HLTY (Precheck Health Service) Retained Earnings: $-11.23 Mil (As of Sep. 2019)


What is Precheck Health Service Retained Earnings?

Precheck Health Service HLTY Retained Earnings is $-11.23 Mil as of Sep. 2019.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Precheck Health Service's retained earnings for the quarter that ended in Sep. 2019 was $-11.23 Mil.

Precheck Health Service's quarterly retained earnings declined from Mar. 2019 ($-10.12 Mil) to Jun. 2019 ($-11.08 Mil) and declined from Jun. 2019 ($-11.08 Mil) to Sep. 2019 ($-11.23 Mil).

Precheck Health Service's annual retained earnings declined from Dec. 2016 ($-0.42 Mil) to Dec. 2017 ($-1.92 Mil) and declined from Dec. 2017 ($-1.92 Mil) to Dec. 2018 ($-9.85 Mil).


Precheck Health Service  (GREY:HLTY) 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.


Precheck Health Service Retained Earnings Historical Data

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The historical data trend for Precheck Health Service'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.

Precheck Health Service Retained Earnings Chart

Precheck Health Service Annual Data
Trend Dec15 Dec16 Dec17 Dec18
Retained Earnings
-0.14 -0.42 -1.92 -9.85

Precheck Health Service Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 -2.99 -9.85 -10.12 -11.08 -11.23

Precheck Health Service 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.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of $-11.23 Mil mean?
Precheck Health Service (HLTY) has a Retained Earnings of $-11.23 Mil as of Sep. 2019. Retained earnings is the amount of net income not issued to shareholders. View historical data on Precheck Health Service and its competitors.
Is Precheck Health Service's Retained Earnings too high?
Precheck Health Service's current Retained Earnings is $-11.23 Mil.
How does Precheck Health Service's Retained Earnings compare to AEMD and ABMT?
Precheck Health Service's Retained Earnings of $-11.23 Mil can be compared against companies in the Medical Devices & Instruments industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Medical Devices & Instruments company?
A good Retained Earnings depends on the Medical Devices & Instruments industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Precheck Health Service and its competitors. Precheck Health Service's current Retained Earnings is $-11.23 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Precheck Health Service stock overvalued right now?
Precheck Health Service (HLTY) has a current Retained Earnings of $-11.23 Mil. The current Retained Earnings is $-11.23 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Precheck Health Service (HLTY), the current Retained Earnings is $-11.23 Mil as of Sep. 2019. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Precheck Health Service Business Description

Address 305 West Woodard Street, Suite 221, Denison, TX, USA, 75020
Precheck Health Service Inc operates in the distribution of medical screening device. The PC8B medical device helps in guiding the patient's health.