MOBO (Mobile Lads) Retained Earnings: $-4.69 Mil (As of Jul. 2016)

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What is Mobile Lads Retained Earnings?

Mobile Lads MOBO Retained Earnings is $-4.69 Mil as of Jul. 2016.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Mobile Lads's retained earnings for the quarter that ended in Jul. 2016 was $-4.69 Mil.

Mobile Lads's quarterly retained earnings declined from Jan. 2016 ($-3.41 Mil) to Apr. 2016 ($-3.96 Mil) and declined from Apr. 2016 ($-3.96 Mil) to Jul. 2016 ($-4.69 Mil).

Mobile Lads's annual retained earnings declined from Apr. 2013 ($-0.01 Mil) to Apr. 2014 ($-0.03 Mil) and declined from Apr. 2014 ($-0.03 Mil) to Apr. 2015 ($-0.32 Mil).

Mobile Lads  (OTCPK:MOBO) 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.

Mobile Lads Retained Earnings Historical Data

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The historical data trend for Mobile Lads'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.

Mobile Lads Retained Earnings Chart

Mobile Lads Annual Data
Trend Apr13 Apr14 Apr15
Retained Earnings
-0.01 -0.03 -0.32

Mobile Lads Quarterly Data
Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16
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 -0.36 -1.20 -3.41 -3.96 -4.69

Mobile Lads 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 $-4.69 Mil mean?
Mobile Lads (MOBO) has a Retained Earnings of $-4.69 Mil as of Jul. 2016. Retained earnings is the amount of net income not issued to shareholders. View historical data on Mobile Lads and its competitors.
Is Mobile Lads' Retained Earnings too high?
Mobile Lads' current Retained Earnings is $-4.69 Mil.
How does Mobile Lads' Retained Earnings compare to DLOC and KNIT?
Mobile Lads' Retained Earnings of $-4.69 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Retained Earnings depends on the Hardware 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 Mobile Lads and its competitors. Mobile Lads's current Retained Earnings is $-4.69 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mobile Lads stock overvalued right now?
Mobile Lads (MOBO) has a current Retained Earnings of $-4.69 Mil. The current Retained Earnings is $-4.69 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 Mobile Lads (MOBO), the current Retained Earnings is $-4.69 Mil as of Jul. 2016. 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.

Mobile Lads Business Description

Address 2616 Willow Wren Drive, North Las Vegas, NV, USA, 89084
Mobile Lads Corp provides consumers with a suite of products and services covering hardware and software solutions. Through its manufacturing and business partners, Mobile Lads is able to supply superior-quality smartphones and other mobile devices and services to businesses and their consumer base. Because of the relationships with its partners, the company creates residual income streams through the sale of benefits and services, including insurance and MasterCard issuance, and international money remittance.