MAXD (Max Sound) Retained Earnings: $-85.09 Mil (As of Jun. 2022)

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What is Max Sound Retained Earnings?

Max Sound MAXD -90.00% Retained Earnings is $-85.09 Mil as of Jun. 2022.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Max Sound's retained earnings for the quarter that ended in Jun. 2022 was $-85.09 Mil.

Max Sound's quarterly retained earnings declined from Dec. 2021 ($-84.37 Mil) to Mar. 2022 ($-84.75 Mil) and declined from Mar. 2022 ($-84.75 Mil) to Jun. 2022 ($-85.09 Mil).

Max Sound's annual retained earnings declined from Dec. 2019 ($-81.48 Mil) to Dec. 2020 ($-82.97 Mil) and declined from Dec. 2020 ($-82.97 Mil) to Dec. 2021 ($-84.37 Mil).

Max Sound  (OTCPK:MAXD) 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.

Max Sound Retained Earnings Historical Data

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The historical data trend for Max Sound'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.

Max Sound Retained Earnings Chart

Max Sound Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -81.44 -93.60 -81.48 -82.97 -84.37

Max Sound Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 -83.65 -83.99 -84.37 -84.75 -85.09

Max Sound 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 $-85.09 Mil mean?
Max Sound (MAXD) has a Retained Earnings of $-85.09 Mil as of Jun. 2022. Retained earnings is the amount of net income not issued to shareholders. View historical data on Max Sound and its competitors.
Is Max Sound's Retained Earnings too high?
Max Sound's current Retained Earnings is $-85.09 Mil.
How does Max Sound's Retained Earnings compare to ABQQ and IWSY?
Max Sound's Retained Earnings of $-85.09 Mil can be compared against companies in the Software 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 Software company?
A good Retained Earnings depends on the Software 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 Max Sound and its competitors. Max Sound's current Retained Earnings is $-85.09 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Max Sound stock overvalued right now?
Max Sound (MAXD) has a current Retained Earnings of $-85.09 Mil. The current Retained Earnings is $-85.09 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 Max Sound (MAXD), the current Retained Earnings is $-85.09 Mil as of Jun. 2022. 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.

Max Sound Business Description

Address 3525 Del Mar Heights Road, No. 802, San Diego, CA, USA, 92130
Max Sound Corp sells, and licenses products and services based on its patent MAX-D HD Audio Technology for sound recording and playback that improves the listener's experience. The MAXD-D HD Audio Technology converts audio files into high definition sound without increasing the file size. Its products and services are provided to various markets including motion picture, music recording, video game, broadcasting, internet video and audio, automobile infotainment systems, and consumer electronics. The company derives its revenue by licensing its MAX-D technology.