Glori Energy (Glori Energy) Retained Earnings : $-113.35 Mil (As of Dec. 2016)

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What is Glori Energy Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Glori Energy's retained earnings for the quarter that ended in Dec. 2016 was $-113.35 Mil.

Glori Energy's quarterly retained earnings declined from Jun. 2016 ($-107.07 Mil) to Sep. 2016 ($-109.55 Mil) and declined from Sep. 2016 ($-109.55 Mil) to Dec. 2016 ($-113.35 Mil).

Glori Energy's annual retained earnings declined from Mar. 2014 ($0.00 Mil) to Dec. 2015 ($-100.43 Mil) and declined from Dec. 2015 ($-100.43 Mil) to Dec. 2016 ($-113.35 Mil).

Glori Energy Retained Earnings Historical Data

The historical data trend for Glori Energy'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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Glori Energy Retained Earnings Chart

Glori Energy Annual Data

Trend

Mar12

Mar13

Mar14

Dec15

Dec16

Retained Earnings

-0.03

-100.43

-113.35

Glori Energy Quarterly Data
	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16
Retained Earnings	Get a 7-Day Free Trial															-100.43	-103.83	-107.07	-109.55	-113.35

Glori Energy 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.

Glori Energy (OTCPK:GLRI) 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.

Glori Energy (Glori Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Glori Energy Inc (OTCPK:GLRI) » Definitions » Retained Earnings

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Traded in Other Exchanges

N/A

Address

4315 South Drive, Houston, TX, USA, 77053

Website

http://www.glorienergy.com

Glori Energy Inc is a development stage company.

Executives

Eric C Neuman	director	100 CRESCENT COURT, SUITE 1200, DALLAS TX 75201
Ganesh Kishore	director	11966 SACKSTON RIDGE DR, CREECE COCUR MO 63191
John U Clarke	director	PENN VIRGINIA CORPORATION, FOUR RADNOR CORPORATE CENTER, STE 200, RADNOR PA 19087
James C. Musselman	director	4315 SOUTH DRIVE, HOUSTON TX 77053
Jonathan Fleming	10 percent owner	222 BERKELEY STREET, BOSTON MA 02116
Thomas O Hicks	director	2200 ROSS AVENUE, SUITE 4600 W, DALLAS TX 75201
Michael Schulhof	director

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