CBYI (Cal Bay International) Retained Earnings: $-3.26 Mil (As of Sep. 2006)

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 Cal Bay International Retained Earnings?

Cal Bay International CBYI -99.00% Retained Earnings is $-3.26 Mil as of Sep. 2006.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Cal Bay International's retained earnings for the quarter that ended in Sep. 2006 was $-3.26 Mil.

Cal Bay International's quarterly retained earnings increased from Mar. 2006 ($-5.82 Mil) to Jun. 2006 ($-0.44 Mil) but then declined from Jun. 2006 ($-0.44 Mil) to Sep. 2006 ($-3.26 Mil).

Cal Bay International's annual retained earnings declined from Dec. 2003 ($-1.31 Mil) to Dec. 2004 ($-1.39 Mil) and declined from Dec. 2004 ($-1.39 Mil) to Dec. 2005 ($-3.26 Mil).

Cal Bay International  (OTCPK:CBYI) 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.

Cal Bay International Retained Earnings Historical Data

* Premium members only.

The historical data trend for Cal Bay International'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.

Cal Bay International Retained Earnings Chart

Cal Bay International Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05
Retained Earnings
-0.02 -0.74 -1.31 -1.39 -3.26

Cal Bay International Quarterly Data
Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06
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 -3.26 -3.26 -5.82 -0.44 -3.26

Cal Bay International 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 $-3.26 Mil mean?
Cal Bay International (CBYI) has a Retained Earnings of $-3.26 Mil as of Sep. 2006. Retained earnings is the amount of net income not issued to shareholders. View historical data on Cal Bay International and its competitors.
Is Cal Bay International's Retained Earnings too high?
Cal Bay International's current Retained Earnings is $-3.26 Mil.
How does Cal Bay International's Retained Earnings compare to PPCQ and RSRT?
Cal Bay International's Retained Earnings of $-3.26 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 Cal Bay International and its competitors. Cal Bay International's current Retained Earnings is $-3.26 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cal Bay International stock overvalued right now?
Cal Bay International (CBYI) has a current Retained Earnings of $-3.26 Mil. The current Retained Earnings is $-3.26 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 Cal Bay International (CBYI), the current Retained Earnings is $-3.26 Mil as of Sep. 2006. 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.

Cal Bay International Business Description

Address 1887 Whitney Mesa Drive, No. 2127, Henderson, NV, USA, 89014
Cal Bay International Inc acquired a Financial, merchant card processing system, CB Green Card, that allows the legal payment to the dispensary by patients using the CB Green card for purchases within the dispensaries. The majority of the transactions are on a cash only basis. The company's merchant processing system allows for the registered dispensaries to be able to accept and process the patients CB Green card and have the proceeds deposited to their financial institution, creating an alternative to holding large amounts of non depositable cash to the banks and at the same time creating a verifiable transaction of sales for state and Federal tax collection agencies. The company has also developed a formula specifically designed for enhancing the growth of marijuana plants.