EVIO (EVIO) Retained Earnings: $-44.39 Mil (As of Jun. 2020)


What is EVIO Retained Earnings?

EVIO EVIO -98.00% Retained Earnings is $-44.39 Mil as of Jun. 2020.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. EVIO's retained earnings for the quarter that ended in Jun. 2020 was $-44.39 Mil.

EVIO's quarterly retained earnings declined from Dec. 2019 ($-40.09 Mil) to Mar. 2020 ($-43.04 Mil) and declined from Mar. 2020 ($-43.04 Mil) to Jun. 2020 ($-44.39 Mil).

EVIO's annual retained earnings declined from Sep. 2017 ($-7.59 Mil) to Sep. 2018 ($-19.23 Mil) and declined from Sep. 2018 ($-19.23 Mil) to Sep. 2019 ($-37.78 Mil).

EVIO  (OTCPK:EVIO) 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.

EVIO Retained Earnings Historical Data

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The historical data trend for EVIO'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.

EVIO Retained Earnings Chart

EVIO Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19
Retained Earnings
-1.51 -4.03 -7.59 -19.23 -37.78

EVIO Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
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 -26.86 -37.78 -40.09 -43.04 -44.39

EVIO 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 $-44.39 Mil mean?
EVIO (EVIO) has a Retained Earnings of $-44.39 Mil as of Jun. 2020. Retained earnings is the amount of net income not issued to shareholders. View historical data on EVIO and its competitors.
Is EVIO's Retained Earnings too high?
EVIO's current Retained Earnings is $-44.39 Mil.
How does EVIO's Retained Earnings compare to VCBD and ACCA?
EVIO's Retained Earnings of $-44.39 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 EVIO and its competitors. EVIO's current Retained Earnings is $-44.39 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EVIO stock overvalued right now?
EVIO (EVIO) has a current Retained Earnings of $-44.39 Mil. The current Retained Earnings is $-44.39 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 EVIO (EVIO), the current Retained Earnings is $-44.39 Mil as of Jun. 2020. 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.

EVIO Business Description

Address 2654 W. Horizon Ridge Drive Parkway, Suite B5-208, Henderson, NV, USA, 89052
EVIO Inc is a Colorado corporation and a diversified holding company. Its subsidiaries provide analytical testing and advisory services to the emerging legalized cannabis industry. The Company performs analytical testing for cannabis and cannabis-derived products, including hemp and CBD products. Its current operations also include pharmaceutical, environmental, stability, and analytical testing, as well as residential and commercial construction and investments, with operations in the United States and Canada.