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Ovivo (LVGAF) Retained Earnings : $-165.0 Mil (As of Jun. 2016)


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What is Ovivo Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Ovivo's retained earnings for the quarter that ended in Jun. 2016 was $-165.0 Mil.

Ovivo's quarterly retained earnings declined from Dec. 2015 ($-158.1 Mil) to Mar. 2016 ($-161.0 Mil) and declined from Mar. 2016 ($-161.0 Mil) to Jun. 2016 ($-165.0 Mil).

Ovivo's annual retained earnings declined from Mar. 2014 ($-150.9 Mil) to Mar. 2015 ($-172.7 Mil) but then increased from Mar. 2015 ($-172.7 Mil) to Mar. 2016 ($-161.0 Mil).

Ovivo Retained Earnings Historical Data

The historical data trend for Ovivo'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.

Ovivo Retained Earnings Chart

Ovivo Annual Data
Trend Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -130.14 -141.88 -150.87 -172.66 -160.96

Ovivo Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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 -178.39 -165.37 -158.09 -160.96 -164.96

Ovivo 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.

Ovivo  (OTCPK:LVGAF) 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.

Ovivo (LVGAF) Business Description

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Traded in Other Exchanges
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Address
Website
http://www.glv.com
Ovivo Inc was incorporated in May 15, 2007 in Canada. The Company is a provider of technological solutions used in water treatment well as in pulp and paper production. The Corporation operates in more than 25 countries. The Company and its subsidiaries conduct their activities in two main groups: Ovivo and GL&V Pulp and Paper. The Water Treatment Group (Ovivo) designs and markets treatment and recycling solutions and components for municipal and industrial wastewater as well as water used in various industrial processes. The Group also develops seawater desalination technologies and offers water intake screening solutions for power stations, refineries and water desalination facilities. With its technological portfolio, it is positioned to provide comprehensive solutions for the filtration, clarification, treatment and purification of water to be returned into the environment, re-used in various industrial processes or used for domestic purposes. The pulp and paper Group designs and markets equipment used in various stages of paper production, from pulp preparation to sheet formation and finishing. It also serves with rebuilding, upgrading and optimization services for existing equipment, as well as the sale of replacement parts. The Company operates in following geographic segment: United States, Canada, United Kingdom, Other - Europe and Russia, Asia and Asia-Pacific, Middle East and Africa & Latin America.