GRAM (Gold Flora) Retained Earnings : $-167.1 Mil (As of Sep. 2024)

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What is Gold Flora Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Gold Flora's retained earnings for the quarter that ended in Sep. 2024 was $-167.1 Mil.

Gold Flora's quarterly retained earnings declined from Mar. 2024 ($-124.5 Mil) to Jun. 2024 ($-148.3 Mil) and declined from Jun. 2024 ($-148.3 Mil) to Sep. 2024 ($-167.1 Mil).

Gold Flora's annual retained earnings increased from . 20 ($0.0 Mil) to Dec. 2022 ($-67.4 Mil) but then declined from Dec. 2022 ($-67.4 Mil) to Dec. 2023 ($-110.8 Mil).

Gold Flora Retained Earnings Historical Data

The historical data trend for Gold Flora'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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Gold Flora Retained Earnings Chart

Gold Flora Annual Data

Trend

Dec22

Dec23

Retained Earnings

-67.39

-110.83

Gold Flora Quarterly Data
	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Retained Earnings	Get a 7-Day Free Trial				-68.66	-110.83	-124.47	-148.30	-167.13

Gold Flora 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.

Gold Flora (OTCPK:GRAM) 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.

Gold Flora Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Gold Flora Corp (OTCPK:GRAM) » Definitions » Retained Earnings

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Traded in Other Exchanges

V96:Germany GRAM:Canada

Address

3165 Red Hill Avenue, Costa Mesa, CA, USA, 92626

Website

https://www.goldflora.com

Gold Flora Corp is one of the few cannabis brands that is vertically integrated and woman-owned and operated. Gold Flora started with a mission to provide an easy and consistent way for consumers to enjoy cannabis. After years of hard work and a shared passion for the plant, Gold Flora has become a California powerhouse - with cultivation, manufacturing, extraction, distribution, retail, and a portfolio of brands that create an array of superior products that make a difference in people's lives. Its products include disposable vape pens and gold flora flowers.