GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Kalera PLC (OTCPK:KALRQ) » Definitions » Retained Earnings

KALRQ (Kalera) Retained Earnings : $-158.66 Mil (As of Sep. 2022)


View and export this data going back to 2022. Start your Free Trial

What is Kalera Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Kalera's retained earnings for the quarter that ended in Sep. 2022 was $-158.66 Mil.

Kalera's quarterly retained earnings declined from Dec. 2021 ($-62.61 Mil) to Jun. 2022 ($-157.58 Mil) and declined from Jun. 2022 ($-157.58 Mil) to Sep. 2022 ($-158.66 Mil).

Kalera's annual retained earnings increased from . 20 ($0.00 Mil) to Dec. 2020 ($-0.38 Mil) but then declined from Dec. 2020 ($-0.38 Mil) to Dec. 2021 ($-62.61 Mil).

Kalera Retained Earnings Historical Data

The historical data trend for Kalera'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.

* Premium members only.

Kalera Retained Earnings Chart

Kalera Annual Data
Trend Dec20 Dec21
Retained Earnings
-0.38 -62.61

Kalera Quarterly Data
Dec20 Jun21 Sep21 Dec21 Jun22 Sep22
Retained Earnings Get a 7-Day Free Trial - - -62.61 -157.58 -158.66

Kalera 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.

Kalera  (OTCPK:KALRQ) 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.

Kalera Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Kalera PLC (OTCPK:KALRQ) » Definitions » Retained Earnings
Comparable Companies
Traded in Other Exchanges
N/A
Address
10 Earlsfort Terrace, Dublin, IRL, D02 T380
Website
https://www.kalera.com
Kalera PLC is a vertical farming company. It produces fresh, nutritious, and excellent tasting leafy greens with minimal environmental impact. It has spent several years optimizing plant nutrient formulas and developing an advanced automation and data acquisition system with Internet of Things, cloud, big data analytics and artificial intelligence. Kalera currently operates farms in Orlando (Florida), Atlanta (Georgia), Houston (Texas), and Kuwait.
Executives
Jong Brent De director BOUNDARY HALL, CRICKET SQUARE, GRAND CAYMAN E9 KY1-1102
Andrea Weiss director 23 RAMRAPO COURT WEST, GLENROCK NJ 07452
Maria Sastre director C/O DARDEN RESTAURANTS, INC., 1000 DARDEN CENTER DRIVE, ORLANDO FL 32837
Curtis B Mcwilliams director 450 SOUTH ORANGE AVENUE, ORLANDO FL 32801
James Leighton director, officer: Chief Executive Officer 11408 NEWPORT BAY DRIVE, BERLIN MD 21811
Robert Arnall director KALERA PLC, 7455 EMERALD DUNES DR., ORLANDO FL 82322
Umur Hursever director KALERA PLC, 7455 EMERALD DUNES DR., ORLANDO FL 82322
Aric Nissen officer: Chief Marketing Officer KALERA PLC, 7455 EMERALD DUNES DR., ORLANDO FL 82322
Henner Schwarz officer: Chief Commercial Officer KALERA PLC, 7455 EMERALD DUNES DR., ORLANDO FL 82322
Cristian Toma director, officer: Chief Science Officer KALERA PLC, 7455 EMERALD DUNES DR., ORLANDO FL 82322
Austin Martin officer: Chief Operating Officer KALERA PLC, 7455 EMERALD DUNES DR., ORLANDO FL 82322
Fernando Cornejo officer: Chief Financial Officer KALERA PLC, 7455 EMERALD DUNES DR., ORLANDO FL 82322
Faisal Almeshal director KALERA PLC, 7455 EMERALD DUNES DR., ORLANDO FL 82322
Sonny Perdue director KALERA PLC, 7455 EMERALD DUNES DR., ORLANDO FL 82322
Jade Stinson officer: Chief Innovation Officer KALERA PLC, 7455 EMERALD DUNES DR., ORLANDO FL 82322