GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Mobile Lads Corp (OTCPK:MOBO) » Definitions » Retained Earnings

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


View and export this data going back to 2013. Start your Free Trial

What is Mobile Lads Retained Earnings?

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 Retained Earnings Historical Data

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.

* Premium members only.

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.

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 (Mobile Lads) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Mobile Lads Corp (OTCPK:MOBO) » Definitions » Retained Earnings
Comparable Companies
WAR:MMS ASX:XTD TSXV:MBO XCNQ:ADX ASX:PPL XSAT:MPLUS XPAR:ALACT WAR:SAR NSE:TOUCHWOOD IST:SAYAS FRA:DCIK WAR:BIT XPAR:ALTBG DLOC TSXV:BTV KNIT HKSE:08091 SSE:2172 SSE:3977 TSXV:ITM.H
Traded in Other Exchanges
N/A
Address
2616 Willow Wren Drive, North Las Vegas, NV, USA, 89084
Website
http://www.mobilelads.com
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.