CBTC (XTRA Bitcoin) Retained Earnings: $-3.02 Mil (As of Dec. 2011)


What is XTRA Bitcoin Retained Earnings?

XTRA Bitcoin CBTC Retained Earnings is $-3.02 Mil as of Dec. 2011.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. XTRA Bitcoin's retained earnings for the quarter that ended in Dec. 2011 was $-3.02 Mil.

XTRA Bitcoin's quarterly retained earnings increased from Jun. 2011 ($-3.06 Mil) to Sep. 2011 ($-3.01 Mil) but then declined from Sep. 2011 ($-3.01 Mil) to Dec. 2011 ($-3.02 Mil).

XTRA Bitcoin's annual retained earnings declined from Dec. 2009 ($-1.67 Mil) to Dec. 2010 ($-2.86 Mil) and declined from Dec. 2010 ($-2.86 Mil) to Dec. 2011 ($-3.02 Mil).

XTRA Bitcoin  (OTCPK:CBTC) 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.

XTRA Bitcoin Retained Earnings Historical Data

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The historical data trend for XTRA Bitcoin'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.

XTRA Bitcoin Retained Earnings Chart

XTRA Bitcoin Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Retained Earnings
Get a 7-Day Free Trial -0.39 -1.50 -1.67 -2.86 -3.02

XTRA Bitcoin Quarterly Data
Dec06 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11
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 -2.86 -2.86 -3.06 -3.01 -3.02

XTRA Bitcoin 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 $-3.02 Mil mean?
XTRA Bitcoin (CBTC) has a Retained Earnings of $-3.02 Mil as of Dec. 2011. Retained earnings is the amount of net income not issued to shareholders. View historical data on XTRA Bitcoin and its competitors.
Is XTRA Bitcoin's Retained Earnings too high?
XTRA Bitcoin's current Retained Earnings is $-3.02 Mil.
How does XTRA Bitcoin's Retained Earnings compare to RGNP and CTHR?
XTRA Bitcoin's Retained Earnings of $-3.02 Mil can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Retained Earnings depends on the Capital Markets 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 XTRA Bitcoin and its competitors. XTRA Bitcoin's current Retained Earnings is $-3.02 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is XTRA Bitcoin stock overvalued right now?
XTRA Bitcoin (CBTC) has a current Retained Earnings of $-3.02 Mil. The current Retained Earnings is $-3.02 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 XTRA Bitcoin (CBTC), the current Retained Earnings is $-3.02 Mil as of Dec. 2011. 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.

XTRA Bitcoin Business Description

Address 912 Bobwhite Street, Fruitland, ID, USA, 83619
XTRA Bitcoin Inc is a United States-based company engaged in the business of Bitcoin mining.