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Global Arena Holding (Global Arena Holding) Retained Earnings : $-32.30 Mil (As of Sep. 2023)


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What is Global Arena Holding Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Global Arena Holding's retained earnings for the quarter that ended in Sep. 2023 was $-32.30 Mil.

Global Arena Holding's quarterly retained earnings declined from Mar. 2023 ($-31.83 Mil) to Jun. 2023 ($-32.13 Mil) and declined from Jun. 2023 ($-32.13 Mil) to Sep. 2023 ($-32.30 Mil).

Global Arena Holding's annual retained earnings declined from Dec. 2020 ($-28.69 Mil) to Dec. 2021 ($-29.60 Mil) and declined from Dec. 2021 ($-29.60 Mil) to Dec. 2022 ($-31.31 Mil).


Global Arena Holding Retained Earnings Historical Data

The historical data trend for Global Arena Holding'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.

* Premium members only.

Global Arena Holding Retained Earnings Chart

Global Arena Holding Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -25.02 -26.96 -28.69 -29.60 -31.31

Global Arena Holding Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -30.68 -31.31 -31.83 -32.13 -32.30

Global Arena Holding 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.


Global Arena Holding  (OTCPK:GAHC) 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.


Global Arena Holding (Global Arena Holding) Business Description

Traded in Other Exchanges
N/A
Address
208 East 51 Street, Suite 112, New York, NY, USA, 10022
Global Arena Holding Inc is a United States-based holding company that operates through its three subsidiary companies; GES provides comprehensive technology-enabled paper Absentee/Mail Ballot and Online election services to organizations such as craft and trade organizations, labor unions, political parties, universities, and political organizations, Tidewater Energy Group Inc explores opportunities in the oil, gas, mineral, and energy business, and GAHI Acquisition explores opportunities in the energy and minerals business, which may provide investment opportunities, including the possibility of providing blockchain technology software to energy and mineral companies.
Executives
Anthony Jr. Crisci officer: Chief Financial Officer 39 RUSSET ROAD, SANDY HOOK CT 06482
Robert M Pickus 10 percent owner C/O TRUMP TAJ MAHAL, 1000 BROADWAY, NEW YORK NY 10022
Gca Ventures, Llc 10 percent owner 420 LEXINGTON AVE, SUITE 1718, NEW YORK NY 10170
Daniel D Rubino 10 percent owner C/O GCA VENTURES, 420 LEXINGTON AVENUE, SUITE 1718, NEW YORK NY 10170
George C Dolatly 10 percent owner C/O GCA VENTURES, 420 LEXINGTON AVENUE, SUITE 1718, NEW YORK NY 10170
Pelham Dr Llc 10 percent owner C/O GCA VENTURES, 420 LEXINGTON AVENUE, SUITE 1718, NEW YORK NY 10170
Brian Zucker director, officer: Secretary 31 CHAGALL ROAD, MARLBORO NJ 07746
Chenghui Wei director, 10 percent owner, officer: Chairman QIAOTOUHU, CHENGUAN TOWN, NINGHAI CITY, ZHEJIANG F4 315611
Ray Grimm director 3246 GREY HAWK COURT, CARLSBAD CA 92010
Gerald W Montiel officer: Chairman, CEO, & President 1414 S TROMONT ST, OCEANSIDE CA 92054
Sandra L Evans officer: VP Distribution & Secretary 1414 S TROMONT ST, OCEANSIDE CA 92054
James R Smith director 1414 S TROMONT ST, OCEANSIDE CA 92054
Eric M Montiel officer: Vice President-Sales 1405 SOUTH COAST HIGHWAY, OCEANSIDE CA 92054
Todd W Schmidt officer: Chief Financial Officer
Julia Sargent Knudson officer: President & COO 1414 S TROMONT ST, OCEANSIDE CA 92054

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