CXBS (Corix Bioscience) Retained Earnings: $-5.30 Mil (As of Sep. 2017)

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What is Corix Bioscience Retained Earnings?

Corix Bioscience CXBS -99.00% Retained Earnings is $-5.30 Mil as of Sep. 2017.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Corix Bioscience's retained earnings for the quarter that ended in Sep. 2017 was $-5.30 Mil.

Corix Bioscience's quarterly retained earnings declined from Mar. 2017 ($0.00 Mil) to Jun. 2017 ($-2.16 Mil) and declined from Jun. 2017 ($-2.16 Mil) to Sep. 2017 ($-5.30 Mil).

Corix Bioscience's annual retained earnings declined from Jan. 2014 ($-4.40 Mil) to Jan. 2015 ($-4.46 Mil) and declined from Jan. 2015 ($-4.46 Mil) to Dec. 2016 ($-12.42 Mil).

Corix Bioscience  (OTCPK:CXBS) 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.

Corix Bioscience Retained Earnings Historical Data

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The historical data trend for Corix Bioscience'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.

Corix Bioscience Retained Earnings Chart

Corix Bioscience Annual Data
Trend Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15 Dec16
Retained Earnings
Get a 7-Day Free Trial -0.98 -2.68 -4.40 -4.46 -12.42

Corix Bioscience Quarterly Data
Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 -12.29 -12.42 0.00 -2.16 -5.30

Corix Bioscience 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 $-5.30 Mil mean?
Corix Bioscience (CXBS) has a Retained Earnings of $-5.30 Mil as of Sep. 2017. Retained earnings is the amount of net income not issued to shareholders. View historical data on Corix Bioscience and its competitors.
Is Corix Bioscience's Retained Earnings too high?
Corix Bioscience's current Retained Earnings is $-5.30 Mil.
How does Corix Bioscience's Retained Earnings compare to BKIT and YBAO?
Corix Bioscience's Retained Earnings of $-5.30 Mil can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Retained Earnings depends on the Drug Manufacturers 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 Corix Bioscience and its competitors. Corix Bioscience's current Retained Earnings is $-5.30 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Corix Bioscience stock overvalued right now?
Corix Bioscience (CXBS) has a current Retained Earnings of $-5.30 Mil. The current Retained Earnings is $-5.30 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 Corix Bioscience (CXBS), the current Retained Earnings is $-5.30 Mil as of Sep. 2017. 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.

Corix Bioscience Business Description

Address 18662 MaCaurther Boulevard, Suite 200, Irvine, CA, USA, 85085
Corix Bioscience Inc is a United States-based research and development firm of cannabidiol (CBD) products and treatments. It is engaged in the business of producing organic CBD oil used for medical applications and treatments. In addition, the group is also focused on the production of tetrahydrocannabivarin oil. The company is focused on operations in Oregon, California, and Nevada, United States.