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iNeedMD Holdings (iNeedMD Holdings) Retained Earnings : $-119.14 Mil (As of Mar. 2016)


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What is iNeedMD Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. iNeedMD Holdings's retained earnings for the quarter that ended in Mar. 2016 was $-119.14 Mil.

iNeedMD Holdings's quarterly retained earnings declined from Sep. 2015 ($-117.57 Mil) to Dec. 2015 ($-120.29 Mil) but then increased from Dec. 2015 ($-120.29 Mil) to Mar. 2016 ($-119.14 Mil).

iNeedMD Holdings's annual retained earnings declined from Nov. 2013 ($-0.07 Mil) to Nov. 2014 ($-0.12 Mil) and declined from Nov. 2014 ($-0.12 Mil) to Dec. 2015 ($-120.29 Mil).


iNeedMD Holdings Retained Earnings Historical Data

The historical data trend for iNeedMD 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.

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iNeedMD Holdings Retained Earnings Chart

iNeedMD Holdings Annual Data
Trend Nov12 Nov13 Nov14 Dec15
Retained Earnings
-0.03 -0.07 -0.12 -120.29

iNeedMD Holdings Quarterly Data
Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Mar15 Jun15 Sep15 Dec15 Mar16
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 Premium Member Only -116.30 -117.01 -117.57 -120.29 -119.14

iNeedMD 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.


iNeedMD Holdings  (GREY:NEMD) 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.


iNeedMD Holdings (iNeedMD Holdings) Business Description

Traded in Other Exchanges
N/A
Address
650 First Avenue, Third Floor, New York, NY, USA, 10016
iNeedMD Holdings Inc is a United States of America based medical device development company. The company's products include The EKG Glove and Portable ECG devices. Its product development programs focus on easy-to-use systems for collecting a plurality of diagnostic information and transmitting that data to local and remote locations. The EKG Glove provides healthcare workers with a standardized ECG solution that enables to quickly and accurately assess an individual's cardiac health.
Executives
Thomas Albert Nicolette director, officer: President and CEO 7 SPRING HOLLOW ROAD, CENTERPORT NY 11721

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