Meganet (Meganet) Retained Earnings : $-5.36 Mil (As of Jun. 2017)

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What is Meganet Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Meganet's retained earnings for the quarter that ended in Jun. 2017 was $-5.36 Mil.

Meganet's quarterly retained earnings declined from Dec. 2016 ($-5.19 Mil) to Mar. 2017 ($-5.28 Mil) and declined from Mar. 2017 ($-5.28 Mil) to Jun. 2017 ($-5.36 Mil).

Meganet's annual retained earnings declined from Mar. 2015 ($-4.53 Mil) to Mar. 2016 ($-4.91 Mil) and declined from Mar. 2016 ($-4.91 Mil) to Mar. 2017 ($-5.28 Mil).

Meganet Retained Earnings Historical Data

The historical data trend for Meganet'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.

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Meganet Retained Earnings Chart

Meganet Annual Data

Trend

Mar15

Mar16

Mar17

Retained Earnings

-4.53

-4.91

-5.28

Meganet Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17
Retained Earnings	Get a 7-Day Free Trial						-5.00	-5.10	-5.19	-5.28	-5.36

Meganet 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.

Meganet (OTCPK:MGNT) 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.

Meganet (Meganet) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Meganet Corp (OTCPK:MGNT) » Definitions » Retained Earnings

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Traded in Other Exchanges

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Address

2510 East Sunset Road, Unit 5-777, Las Vegas, NV, USA, 89120

Website

http://www.meganet.com

Meganet Corp is focused on the development of data security solutions for enterprises, organizations, and corporations around the globe, including the United States Department of Defense, Military Intelligence, and the Federal Government. The company's data security solutions include an encryption algorithm. It out-sources the manufacture of its counter-IED products, including bomb jammers, dismounted backpack portable jammers, and facility jammers. The company also develops and sells cell phones, satellites, and wireless interceptors. Other data security solutions include encrypted cell phones, landlines, faxes, radios, and satellites.