GDET (GD Entertainment & Technology) Retained Earnings: $-8.46 Mil (As of Feb. 2006)


What is GD Entertainment & Technology Retained Earnings?

GD Entertainment & Technology GDET -99.00% Retained Earnings is $-8.46 Mil as of Feb. 2006.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. GD Entertainment & Technology's retained earnings for the quarter that ended in Feb. 2006 was $-8.46 Mil.

GD Entertainment & Technology's quarterly retained earnings declined from Aug. 2005 ($-8.17 Mil) to Nov. 2005 ($-8.18 Mil) and declined from Nov. 2005 ($-8.18 Mil) to Feb. 2006 ($-8.46 Mil).

GD Entertainment & Technology's annual retained earnings declined from May. 2001 ($-3.33 Mil) to May. 2004 ($-5.47 Mil) and declined from May. 2004 ($-5.47 Mil) to May. 2005 ($-7.78 Mil).

GD Entertainment & Technology  (OTCPK:GDET) 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.

GD Entertainment & Technology Retained Earnings Historical Data

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The historical data trend for GD Entertainment & Technology'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.

GD Entertainment & Technology Retained Earnings Chart

GD Entertainment & Technology Annual Data
Trend May01 May04 May05
Retained Earnings
-3.33 -5.47 -7.78

GD Entertainment & Technology Quarterly Data
May01 Aug01 Nov01 Feb02 May04 Aug04 Nov04 Feb05 May05 Aug05 Nov05 Feb06
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -7.03 -7.78 -8.17 -8.18 -8.46

GD Entertainment & Technology 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 $-8.46 Mil mean?
GD Entertainment & Technology (GDET) has a Retained Earnings of $-8.46 Mil as of Feb. 2006. Retained earnings is the amount of net income not issued to shareholders. View historical data on GD Entertainment & Technology and its competitors.
Is GD Entertainment & Technology's Retained Earnings too high?
GD Entertainment & Technology's current Retained Earnings is $-8.46 Mil.
How does GD Entertainment & Technology's Retained Earnings compare to competitors?
GD Entertainment & Technology's Retained Earnings of $-8.46 Mil can be compared against companies in the Personal 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 Personal Services company?
A good Retained Earnings depends on the Personal 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 GD Entertainment & Technology and its competitors. GD Entertainment & Technology's current Retained Earnings is $-8.46 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GD Entertainment & Technology stock overvalued right now?
GD Entertainment & Technology (GDET) has a current Retained Earnings of $-8.46 Mil. The current Retained Earnings is $-8.46 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 GD Entertainment & Technology (GDET), the current Retained Earnings is $-8.46 Mil as of Feb. 2006. 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.

GD Entertainment & Technology Business Description

Address 1 Bridge Plaza, 2nd Floor, Fort Lee, NJ, USA, 07024
GD Entertainment & Technology Inc focuses on high growth industries. The company currently has one operating subsidiary, DreamCard, a high-end metal card that personalizes debit and credit cards for a fee which allows users to create a customizable debit or credit card using its online platform. It also customizes Specialty Cards for Customer Loyalty and Affinity Networks. It simply takes an existing debit or credit card and transfers its data and chip into a new metal, 24karat or Stainless Steel card of the cardholders design and ships it to the holder. GDET markets to the business enterprises that promote commerce to members with a VIP card. Casinos and Affinity Networks form the base of company consumers.