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Innovest Global (Innovest Global) Retained Earnings : $-1.86 Mil (As of Jun. 2009)


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What is Innovest Global Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Innovest Global's retained earnings for the quarter that ended in Jun. 2009 was $-1.86 Mil.

Innovest Global's quarterly retained earnings declined from Dec. 2008 ($-1.18 Mil) to Mar. 2009 ($-1.66 Mil) and declined from Mar. 2009 ($-1.66 Mil) to Jun. 2009 ($-1.86 Mil).

Innovest Global's annual retained earnings declined from Dec. 2006 ($0.05 Mil) to Dec. 2007 ($-1.60 Mil) but then increased from Dec. 2007 ($-1.60 Mil) to Dec. 2008 ($-1.18 Mil).


Innovest Global Retained Earnings Historical Data

The historical data trend for Innovest Global'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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Innovest Global Retained Earnings Chart

Innovest Global Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08
Retained Earnings
Get a 7-Day Free Trial 0.09 0.02 0.05 -1.60 -1.18

Innovest Global Quarterly Data
Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09
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 -1.55 -1.47 -1.18 -1.66 -1.86

Innovest Global 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.


Innovest Global  (OTCPK:IVST) 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.


Innovest Global (Innovest Global) Business Description

Traded in Other Exchanges
N/A
Address
8834 Mayfield Road, Chesterland, OH, USA, 44026
Innovest Global Inc is a diversified Industrial company. It operates in six segments: Energy Solutions, which provides an all-in-one offering of procurement and efficiency solutions for commercial and industrial customers, including LED lighting and retrofits; Energy Brokerage segment provides competitive electricity and natural gas purchase programs for residential and commercial consumers; Call Center Services; Building Solutions segment designs, engineers, tests and assembles curtainwall systems or other building solutions used in large custom construction projects; Wholesale Purchasing, which acts as a national distributor of roofing, windows, fasteners, and associated tools and accessories; and Others segment.