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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Global Crossing Airlines Group's retained earnings for the quarter that ended in Mar. 2026 was C$-97.3 Mil.
Global Crossing Airlines Group's quarterly retained earnings
declined
from Sep. 2025 (C$-99.3 Mil) to Dec. 2025 (C$-101.6 Mil) but then
increased
from Dec. 2025 (C$-101.6 Mil) to Mar. 2026 (C$-97.3 Mil).
Global Crossing Airlines Group's annual retained earnings
declined
from Dec. 2023 (C$-79.3 Mil) to Dec. 2024 (C$-100.5 Mil) and
declined
from Dec. 2024 (C$-100.5 Mil) to Dec. 2025 (C$-101.6 Mil).
Global Crossing Airlines Group (LTS:0UNE) 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.
Global Crossing Airlines Group Retained Earnings Historical Data
* 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.
Global Crossing Airlines Group Retained Earnings Chart
Global Crossing Airlines Group 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.
What does a Retained Earnings of C$-97.3 Mil mean?
Global Crossing Airlines Group (LTS:0UNE) has a Retained Earnings of C$-97.3 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Global Crossing Airlines Group and its competitors.
Is Global Crossing Airlines Group's Retained Earnings too high?
Global Crossing Airlines Group's current Retained Earnings is C$-97.3 Mil. Overall, Global Crossing Airlines Group has a GF Score™ of 52/100, reflecting its overall financial health beyond just this single metric.
How does Global Crossing Airlines Group's Retained Earnings compare to DAL and UAL?
Global Crossing Airlines Group's Retained Earnings of C$-97.3 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Transportation company?
A good Retained Earnings depends on the Transportation industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Global Crossing Airlines Group and its competitors. Global Crossing Airlines Group's current Retained Earnings is C$-97.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Crossing Airlines Group stock overvalued right now?
Global Crossing Airlines Group (LTS:0UNE) has a current Retained Earnings of C$-97.3 Mil. The stock's GF Value™ is C$5.10, compared to a current price of C$4.00 — trading 21.6% below its estimated fair value. The current Retained Earnings is C$-97.3 Mil. Global Crossing Airlines Group's overall GF Score™ is 52/100 with 4 warning signs to review. 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 Global Crossing Airlines Group (LTS:0UNE), the current Retained Earnings is C$-97.3 Mil as of Mar. 2026. 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.
Is Global Crossing Airlines Group (LTS:0UNE) Overvalued in 2026?
Based on GuruFocus' analysis, Global Crossing Airlines Group stock appears to be undervalued.
The current stock price of C$4.00 is trading 21.6% below its estimated GF Value™ of C$5.10.
Key valuation signals for LTS:0UNE:
Retained Earnings: C$-97.3 Mil
GF Value™: C$5.10 vs. price of C$4.00 (21.6% below fair value)
No single metric tells the full story. See the LTS:0UNE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Global Crossing Airlines Group Business Description
Global Crossing Airlines Group Inc operates a U.S. Part 121 domestic flag and supplemental airline using the Airbus A320 family of aircraft (A320). Its business model is to provide services on an Aircraft, Crew, Maintenance and Insurance (ACMI) using wet lease contracts to airlines and non-airlines, and on a Full Service (Charter) basis whereby it provides passenger aircraft charter services to customers by charging an all-in fee that includes fuel, insurance, landing fees, navigation fees and other operational fees and costs. The company operates within the United States, Europe, Canada, and Central and South America. It generates revenues by providing passenger aircraft outsourcing services to customers on a Charter and ACMI basis. Geographically, it operates predominantly in the USA.
52GF Score
Get the complete analysis for LTS:0UNE
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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