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EFLO Energy (EFLO Energy) Retained Earnings : $-6.52 Mil (As of May. 2015)


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What is EFLO Energy Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. EFLO Energy's retained earnings for the quarter that ended in May. 2015 was $-6.52 Mil.

EFLO Energy's quarterly retained earnings declined from Nov. 2014 ($-4.56 Mil) to Feb. 2015 ($-5.26 Mil) and declined from Feb. 2015 ($-5.26 Mil) to May. 2015 ($-6.52 Mil).

EFLO Energy's annual retained earnings increased from Aug. 2012 ($-4.43 Mil) to Aug. 2013 ($-0.63 Mil) but then declined from Aug. 2013 ($-0.63 Mil) to Aug. 2014 ($-5.39 Mil).


EFLO Energy Retained Earnings Historical Data

The historical data trend for EFLO Energy'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.

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EFLO Energy Retained Earnings Chart

EFLO Energy Annual Data
Trend Aug09 Aug10 Aug11 Aug12 Aug13 Aug14
Retained Earnings
Get a 7-Day Free Trial -0.08 -1.63 -4.43 -0.63 -5.39

EFLO Energy Quarterly Data
Aug10 Nov10 Feb11 May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15
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 -3.73 -5.39 -4.56 -5.26 -6.52

EFLO Energy 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.


EFLO Energy  (OTCPK:EFLO) 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.


EFLO Energy (EFLO Energy) Business Description

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Address
EFLO Energy Inc was incorporated in the State of Nevada on July 22, 2008. The Company is a development stage company. It is engaged in the acquisition, exploration and development of oil and gas properties in the United States and Canada.
Executives
Matthew J Anderson officer: CFO & Secretary 880 - 580 HORNBY STREET, VANCOUVER A1 V6C 3B6
Carlo Civelli 10 percent owner 111 SOMERSET ROAD, TRIPLE ONE SOMERSET 06-06, SINGAPORE U0 238164
Herbert T Schmidt director, officer: Chief Financial and Accounting 22840 DOLOROSA ST. WOODLANDS HILLS, CA 91367

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