CBDG (THC Farmaceuticals) Retained Earnings: $-1.29 Mil (As of Jun. 2018)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is THC Farmaceuticals Retained Earnings?

THC Farmaceuticals CBDG +16.67% Retained Earnings is $-1.29 Mil as of Jun. 2018.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. THC Farmaceuticals's retained earnings for the quarter that ended in Jun. 2018 was $-1.29 Mil.

THC Farmaceuticals's quarterly retained earnings declined from Jun. 2017 ($0.00 Mil) to Mar. 2018 ($-1.28 Mil) and declined from Mar. 2018 ($-1.28 Mil) to Jun. 2018 ($-1.29 Mil).

THC Farmaceuticals's annual retained earnings declined from Sep. 2011 ($-0.05 Mil) to Sep. 2012 ($-0.09 Mil) and declined from Sep. 2012 ($-0.09 Mil) to Sep. 2013 ($-0.11 Mil).


THC Farmaceuticals  (OTCPK:CBDG) 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.


THC Farmaceuticals Retained Earnings Historical Data

* Premium members only.

The historical data trend for THC Farmaceuticals'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.

THC Farmaceuticals Retained Earnings Chart

THC Farmaceuticals Annual Data
Trend Sep10 Sep11 Sep12 Sep13
Retained Earnings
-0.02 -0.05 -0.09 -0.11

THC Farmaceuticals Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Mar17 Jun17 Mar18 Jun18
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 -0.20 0.00 0.00 -1.28 -1.29

THC Farmaceuticals 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 $-1.29 Mil mean?
THC Farmaceuticals (CBDG) has a Retained Earnings of $-1.29 Mil as of Jun. 2018. Retained earnings is the amount of net income not issued to shareholders. View historical data on THC Farmaceuticals and its competitors.
Is THC Farmaceuticals' Retained Earnings too high?
THC Farmaceuticals' current Retained Earnings is $-1.29 Mil.
How does THC Farmaceuticals' Retained Earnings compare to BOXS?
THC Farmaceuticals' Retained Earnings of $-1.29 Mil can be compared against companies in the Biotechnology 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 Biotechnology company?
A good Retained Earnings depends on the Biotechnology 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 THC Farmaceuticals and its competitors. THC Farmaceuticals's current Retained Earnings is $-1.29 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is THC Farmaceuticals stock overvalued right now?
THC Farmaceuticals (CBDG) has a current Retained Earnings of $-1.29 Mil. The current Retained Earnings is $-1.29 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 THC Farmaceuticals (CBDG), the current Retained Earnings is $-1.29 Mil as of Jun. 2018. 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.

THC Farmaceuticals Business Description

Address 2789 Rio Vista Drive, Suite 3, Saint George, UT, USA, 84790
THC Farmaceuticals Inc is a clinical-stage biotechnology company specializing in the discovery, development, and commercialization of novel cannabinoid-based products in dental, ophthalmology, and other medical disciplines. It offers the combination of proprietary developments with the expertise of clinicians and scientists to unlock the therapeutic properties of cannabis and its bioactive compounds.