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The Healing Co (The Healing Co) Retained Earnings : $-34.38 Mil (As of Sep. 2023)


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What is The Healing Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. The Healing Co's retained earnings for the quarter that ended in Sep. 2023 was $-34.38 Mil.

The Healing Co's quarterly retained earnings declined from Mar. 2023 ($-21.06 Mil) to Jun. 2023 ($-29.90 Mil) and declined from Jun. 2023 ($-29.90 Mil) to Sep. 2023 ($-34.38 Mil).

The Healing Co's annual retained earnings declined from Jun. 2021 ($-0.33 Mil) to Jun. 2022 ($-8.59 Mil) and declined from Jun. 2022 ($-8.59 Mil) to Jun. 2023 ($-29.90 Mil).


The Healing Co Retained Earnings Historical Data

The historical data trend for The Healing Co'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.

* Premium members only.

The Healing Co Retained Earnings Chart

The Healing Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.19 -0.21 -0.33 -8.59 -29.90

The Healing Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -15.87 -18.90 -21.06 -29.90 -34.38

The Healing Co 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.


The Healing Co  (OTCPK:HLCO) 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.


The Healing Co (The Healing Co) Business Description

Traded in Other Exchanges
N/A
Address
135 W 50th Street, 2nd Floor, New York, NY, USA, 10020
The Healing Co Inc is a health and wellness company that has identified the need for a change to healthcare, where conventional medicine and alternative healing can both be drawn on to provide a world of integrated healing encompassing conventional medicine and alternative medicine. The company has three operating segments which are E-commerce sales of health and wellness products, Sales of memberships to our wellness app, and Support for our licensed wellness experiences.
Executives
Steven John Barr director P.O. BOX 789, MOUNT VERNON OH 43050
Ameeth Sankaran director 6404 PEMBERTON DRIVE, DALLAS TX 75230
Kay Koplovitz director KOPLOVITZ & CO. LLC, 145 CENTRAL PARK WEST, APT 24C, NEW YORK NY 10023
Anabel Oelmann director C/O HAUSPLUS, HOHENZOLLERNDAMM 125/126, BERLIN 2M 14199
Simon Belsham director, officer: CEO, President 1101 GRAND STREET, APT. 302, HOBOKEN NJ 07030
Justin Figgins officer: CFO 81 ENNERDALE ROAD, RICHMOND SURREY X0 TW9 2DN
Wanja Oberhof 10 percent owner LINIENSTRASSE 86, BERLIN 2M 10119
Demetri Argyropoulos 10 percent owner 5940 SOUTH RAINBOW BLVD, SUITE 400/PMB 32031, LAS VEGAS NV 89118
Steven Bartlett director 7 CHAPPEL LOFTS, 10 BELMONT STREET, LONDON X0 NW18HH
Jeffrey Taylor director, 10 percent owner, officer: President/Secretary/Treasurer 711 S. CARSON STREET, CARSON CITY NV 89701