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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Modern Plant Based Foods's retained earnings for the quarter that ended in May. 2026 was $-24.43 Mil.
Modern Plant Based Foods's quarterly retained earnings
declined
from Nov. 2025 ($-23.65 Mil) to Feb. 2026 ($-24.45 Mil) but then
increased
from Feb. 2026 ($-24.45 Mil) to May. 2026 ($-24.43 Mil).
Modern Plant Based Foods's annual retained earnings
declined
from Aug. 2023 ($-23.35 Mil) to Aug. 2024 ($-23.64 Mil) and
declined
from Aug. 2024 ($-23.64 Mil) to Aug. 2025 ($-24.02 Mil).
Modern Plant Based Foods (OTCPK:MDRND) 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.
Modern Plant Based Foods 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.
Modern Plant Based Foods 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 $-24.43 Mil mean?
Modern Plant Based Foods (MDRND) has a Retained Earnings of $-24.43 Mil as of May. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Modern Plant Based Foods and its competitors.
Is Modern Plant Based Foods' Retained Earnings too high?
Modern Plant Based Foods' current Retained Earnings is $-24.43 Mil. Overall, Modern Plant Based Foods has a GF Score™ of 16/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Modern Plant Based Foods' Retained Earnings compare to KHC and GIS?
Modern Plant Based Foods' Retained Earnings of $-24.43 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Retained Earnings depends on the Consumer Packaged Goods 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 Modern Plant Based Foods and its competitors. Modern Plant Based Foods's current Retained Earnings is $-24.43 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modern Plant Based Foods stock overvalued right now?
Based on GuruFocus' analysis, Modern Plant Based Foods (MDRND) is currently considered Modestly Overvalued. The stock's GF Value™ is $0.50, compared to a current price of $0.14 — trading 71.2% below its estimated fair value. The current Retained Earnings is $-24.43 Mil. Modern Plant Based Foods' overall GF Score™ is 16/100 with 6 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 Modern Plant Based Foods (MDRND), the current Retained Earnings is $-24.43 Mil as of May. 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 Modern Plant Based Foods (MDRND) Overvalued in 2026?
Based on GuruFocus' analysis, Modern Plant Based Foods stock appears to be undervalued.
The current stock price of $0.14 is trading 71.2% below its estimated GF Value™ of $0.50.
GuruFocus considers Modern Plant Based Foods to be Modestly Overvalued.
Key valuation signals for MDRND:
Retained Earnings: $-24.43 Mil
GF Value™: $0.50 vs. price of $0.14 (71.2% below fair value)
No single metric tells the full story. See the MDRND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Modern Plant Based Foods Inc is a Canadian food company engaged in developing and selling plant-based meat alternatives made from plants. It offers a portfolio of plant-based products including meat alternatives, dairy-free cheeses, homemade style soups and vegan snacks. The company's product lineup includes the modern burgers, modern crabcakes, modern meatballs, modern crumbles, and sauces. It offers its products through various retail locations in the British Columbia Lower Mainland, as well as on e-commerce platforms. The company's revenue consists of sales of plant-based and health food products to wholesale and retail customers. Geographically, it derives the maximum revenue from Canada.
16GF Score
Get the complete analysis for MDRND
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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