861 Global Holdings (CRAFT 1861 Global Holdings) Retained Earnings : $-273.79 Mil (As of Sep. 2023)


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What is CRAFT 1861 Global Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. CRAFT 1861 Global Holdings's retained earnings for the quarter that ended in Sep. 2023 was $-273.79 Mil.

CRAFT 1861 Global Holdings's quarterly retained earnings declined from Mar. 2023 ($-120.77 Mil) to Jun. 2023 ($-131.70 Mil) and declined from Jun. 2023 ($-131.70 Mil) to Sep. 2023 ($-273.79 Mil).

CRAFT 1861 Global Holdings's annual retained earnings increased from Dec. 2020 ($-29.04 Mil) to Dec. 2021 ($-6.38 Mil) but then declined from Dec. 2021 ($-6.38 Mil) to Dec. 2022 ($-10.18 Mil).


CRAFT 1861 Global Holdings Retained Earnings Historical Data

The historical data trend for CRAFT 1861 Global 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.

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CRAFT 1861 Global Holdings Retained Earnings Chart

CRAFT 1861 Global Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Retained Earnings
-19.84 -29.04 -6.38 -10.18

CRAFT 1861 Global Holdings Quarterly Data
Dec19 Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -56.00 -10.18 -120.77 -131.70 -273.79

CRAFT 1861 Global 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.


CRAFT 1861 Global Holdings  (OTCPK:BGPPF) 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.


CRAFT 1861 Global Holdings (CRAFT 1861 Global Holdings) Business Description

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Address
100 Sun Avenue NE, Suite 650, Albuquerque, NM, USA, 87109
CRAFT 1861 Global Holdings Inc is a health and wellness company in the cannabinoid space. The company operates within the non-psychoactive, hemp-derived cannabidiol (CBD) market with consumer-packaged goods containing zero THC.

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