GME Innotainment (GME Innotainment) Retained Earnings : $-10.06 Mil (As of Sep. 2015)

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What is GME Innotainment Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. GME Innotainment's retained earnings for the quarter that ended in Sep. 2015 was $-10.06 Mil.

GME Innotainment's quarterly retained earnings increased from Mar. 2015 ($-10.12 Mil) to Jun. 2015 ($-10.11 Mil) and increased from Jun. 2015 ($-10.11 Mil) to Sep. 2015 ($-10.06 Mil).

GME Innotainment's annual retained earnings declined from Dec. 2012 ($-8.46 Mil) to Dec. 2013 ($-9.39 Mil) and declined from Dec. 2013 ($-9.39 Mil) to Dec. 2014 ($-10.14 Mil).

GME Innotainment Retained Earnings Historical Data

The historical data trend for GME Innotainment'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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GME Innotainment Retained Earnings Chart

GME Innotainment Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Retained Earnings

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-7.77

-7.92

-8.46

-9.39

-10.14

GME Innotainment Quarterly Data
	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15
Retained Earnings	Get a 7-Day Free Trial															-9.48	-10.14	-10.12	-10.11	-10.06

GME Innotainment 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.

GME Innotainment (OTCPK:GMEV) 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.

GME Innotainment (GME Innotainment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » GME Innotainment Inc (OTCPK:GMEV) » Definitions » Retained Earnings

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Address

208 East 51st Street, Suite 170, New York, NY, USA, 10022

Website

https://www.srcorpgroup.com

GME Innotainment Inc is engaged in marketing, selling, and maintaining a patented water purification and filtration system. The company's target markets include agriculture, aquaculture, disaster response and relief, emergency preparedness, laundry services, energy, food and beverage, healthcare, industrial, marine, mining municipal and government, non-government organizations, correctional facilities, hotels and resorts, institutions of higher learning, public and private water authorities.