GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Momentous Holdings Corp (OTCPK:MMNT) » Definitions » Retained Earnings

Momentous Holdings (Momentous Holdings) Retained Earnings : $-0.73 Mil (As of Nov. 2023)


View and export this data going back to 2016. Start your Free Trial

What is Momentous Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Momentous Holdings's retained earnings for the quarter that ended in Nov. 2023 was $-0.73 Mil.

Momentous Holdings's quarterly retained earnings declined from May. 2022 ($-0.63 Mil) to May. 2023 ($-0.68 Mil) and declined from May. 2023 ($-0.68 Mil) to Nov. 2023 ($-0.73 Mil).

Momentous Holdings's annual retained earnings declined from May. 2019 ($-0.15 Mil) to May. 2020 ($-0.44 Mil) and declined from May. 2020 ($-0.44 Mil) to May. 2022 ($-0.63 Mil).


Momentous Holdings Retained Earnings Historical Data

The historical data trend for Momentous Holdings'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.

Momentous Holdings Retained Earnings Chart

Momentous Holdings Annual Data
Trend May15 May16 May17 May18 May19 May20 May22
Retained Earnings
Get a 7-Day Free Trial -0.08 -0.09 -0.15 -0.44 -0.63

Momentous Holdings Semi-Annual Data
Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 Nov19 May20 May22 May23 Nov23
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 -0.23 -0.44 -0.63 -0.68 -0.73

Momentous Holdings 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.


Momentous Holdings  (OTCPK:MMNT) 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.


Momentous Holdings (Momentous Holdings) Business Description

Traded in Other Exchanges
N/A
Address
300 Mamaroneck Avenue, Apt. 201, White Plains, NY, USA, 10605
Momentous Holdings Corp is a shell company.

Momentous Holdings (Momentous Holdings) Headlines

No Headlines