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Flowerkist Skin Caresmetics (Flowerkist Skin Caresmetics) Retained Earnings : $-3.42 Mil (As of Sep. 2022)


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What is Flowerkist Skin Caresmetics Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Flowerkist Skin Caresmetics's retained earnings for the quarter that ended in Sep. 2022 was $-3.42 Mil.

Flowerkist Skin Caresmetics's quarterly retained earnings stayed the same from Mar. 2022 ($-3.40 Mil) to Jun. 2022 ($-3.40 Mil) but then declined from Jun. 2022 ($-3.40 Mil) to Sep. 2022 ($-3.42 Mil).

Flowerkist Skin Caresmetics's annual retained earnings declined from Jul. 2019 ($-1.79 Mil) to Jul. 2020 ($-1.79 Mil) and declined from Jul. 2020 ($-1.79 Mil) to Dec. 2021 ($-3.38 Mil).


Flowerkist Skin Caresmetics Retained Earnings Historical Data

The historical data trend for Flowerkist Skin Caresmetics'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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Flowerkist Skin Caresmetics Retained Earnings Chart

Flowerkist Skin Caresmetics Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Dec21
Retained Earnings
Get a 7-Day Free Trial -1.79 -1.79 -1.79 -1.79 -3.38

Flowerkist Skin Caresmetics Quarterly Data
Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Jul16 Jul17 Jul18 Jul19 Jul20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 -3.38 -3.38 -3.40 -3.40 -3.42

Flowerkist Skin Caresmetics 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.


Flowerkist Skin Caresmetics  (OTCPK:FKST) 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.


Flowerkist Skin Caresmetics (Flowerkist Skin Caresmetics) Business Description

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Address
1117 State Street, Santa Barbara, CA, USA, 93101
Flowerkist Skin Care & Cosmetics Inc is involved in the Development and contract manufacturing of CBD (0% THC) infused skincare and cosmetics. Marketing and selling these products through various online and targeted channels including Medical SPAs.

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