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Independent Film Development (Independent Film Development) Retained Earnings : $-12.93 Mil (As of Jun. 2016)


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What is Independent Film Development Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Independent Film Development's retained earnings for the quarter that ended in Jun. 2016 was $-12.93 Mil.

Independent Film Development's quarterly retained earnings declined from Dec. 2015 ($-12.11 Mil) to Mar. 2016 ($-12.48 Mil) and declined from Mar. 2016 ($-12.48 Mil) to Jun. 2016 ($-12.93 Mil).

Independent Film Development's annual retained earnings increased from Sep. 2013 ($-7.38 Mil) to Sep. 2014 ($-6.85 Mil) but then declined from Sep. 2014 ($-6.85 Mil) to Sep. 2015 ($-12.05 Mil).


Independent Film Development Retained Earnings Historical Data

The historical data trend for Independent Film Development'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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Independent Film Development Retained Earnings Chart

Independent Film Development Annual Data
Trend Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15
Retained Earnings
Get a 7-Day Free Trial Premium Member Only -3.96 -5.84 -7.38 -6.85 -12.05

Independent Film Development Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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 -10.40 -12.05 -12.11 -12.48 -12.93

Independent Film Development 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.


Independent Film Development  (OTCPK:IFLM) 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.


Independent Film Development (Independent Film Development) Business Description

Traded in Other Exchanges
N/A
Address
2732 Morse Avenue, Suite 413, Irvine, CA, USA, 92614
Independent Film Development Corp has its business spread through three domains. It holds interests in C2C Restaurant Group, Inc. (C2C), a restaurant holding company. The company focuses on the development of content creation/distribution projects, both in the form of original theatrical material, as well as related and/or derivative programming related to the operations of C2C. The firm also intends to acquire real estate assets.
Executives
Rachel Boulds Cpa, Pllc officer: CFO 6371 S. GLENOAKS STREET, MURRAY UT 84107

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