FGCO (Financial Gravity) Retained Earnings: $-14.79 Mil (As of Jun. 2023)

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FGCO Financial Gravity Companies Inc FGCO
34 GF Score
Price $0.08
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What is Financial Gravity Retained Earnings?

Financial Gravity FGCO 34 Retained Earnings is $-14.79 Mil as of Jun. 2023. GuruFocus rates FGCO with a GF Score™ of 34/100.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Financial Gravity's retained earnings for the quarter that ended in Jun. 2023 was $-14.79 Mil.

Financial Gravity's quarterly retained earnings declined from Sep. 2022 ($-14.67 Mil) to Dec. 2022 ($-14.80 Mil) but then increased from Dec. 2022 ($-14.80 Mil) to Jun. 2023 ($-14.79 Mil).

Financial Gravity's annual retained earnings declined from Sep. 2020 ($-6.99 Mil) to Sep. 2021 ($-14.41 Mil) and declined from Sep. 2021 ($-14.41 Mil) to Sep. 2022 ($-14.67 Mil).

Financial Gravity  (OTCPK:FGCO) 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.

Financial Gravity Retained Earnings Historical Data

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The historical data trend for Financial Gravity'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.

Financial Gravity Retained Earnings Chart

Financial Gravity Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.58 -6.20 -6.99 -14.41 -14.67

Financial Gravity Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23
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 -14.89 -14.84 -14.67 -14.80 -14.79
FGCO
34GF Score
Financial Gravity Companies Inc FGCO
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Financial Gravity 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 $-14.79 Mil mean?
Financial Gravity (FGCO) has a Retained Earnings of $-14.79 Mil as of Jun. 2023. Retained earnings is the amount of net income not issued to shareholders. View historical data on Financial Gravity and its competitors.
Is Financial Gravity's Retained Earnings too high?
Financial Gravity's current Retained Earnings is $-14.79 Mil. Overall, Financial Gravity has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Financial Gravity's Retained Earnings compare to VOYA?
Financial Gravity's Retained Earnings of $-14.79 Mil can be compared against companies in the Diversified Financial Services 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 Diversified Financial Services company?
A good Retained Earnings depends on the Diversified Financial Services 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 Financial Gravity and its competitors. Financial Gravity's current Retained Earnings is $-14.79 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Financial Gravity stock overvalued right now?
Financial Gravity (FGCO) has a current Retained Earnings of $-14.79 Mil. The current Retained Earnings is $-14.79 Mil. Financial Gravity's overall GF Score™ is 34/100. 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 Financial Gravity (FGCO), the current Retained Earnings is $-14.79 Mil as of Jun. 2023. 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.

Financial Gravity Business Description

Address 2501 Ranch Road 620 South, Suite 110, Lakeway, TX, USA, 78734
Financial Gravity Companies Inc through its subsidiaries, helps investment advisors and tax professionals expand their businesses by adding additional services, including their own multi-family office. Financial services professionals are able to leverage Financial Gravity systems, technology, proprietary resources, and deep domain expertise to provide a comprehensive financial service experience to their clients that spans proactive tax planning, retirement and estate planning, wealth management, and risk mitigation. The company's operating segments include FGCO, Forta, FGAM, FGFOS, FGIS, FGEM, and TMN.
34GF Score

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Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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