BLONF (CO2 Gro) Retained Earnings: $-17.97 Mil (As of Sep. 2023)

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What is CO2 Gro Retained Earnings?

CO2 Gro BLONF -99.95% Retained Earnings is $-17.97 Mil as of Sep. 2023.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. CO2 Gro's retained earnings for the quarter that ended in Sep. 2023 was $-17.97 Mil.

CO2 Gro's quarterly retained earnings declined from Dec. 2022 ($-17.30 Mil) to Mar. 2023 ($-17.39 Mil) and declined from Mar. 2023 ($-17.39 Mil) to Sep. 2023 ($-17.97 Mil).

CO2 Gro's annual retained earnings declined from Dec. 2020 ($-15.68 Mil) to Dec. 2021 ($-16.99 Mil) and declined from Dec. 2021 ($-16.99 Mil) to Dec. 2022 ($-17.30 Mil).

CO2 Gro  (OTCPK:BLONF) 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.

CO2 Gro Retained Earnings Historical Data

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The historical data trend for CO2 Gro'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.

CO2 Gro Retained Earnings Chart

CO2 Gro Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -13.11 -14.50 -15.68 -16.99 -17.30

CO2 Gro Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23
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 -17.74 -17.21 -17.30 -17.39 -17.97

CO2 Gro 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 $-17.97 Mil mean?
CO2 Gro (BLONF) has a Retained Earnings of $-17.97 Mil as of Sep. 2023. Retained earnings is the amount of net income not issued to shareholders. View historical data on CO2 Gro and its competitors.
Is CO2 Gro's Retained Earnings too high?
CO2 Gro's current Retained Earnings is $-17.97 Mil.
How does CO2 Gro's Retained Earnings compare to CTVA and CF?
CO2 Gro's Retained Earnings of $-17.97 Mil can be compared against companies in the Agriculture 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 an Agriculture company?
A good Retained Earnings depends on the Agriculture 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 CO2 Gro and its competitors. CO2 Gro's current Retained Earnings is $-17.97 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CO2 Gro stock overvalued right now?
CO2 Gro (BLONF) has a current Retained Earnings of $-17.97 Mil. The current Retained Earnings is $-17.97 Mil. 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 CO2 Gro (BLONF), the current Retained Earnings is $-17.97 Mil as of Sep. 2023. 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.

CO2 Gro Business Description

Address 40 King Street West, Suite 5800, Toronto, ON, CAN, M5H 3S1
CO2 Gro Inc is engaged in commercializing its patent-licensed CO2 gas infusion technology and its patent-pending US PTO CO2 Delivery Solutions system, both of which form the company's saturated CO2 solutions plant platform. Saturated CO2 solution when misted onto plants provides growers that cannot gas with CO2 the opportunity to increase plant yields. The company's sole focus is working with its plant growers and agri-industrial partners in proving and adopting its CO2 technologies for specific growers' plant yield needs.