BMMJ (Body and Mind) Retained Earnings: $-69.60 Mil (As of Apr. 2024)

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BMMJ Body and Mind Inc BMMJ
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What is Body and Mind Retained Earnings?

Body and Mind BMMJ 14 Retained Earnings is $-69.60 Mil as of Apr. 2024. GuruFocus rates BMMJ with a GF Score™ of 14/100.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Body and Mind's retained earnings for the quarter that ended in Apr. 2024 was $-69.60 Mil.

Body and Mind's quarterly retained earnings declined from Oct. 2023 ($-66.75 Mil) to Jan. 2024 ($-67.00 Mil) and declined from Jan. 2024 ($-67.00 Mil) to Apr. 2024 ($-69.60 Mil).

Body and Mind's annual retained earnings declined from Jul. 2021 ($-17.13 Mil) to Jul. 2022 ($-45.80 Mil) and declined from Jul. 2022 ($-45.80 Mil) to Jul. 2023 ($-66.83 Mil).

Body and Mind  (OTCPK:BMMJ) 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.

Body and Mind Retained Earnings Historical Data

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The historical data trend for Body and Mind'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.

Body and Mind Retained Earnings Chart

Body and Mind Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -10.53 -14.87 -17.13 -45.80 -66.83

Body and Mind Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 -55.46 -66.83 -66.75 -67.00 -69.60
BMMJ
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Body and Mind Inc BMMJ
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Body and Mind 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 $-69.60 Mil mean?
Body and Mind (BMMJ) has a Retained Earnings of $-69.60 Mil as of Apr. 2024. Retained earnings is the amount of net income not issued to shareholders. View historical data on Body and Mind and its competitors.
Is Body and Mind's Retained Earnings too high?
Body and Mind's current Retained Earnings is $-69.60 Mil. Overall, Body and Mind has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Body and Mind's Retained Earnings compare to AKAN and OWPC?
Body and Mind's Retained Earnings of $-69.60 Mil can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Retained Earnings depends on the Drug Manufacturers 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 Body and Mind and its competitors. Body and Mind's current Retained Earnings is $-69.60 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Body and Mind stock overvalued right now?
Body and Mind (BMMJ) has a current Retained Earnings of $-69.60 Mil. The current Retained Earnings is $-69.60 Mil. Body and Mind's overall GF Score™ is 14/100. 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 Body and Mind (BMMJ), the current Retained Earnings is $-69.60 Mil as of Apr. 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.

Body and Mind Business Description

Address 750-1095 West Pender Street, Vancouver, BC, CAN, V6E 2M6
Body and Mind Inc is a multi-state cannabis operator, which has retail, distribution, cultivation, and/or processing operations in Nevada, California, Arkansas, Ohio and Illinois. It has developed the marquis lifestyle Body and Mind brand in Nevada with penetration into dispensaries and has expanded its brand and products to dispensaries in California. The Body and Mind brand appeals to a wide range of cannabis consumers with products including flowers, oils, extracts (wax, live resin, ambrosia), and edibles. The Company Operates in Three segments; Wholesale, Retail, and All others. The Majority of revenue is derived from the Retail segment.
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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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