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Foodbase Group (Foodbase Group) Retained Earnings : $1.32 Mil (As of Sep. 2012)


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What is Foodbase Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Foodbase Group's retained earnings for the quarter that ended in Sep. 2012 was $1.32 Mil.

Foodbase Group's quarterly retained earnings declined from Mar. 2012 ($3.30 Mil) to Jun. 2012 ($2.62 Mil) and declined from Jun. 2012 ($2.62 Mil) to Sep. 2012 ($1.32 Mil).

Foodbase Group's annual retained earnings declined from Dec. 2009 ($1.61 Mil) to Dec. 2010 ($0.50 Mil) but then increased from Dec. 2010 ($0.50 Mil) to Dec. 2011 ($3.93 Mil).


Foodbase Group Retained Earnings Historical Data

The historical data trend for Foodbase Group'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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Foodbase Group Retained Earnings Chart

Foodbase Group Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11
Retained Earnings
- -0.03 1.61 0.50 3.93

Foodbase Group Quarterly Data
Dec07 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12
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 4.17 3.93 3.30 2.62 1.32

Foodbase Group 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.


Foodbase Group  (OTCPK:FBGI) 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.


Foodbase Group (Foodbase Group) Business Description

Traded in Other Exchanges
N/A
Address
4030 Wake Forest Road, Suite 349, Raleigh, NC, USA, 27609
Foodbase Group Inc is engaged in the operation of restaurants. The Company is an international enterprise specializing in research and development, production, sales, and service of dairy products.

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