BMSPF (Biomass Secure Power) Retained Earnings: $-6.08 Mil (As of Jun. 2010)

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What is Biomass Secure Power Retained Earnings?

Biomass Secure Power BMSPF Retained Earnings is $-6.08 Mil as of Jun. 2010.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Biomass Secure Power's retained earnings for the quarter that ended in Jun. 2010 was $-6.08 Mil.

Biomass Secure Power's quarterly retained earnings declined from Jun. 2005 ($-1.00 Mil) to Jun. 2009 ($-5.82 Mil) and declined from Jun. 2009 ($-5.82 Mil) to Jun. 2010 ($-6.08 Mil).

Biomass Secure Power's annual retained earnings declined from Jun. 2005 ($-1.00 Mil) to Jun. 2009 ($-5.82 Mil) and declined from Jun. 2009 ($-5.82 Mil) to Jun. 2010 ($-6.08 Mil).

Biomass Secure Power  (OTCPK:BMSPF) 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.

Biomass Secure Power Retained Earnings Historical Data

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The historical data trend for Biomass Secure Power'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.

Biomass Secure Power Retained Earnings Chart

Biomass Secure Power Annual Data
Trend Jun04 Jun05 Jun09 Jun10
Retained Earnings
-0.75 -1.00 -5.82 -6.08

Biomass Secure Power Semi-Annual Data
Jun04 Jun05 Jun09 Jun10
Retained Earnings -0.75 -1.00 -5.82 -6.08

Biomass Secure Power 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 $-6.08 Mil mean?
Biomass Secure Power (BMSPF) has a Retained Earnings of $-6.08 Mil as of Jun. 2010. Retained earnings is the amount of net income not issued to shareholders. View historical data on Biomass Secure Power and its competitors.
Is Biomass Secure Power's Retained Earnings too high?
Biomass Secure Power's current Retained Earnings is $-6.08 Mil.
How does Biomass Secure Power's Retained Earnings compare to competitors?
Biomass Secure Power's Retained Earnings of $-6.08 Mil can be compared against companies in the Forest Products 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 Forest Products company?
A good Retained Earnings depends on the Forest Products 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 Biomass Secure Power and its competitors. Biomass Secure Power's current Retained Earnings is $-6.08 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Biomass Secure Power stock overvalued right now?
Biomass Secure Power (BMSPF) has a current Retained Earnings of $-6.08 Mil. The current Retained Earnings is $-6.08 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 Biomass Secure Power (BMSPF), the current Retained Earnings is $-6.08 Mil as of Jun. 2010. 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.

Biomass Secure Power Business Description

Address 125 8590 Sunrise Drive, Chilliwack, BC, CAN, V2R 3Z4
Biomass Secure Power Inc is engaged in the development of a wood pellet plant in Louisiana. The company has two patents that allow it to produce Biocoal with up to 30% more energy per tonne than whitewood pellets. The second patent concerns the briquetting of torrefied chips at high temperature maintaining the adhesive properties of the natural lignin and furans present in the wood fiber. It has developed two revenue streams, Biocoal supply and high carbon product which provides a byproduct that can be used for SAF.