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Integrated Cannabis Solutions (Integrated Cannabis Solutions) Retained Earnings : $-4.15 Mil (As of Sep. 2022)


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What is Integrated Cannabis Solutions Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Integrated Cannabis Solutions's retained earnings for the quarter that ended in Sep. 2022 was $-4.15 Mil.

Integrated Cannabis Solutions's quarterly retained earnings declined from Mar. 2022 ($-3.93 Mil) to Jun. 2022 ($-4.03 Mil) and declined from Jun. 2022 ($-4.03 Mil) to Sep. 2022 ($-4.15 Mil).

Integrated Cannabis Solutions's annual retained earnings increased from . 20 ($0.00 Mil) to Dec. 2020 ($-3.46 Mil) but then declined from Dec. 2020 ($-3.46 Mil) to Dec. 2021 ($-3.83 Mil).


Integrated Cannabis Solutions Retained Earnings Historical Data

The historical data trend for Integrated Cannabis Solutions'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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Integrated Cannabis Solutions Retained Earnings Chart

Integrated Cannabis Solutions Annual Data
Trend Dec20 Dec21
Retained Earnings
-3.46 -3.83

Integrated Cannabis Solutions Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.75 -3.83 -3.93 -4.03 -4.15

Integrated Cannabis Solutions 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.


Integrated Cannabis Solutions  (OTCPK:IGPK) 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.


Integrated Cannabis Solutions (Integrated Cannabis Solutions) Business Description

Traded in Other Exchanges
N/A
Address
1300 N. Florida Mango Road, Site 30, West Palm Beach, FL, USA, 33409
Integrated Cannabis Solutions Inc is a developmental stage company actively engaged in evaluating investment opportunities for early-stage ventures at the crossroads of the rapidly growing fintech and medical/recreational marijuana industries.
Executives
Eugene Caiazzo director, officer: CEO, President 1300 N FLORIDA MANGO RD., STE. 30, WEST PALM BEACH FL 33409