EQCO2 (CLNO) Retained Earnings : $-3.06 Mil (As of Jul. 2013)

View and export this data going back to . Start your Free Trial

What is EQCO2 Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. EQCO2's retained earnings for the quarter that ended in Jul. 2013 was $-3.06 Mil.

EQCO2's quarterly retained earnings declined from Jan. 2013 ($-2.68 Mil) to Apr. 2013 ($-2.94 Mil) and declined from Apr. 2013 ($-2.94 Mil) to Jul. 2013 ($-3.06 Mil).

EQCO2's annual retained earnings declined from Oct. 2010 ($-0.28 Mil) to Oct. 2011 ($-1.12 Mil) and declined from Oct. 2011 ($-1.12 Mil) to Oct. 2012 ($-2.61 Mil).

EQCO2 Retained Earnings Historical Data

The historical data trend for EQCO2'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.

* Premium members only.

EQCO2 Retained Earnings Chart

EQCO2 Annual Data

Trend

Oct07

Oct08

Oct09

Oct10

Oct11

Oct12

Retained Earnings

Get a 7-Day Free Trial

-0.11

-0.13

-0.28

-1.12

-2.61

EQCO2 Quarterly Data
	Oct08	Jan09	Apr09	Jul09	Oct09	Jan10	Apr10	Jul10	Oct10	Jan11	Apr11	Jul11	Oct11	Jan12	Apr12	Jul12	Oct12	Jan13	Apr13	Jul13
Retained Earnings	Get a 7-Day Free Trial															-2.52	-2.61	-2.68	-2.94	-3.06

EQCO2 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.

EQCO2 (OTCPK:CLNO) 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.

EQCO2 (CLNO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » EQCO2 Inc (OTCPK:CLNO) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.cleantechtransit.net

EQCO2 Inc, formerly Cleantech Transit Inc, is a development stage company.

Executives

Bosket Kenneth Cornell Sr	director, officer: President and CEO	1453 FLINTROCK ROAD, HENDERSON NV 89014
Montse Zaman	director, officer: Secretary and Treasurer	11226 PENTLAND DOWNS STREET, LAS VEGAS NV 89141
Lowell Thomas Holden	director, officer: CFO	631 US HWY 1, SUITE 407, NORTH PALM BEACH FL 33408

EQCO2 (CLNO) Headlines

No Headlines