JOEY (Joey New York) Retained Earnings: $-4.14 Mil (As of May. 2017)


What is Joey New York Retained Earnings?

Joey New York JOEY Retained Earnings is $-4.14 Mil as of May. 2017.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Joey New York's retained earnings for the quarter that ended in May. 2017 was $-4.14 Mil.

Joey New York's quarterly retained earnings declined from Nov. 2016 ($-1.88 Mil) to Feb. 2017 ($-2.23 Mil) and declined from Feb. 2017 ($-2.23 Mil) to May. 2017 ($-4.14 Mil).

Joey New York's annual retained earnings declined from Feb. 2015 ($-1.08 Mil) to Feb. 2016 ($-1.40 Mil) and declined from Feb. 2016 ($-1.40 Mil) to Feb. 2017 ($-2.23 Mil).

Joey New York  (OTCPK:JOEY) 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.

Joey New York Retained Earnings Historical Data

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The historical data trend for Joey New York'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.

Joey New York Retained Earnings Chart

Joey New York Annual Data
Trend Feb12 Feb13 Feb14 Feb15 Feb16 Feb17
Retained Earnings
Get a 7-Day Free Trial -0.02 -0.05 -1.08 -1.40 -2.23

Joey New York Quarterly Data
Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17
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 -1.49 -1.67 -1.88 -2.23 -4.14

Joey New York 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 $-4.14 Mil mean?
Joey New York (JOEY) has a Retained Earnings of $-4.14 Mil as of May. 2017. Retained earnings is the amount of net income not issued to shareholders. View historical data on Joey New York and its competitors.
Is Joey New York's Retained Earnings too high?
Joey New York's current Retained Earnings is $-4.14 Mil.
How does Joey New York's Retained Earnings compare to DEVV and SKVI?
Joey New York's Retained Earnings of $-4.14 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Retained Earnings depends on the Consumer Packaged Goods 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 Joey New York and its competitors. Joey New York's current Retained Earnings is $-4.14 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Joey New York stock overvalued right now?
Joey New York (JOEY) has a current Retained Earnings of $-4.14 Mil. The current Retained Earnings is $-4.14 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 Joey New York (JOEY), the current Retained Earnings is $-4.14 Mil as of May. 2017. 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.

Joey New York Business Description

Address 16001 Collins Avenue Number 3202, Trump Tower I, Sunny Isles Beach, FL, USA, 33160
Joey New York Inc through its wholly-owned subsidiary distributes natural skincare and beauty products on wholesale and retail levels. It offers skincare treatments and beauty enhancements that are health conscious, effective and affordable under the Joey New York brand name. Geographically, it operates through the United States and its business is amplifying internationally due to the Increasing demand for organic and natural cosmetic products.