NHMD (Nate's Food Co) Retained Earnings: $-5.41 Mil (As of Nov. 2023)


What is Nate's Food Co Retained Earnings?

Nate's Food Co NHMD -99.00% Retained Earnings is $-5.41 Mil as of Nov. 2023.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Nate's Food Co's retained earnings for the quarter that ended in Nov. 2023 was $-5.41 Mil.

Nate's Food Co's quarterly retained earnings declined from May. 2023 ($-5.16 Mil) to Aug. 2023 ($-5.23 Mil) and declined from Aug. 2023 ($-5.23 Mil) to Nov. 2023 ($-5.41 Mil).

Nate's Food Co's annual retained earnings increased from May. 2021 ($-5.02 Mil) to May. 2022 ($-4.90 Mil) but then declined from May. 2022 ($-4.90 Mil) to May. 2023 ($-5.16 Mil).

Nate's Food Co  (OTCPK:NHMD) 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.

Nate's Food Co Retained Earnings Historical Data

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The historical data trend for Nate's Food Co'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.

Nate's Food Co Retained Earnings Chart

Nate's Food Co Annual Data
Trend Jun10 May14 May15 May16 May17 May18 May20 May21 May22 May23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.49 -6.16 -5.02 -4.90 -5.16

Nate's Food Co Quarterly Data
May17 Aug17 Nov17 Feb18 May18 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -5.10 -5.10 -5.16 -5.23 -5.41

Nate's Food Co 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 $-5.41 Mil mean?
Nate's Food Co (NHMD) has a Retained Earnings of $-5.41 Mil as of Nov. 2023. Retained earnings is the amount of net income not issued to shareholders. View historical data on Nate's Food Co and its competitors.
Is Nate's Food Co's Retained Earnings too high?
Nate's Food Co's current Retained Earnings is $-5.41 Mil.
How does Nate's Food Co's Retained Earnings compare to MNTR and GMPW?
Nate's Food Co's Retained Earnings of $-5.41 Mil can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Retained Earnings depends on the Capital Markets 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 Nate's Food Co and its competitors. Nate's Food Co's current Retained Earnings is $-5.41 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nate's Food Co stock overvalued right now?
Nate's Food Co (NHMD) has a current Retained Earnings of $-5.41 Mil. The current Retained Earnings is $-5.41 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 Nate's Food Co (NHMD), the current Retained Earnings is $-5.41 Mil as of Nov. 2023. 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.

Nate's Food Co Business Description

Address 15151 Springdale Street, Huntington Beach, CA, USA, 92649
Nate's Food Co is a food manufacturing and product company that manufactures, distributes, and sells ready-to-use, pre-mixed pancake and waffle batter. The Company is engaged in Bitcoin Mining which is the process by which Bitcoins are created resulting in new blocks being added to the blockchain and new Bitcoins being issued to the miners. The company sells its products across the United States to a variety of customers through its online store.