HVCW (Harrison Vickers and Waterman) Retained Earnings: $-18.46 Mil (As of Jun. 2019)


What is Harrison Vickers and Waterman Retained Earnings?

Harrison Vickers and Waterman HVCW -99.00% Retained Earnings is $-18.46 Mil as of Jun. 2019.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Harrison Vickers and Waterman's retained earnings for the quarter that ended in Jun. 2019 was $-18.46 Mil.

Harrison Vickers and Waterman's quarterly retained earnings declined from Jun. 2015 ($-4.16 Mil) to Jun. 2016 ($-24.25 Mil) but then increased from Jun. 2016 ($-24.25 Mil) to Jun. 2019 ($-18.46 Mil).

Harrison Vickers and Waterman's annual retained earnings declined from Jun. 2015 ($-4.16 Mil) to Jun. 2016 ($-24.25 Mil) but then increased from Jun. 2016 ($-24.25 Mil) to Jun. 2019 ($-18.46 Mil).

Harrison Vickers and Waterman  (OTCPK:HVCW) 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.

Harrison Vickers and Waterman Retained Earnings Historical Data

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The historical data trend for Harrison Vickers and Waterman'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.

Harrison Vickers and Waterman Retained Earnings Chart

Harrison Vickers and Waterman Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun19
Retained Earnings
-0.04 -0.61 -4.16 -24.25 -18.46

Harrison Vickers and Waterman Semi-Annual Data
Jun13 Jun14 Jun15 Jun16 Jun19
Retained Earnings -0.04 -0.61 -4.16 -24.25 -18.46

Harrison Vickers and Waterman 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 $-18.46 Mil mean?
Harrison Vickers and Waterman (HVCW) has a Retained Earnings of $-18.46 Mil as of Jun. 2019. Retained earnings is the amount of net income not issued to shareholders. View historical data on Harrison Vickers and Waterman and its competitors.
Is Harrison Vickers and Waterman's Retained Earnings too high?
Harrison Vickers and Waterman's current Retained Earnings is $-18.46 Mil.
How does Harrison Vickers and Waterman's Retained Earnings compare to IOUFF and GRVFF?
Harrison Vickers and Waterman's Retained Earnings of $-18.46 Mil can be compared against companies in the Beverages - Alcoholic 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 Beverages - Alcoholic company?
A good Retained Earnings depends on the Beverages - Alcoholic 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 Harrison Vickers and Waterman and its competitors. Harrison Vickers and Waterman's current Retained Earnings is $-18.46 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harrison Vickers and Waterman stock overvalued right now?
Harrison Vickers and Waterman (HVCW) has a current Retained Earnings of $-18.46 Mil. The current Retained Earnings is $-18.46 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 Harrison Vickers and Waterman (HVCW), the current Retained Earnings is $-18.46 Mil as of Jun. 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.

Harrison Vickers and Waterman Business Description

Address 5781 Schaefer Avenue, Suite C, Chino, CA, USA, 91710
Harrison Vickers and Waterman Inc is a shell company.