FLXT (Flexpoint Sensor Systems) Retained Earnings: $-32.09 Mil (As of Sep. 2024)

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What is Flexpoint Sensor Systems Retained Earnings?

Flexpoint Sensor Systems FLXT Retained Earnings is $-32.09 Mil as of Sep. 2024.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Flexpoint Sensor Systems's retained earnings for the quarter that ended in Sep. 2024 was $-32.09 Mil.

Flexpoint Sensor Systems's quarterly retained earnings declined from Mar. 2024 ($-31.85 Mil) to Jun. 2024 ($-31.97 Mil) and declined from Jun. 2024 ($-31.97 Mil) to Sep. 2024 ($-32.09 Mil).

Flexpoint Sensor Systems's annual retained earnings declined from Dec. 2021 ($-30.08 Mil) to Dec. 2022 ($-30.89 Mil) and declined from Dec. 2022 ($-30.89 Mil) to Dec. 2023 ($-31.67 Mil).


Flexpoint Sensor Systems  (OTCPK:FLXT) 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.


Flexpoint Sensor Systems Retained Earnings Historical Data

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The historical data trend for Flexpoint Sensor Systems'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.

Flexpoint Sensor Systems Retained Earnings Chart

Flexpoint Sensor Systems Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -28.79 -29.40 -30.08 -30.89 -31.67

Flexpoint Sensor Systems Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -31.51 -31.67 -31.85 -31.97 -32.09

Flexpoint Sensor Systems 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 $-32.09 Mil mean?
Flexpoint Sensor Systems (FLXT) has a Retained Earnings of $-32.09 Mil as of Sep. 2024. Retained earnings is the amount of net income not issued to shareholders. View historical data on Flexpoint Sensor Systems and its competitors.
Is Flexpoint Sensor Systems' Retained Earnings too high?
Flexpoint Sensor Systems' current Retained Earnings is $-32.09 Mil.
How does Flexpoint Sensor Systems' Retained Earnings compare to AKTSQ and ELST?
Flexpoint Sensor Systems' Retained Earnings of $-32.09 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Retained Earnings depends on the Hardware 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 Flexpoint Sensor Systems and its competitors. Flexpoint Sensor Systems's current Retained Earnings is $-32.09 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flexpoint Sensor Systems stock overvalued right now?
Flexpoint Sensor Systems (FLXT) has a current Retained Earnings of $-32.09 Mil. The current Retained Earnings is $-32.09 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 Flexpoint Sensor Systems (FLXT), the current Retained Earnings is $-32.09 Mil as of Sep. 2024. 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.

Flexpoint Sensor Systems Business Description

Address 5718 W Dannon Way, Suite B, West Jordan, UT, USA, 84081
Flexpoint Sensor Systems Inc designs, manufactures, and markets flexible Bend Sensor technology. The Bend Sensor is used for myriad applications, spanning multiple markets such as automotive and transportation, wearables, medical, industrial controls, consumer products, and toys/gaming. Its products include Bend Sensor and USB Bend Sensor Kit.