Jetblack (Jetblack) Retained Earnings : $-0.37 Mil (As of Jun. 2017)

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What is Jetblack Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Jetblack's retained earnings for the quarter that ended in Jun. 2017 was $-0.37 Mil.

Jetblack's quarterly retained earnings declined from Dec. 2016 ($-0.28 Mil) to Mar. 2017 ($-0.30 Mil) and declined from Mar. 2017 ($-0.30 Mil) to Jun. 2017 ($-0.37 Mil).

Jetblack's annual retained earnings stayed the same from Dec. 2014 ($0.00 Mil) to Dec. 2015 ($0.00 Mil) but then declined from Dec. 2015 ($0.00 Mil) to Dec. 2016 ($-0.28 Mil).

Jetblack Retained Earnings Historical Data

The historical data trend for Jetblack'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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Jetblack Retained Earnings Chart

Jetblack Annual Data

Trend

Aug07

Aug08

Aug09

Aug10

Aug11

Aug12

Aug13

Dec14

Dec15

Dec16

Retained Earnings

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-0.18

-0.21

-0.28

Jetblack Quarterly Data
	Aug11	Nov11	Feb12	May12	Aug12	Nov12	Feb13	May13	Aug13	Nov13	Feb14	May14	Dec14	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17
Retained Earnings	Get a 7-Day Free Trial															-0.26	-0.26	-0.28	-0.30	-0.37

Jetblack 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.

Jetblack (OTCPK:JTBK) 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.

Jetblack (Jetblack) Business Description

Industry

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Address

304 S. Jones Boulevard, Suite 5058, Las Vegas, NV, USA, 89107

Website

https://www.jetblackcorp.com

Jetblack Corp has initiated investments in Metaverse space, which is an investment into metaverse platforms and technologies. The company's current holdings include MANA (Decentraland) and SAND (SandBox) tokens. The Company plans to continue investing into Metaverse tokens over time, as opportunities are identified.