FORZ (Forza Innovations) Retained Earnings: $-10.72 Mil (As of Dec. 2023)


What is Forza Innovations Retained Earnings?

Forza Innovations FORZ -99.00% Retained Earnings is $-10.72 Mil as of Dec. 2023.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Forza Innovations's retained earnings for the quarter that ended in Dec. 2023 was $-10.72 Mil.

Forza Innovations's quarterly retained earnings declined from Jun. 2023 ($-10.95 Mil) to Sep. 2023 ($-11.60 Mil) but then increased from Sep. 2023 ($-11.60 Mil) to Dec. 2023 ($-10.72 Mil).

Forza Innovations's annual retained earnings declined from Jun. 2021 ($-3.50 Mil) to Jun. 2022 ($-6.20 Mil) and declined from Jun. 2022 ($-6.20 Mil) to Jun. 2023 ($-10.95 Mil).


Forza Innovations  (OTCPK:FORZ) 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.


Forza Innovations Retained Earnings Historical Data

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The historical data trend for Forza Innovations'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.

Forza Innovations Retained Earnings Chart

Forza Innovations Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Retained Earnings
Get a 7-Day Free Trial -0.03 -0.35 -3.50 -6.20 -10.95

Forza Innovations Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -7.90 -8.98 -10.95 -11.60 -10.72

Forza Innovations 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 $-10.72 Mil mean?
Forza Innovations (FORZ) has a Retained Earnings of $-10.72 Mil as of Dec. 2023. Retained earnings is the amount of net income not issued to shareholders. View historical data on Forza Innovations and its competitors.
Is Forza Innovations' Retained Earnings too high?
Forza Innovations' current Retained Earnings is $-10.72 Mil.
How does Forza Innovations' Retained Earnings compare to USAQ and EMED?
Forza Innovations' Retained Earnings of $-10.72 Mil can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good Retained Earnings depends on the Medical Devices & Instruments 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 Forza Innovations and its competitors. Forza Innovations's current Retained Earnings is $-10.72 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forza Innovations stock overvalued right now?
Forza Innovations (FORZ) has a current Retained Earnings of $-10.72 Mil. The current Retained Earnings is $-10.72 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 Forza Innovations (FORZ), the current Retained Earnings is $-10.72 Mil as of Dec. 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.

Forza Innovations Business Description

Address 406 9th Avenue, Suite 210, San Diego, CA, USA, 92101
Forza Innovations Inc is in the health-tech wearable performance business. The company has acquired all the ownership and rights to certain late developmental-stage products, including the J4 Sport, J4 X, and J4 Fitbelt. These products are wearable back compression devices, used to relax, warm up, loosen, or relax stiff & sore muscles. The therapeutic application of heat causes a change in the temperature of the soft tissues which decreases joint stiffness and relieves inflammation.