Nextech3d AI (Nextech3d AI) Retained Earnings : $-83.91 Mil (As of Mar. 2024)

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What is Nextech3d AI Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Nextech3d AI's retained earnings for the quarter that ended in Mar. 2024 was $-83.91 Mil.

Nextech3d AI's quarterly retained earnings declined from Sep. 2023 ($-75.63 Mil) to Dec. 2023 ($-83.64 Mil) and declined from Dec. 2023 ($-83.64 Mil) to Mar. 2024 ($-83.91 Mil).

Nextech3d AI's annual retained earnings declined from Dec. 2021 ($-47.05 Mil) to Dec. 2022 ($-63.23 Mil) and declined from Dec. 2022 ($-63.23 Mil) to Dec. 2023 ($-83.64 Mil).

Nextech3d AI Retained Earnings Historical Data

The historical data trend for Nextech3d AI'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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Nextech3d AI Retained Earnings Chart

Nextech3d AI Annual Data

Trend

May18

May19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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-4.08

-20.54

-47.05

-63.23

-83.64

Nextech3d AI Quarterly Data
	May19	Aug19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Retained Earnings	Get a 7-Day Free Trial															-67.06	-73.66	-75.63	-83.64	-83.91

Nextech3d AI 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.

Nextech3d AI (OTCPK:NEXCF) 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.

Nextech3d AI (Nextech3d AI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Nextech3d AI Corp (OTCPK:NEXCF) » Definitions » Retained Earnings

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Address

Toronto Rpo Royal Bank Plaza, Po Box 64039, Toronto, ON, CAN, M5J 2T6

Website

https://www.nextechar.com

Nextech3d AI Corp is a diversified technology company that leverages proprietary artificial intelligence (AI) to create 3D models and experiences. Its main businesses are creating 3D models for Amazon as well as many other e-commerce retailers. The company develops and acquires disruptive technologies and once commercialized, spins them out as stand-alone public companies issuing a stock dividend to shareholders while retaining a ownership stake in the public spin-out.