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Gulf West Security Network (Gulf West Security Network) Retained Earnings : $-3.51 Mil (As of Sep. 2022)


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What is Gulf West Security Network Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Gulf West Security Network's retained earnings for the quarter that ended in Sep. 2022 was $-3.51 Mil.

Gulf West Security Network's quarterly retained earnings declined from Mar. 2022 ($-3.35 Mil) to Jun. 2022 ($-3.44 Mil) and declined from Jun. 2022 ($-3.44 Mil) to Sep. 2022 ($-3.51 Mil).

Gulf West Security Network's annual retained earnings declined from Dec. 2019 ($-2.29 Mil) to Dec. 2020 ($-3.08 Mil) and declined from Dec. 2020 ($-3.08 Mil) to Dec. 2021 ($-3.37 Mil).


Gulf West Security Network Retained Earnings Historical Data

The historical data trend for Gulf West Security Network'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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Gulf West Security Network Retained Earnings Chart

Gulf West Security Network Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Dec18 Dec19 Dec20 Dec21
Retained Earnings
Get a 7-Day Free Trial -6.61 -1.51 -2.29 -3.08 -3.37

Gulf West Security Network Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 -3.41 -3.37 -3.35 -3.44 -3.51

Gulf West Security Network 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.


Gulf West Security Network  (OTCPK:GWSN) 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.


Gulf West Security Network (Gulf West Security Network) Business Description

Traded in Other Exchanges
N/A
Address
2851 Johnson Street, Unit No. 194, Lafayette, LA, USA, 70503
Gulf West Security Network Inc is involved in providing residential and commercial electronic security, home automation, and systems integration services on both a retail and wholesale basis. The group is engaged in the sale, installation, servicing, and monitoring of electronic systems in the United States.
Executives
Sean Clarke director, officer: CFO 225 AVENIDA MONTEREY, UNIT D, SAN CLEMENTE CA 92672
Fred G Luke officer: President 2618 SAN MIGUAL, STE 203, NEWPORT BEACH CA 92660
Derek C Cahill 10 percent owner 555 N EL CAMINO REAL, S133, SAN CLEMENTE CA 92672

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