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HNO International (HNO International) Retained Earnings : $-42.13 Mil (As of Jan. 2024)


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What is HNO International Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. HNO International's retained earnings for the quarter that ended in Jan. 2024 was $-42.13 Mil.

HNO International's quarterly retained earnings declined from Jul. 2023 ($-41.13 Mil) to Oct. 2023 ($-41.61 Mil) and declined from Oct. 2023 ($-41.61 Mil) to Jan. 2024 ($-42.13 Mil).

HNO International's annual retained earnings declined from Oct. 2010 ($-39.82 Mil) to Oct. 2022 ($-40.17 Mil) and declined from Oct. 2022 ($-40.17 Mil) to Oct. 2023 ($-41.61 Mil).


HNO International Retained Earnings Historical Data

The historical data trend for HNO International'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.

HNO International Retained Earnings Chart

HNO International Annual Data
Trend Oct06 Oct07 Oct08 Oct09 Oct10 Oct22 Oct23
Retained Earnings
Get a 7-Day Free Trial -3.89 -4.96 -39.82 -40.17 -41.61

HNO International Quarterly Data
Apr08 Jul08 Oct08 Jan09 Apr09 Jul09 Oct09 Jan10 Apr10 Jul10 Oct10 Jan11 Apr11 Jul11 Jul22 Oct22 Jan23 Jul23 Oct23 Jan24
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 -40.17 - -41.13 -41.61 -42.13

HNO International 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.


HNO International  (OTCPK:HNOI) 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.


HNO International (HNO International) Business Description

Traded in Other Exchanges
N/A
Address
41558 Eastman Drive, Suite B, Murrieta, CA, USA, 92562
HNO International Inc is engaged in providing custom engineering and innovative green hydrogen technologies to help the world transition from fossil fuels to clean energy. The Company focuses on systems engineering design, integration, and product development for the generation of green hydrogen-based solutions to help businesses and communities decarbonize in the near term.
Executives
Hossein Haririnia director, officer: Treasurer 41558 EASTMAN DRIVE, SUITE B, MURRIETA CA 92562
Paul H Mueller officer: President, CEO and Secretary 41558 EASTMAN DRIVE, SUITE B, MURRIETA CA 92562
Donald W Owens director, 10 percent owner 42309 WINCHESTER ROAD, SUITE E, TEMECULA CA 92590
William E Parker director 3220 ALABAMA AVENUE SE, WASHINGTON DC 20020
Thomas Gelfand director, 10 percent owner, officer: PRES, CEO, TRES, CFO, SECR 5050 KINGSWAY,, BURNABY, BC A1 V5H 4H2

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