Halberd (Halberd) Retained Earnings : $-6.90 Mil (As of Jul. 2023)

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What is Halberd Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Halberd's retained earnings for the quarter that ended in Jul. 2023 was $-6.90 Mil.

Halberd's quarterly retained earnings declined from Jul. 2008 ($-0.04 Mil) to Jul. 2022 ($-6.45 Mil) and declined from Jul. 2022 ($-6.45 Mil) to Jul. 2023 ($-6.90 Mil).

Halberd's annual retained earnings declined from Jul. 2008 ($-0.04 Mil) to Jul. 2022 ($-6.45 Mil) and declined from Jul. 2022 ($-6.45 Mil) to Jul. 2023 ($-6.90 Mil).

Halberd Retained Earnings Historical Data

The historical data trend for Halberd'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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Halberd Retained Earnings Chart

Halberd Annual Data

Trend

Jul08

Jul22

Jul23

Retained Earnings

-0.04

-6.45

-6.90

Halberd Semi-Annual Data
	Jul08	Jul22	Jul23
Retained Earnings	-0.04	-6.45	-6.90

Halberd 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.

Halberd (OTCPK:HALB) 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.

Halberd (Halberd) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Halberd Corp (OTCPK:HALB) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

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Address

P.O. Box 25, Jackson Center, PA, USA, 16133

Website

https://www.halberdcorporation.com

Halberd Corp is a research-based biotechnology company seeking to discover and develop medical treatments for a range of diseases. The Company's extracorporeal treatment is designed to treat hard-to-cure blood-borne, neurologic and infectious diseases. The Company's patented methodology removes the appropriate bodily fluid from the patient, in a continuous fashion, like dialysis, or in a batch process, like blood sample testing.

Executives

John Christopher Maddox	director, 10 percent owner, officer: President, COO, Treasurer and, other: Interim CFO	10755 VERNON, HUNTINGTON WOODS MI 48070
Mark Sven Lundquist	director, 10 percent owner, officer: CEO, Secretary and Director	24655 TUDOR LANE, FRANKLIN MI 48025
Cocco Nicholas A. Jr.	director	50104 N. JIMMY COURT, CHESTERFIELD MI 48047-1898
Leland Michael Thomas	director	280 LASALLE PLACE, GROSSE POINTE FARMS MI 88236