NTCXF (Natcore Technology) Retained Earnings: $-24.25 Mil (As of Sep. 2018)

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What is Natcore Technology Retained Earnings?

Natcore Technology NTCXF -90.00% Retained Earnings is $-24.25 Mil as of Sep. 2018.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Natcore Technology's retained earnings for the quarter that ended in Sep. 2018 was $-24.25 Mil.

Natcore Technology's quarterly retained earnings declined from Mar. 2018 ($-24.25 Mil) to Jun. 2018 ($-24.33 Mil) but then increased from Jun. 2018 ($-24.33 Mil) to Sep. 2018 ($-24.25 Mil).

Natcore Technology's annual retained earnings declined from Dec. 2015 ($-19.92 Mil) to Dec. 2016 ($-21.94 Mil) and declined from Dec. 2016 ($-21.94 Mil) to Dec. 2017 ($-23.21 Mil).

Natcore Technology  (OTCPK:NTCXF) 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.

Natcore Technology Retained Earnings Historical Data

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The historical data trend for Natcore Technology'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.

Natcore Technology Retained Earnings Chart

Natcore Technology Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -14.24 -16.43 -19.92 -21.94 -23.21

Natcore Technology Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 -23.09 -23.21 -24.25 -24.33 -24.25

Natcore Technology 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 $-24.25 Mil mean?
Natcore Technology (NTCXF) has a Retained Earnings of $-24.25 Mil as of Sep. 2018. Retained earnings is the amount of net income not issued to shareholders. View historical data on Natcore Technology and its competitors.
Is Natcore Technology's Retained Earnings too high?
Natcore Technology's current Retained Earnings is $-24.25 Mil.
How does Natcore Technology's Retained Earnings compare to BSRC and SUNW?
Natcore Technology's Retained Earnings of $-24.25 Mil can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Retained Earnings depends on the Semiconductors 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 Natcore Technology and its competitors. Natcore Technology's current Retained Earnings is $-24.25 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Natcore Technology stock overvalued right now?
Natcore Technology (NTCXF) has a current Retained Earnings of $-24.25 Mil. The current Retained Earnings is $-24.25 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 Natcore Technology (NTCXF), the current Retained Earnings is $-24.25 Mil as of Sep. 2018. 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.

Natcore Technology Business Description

Address 189 North Water Street, Suite 700, Rochester, NY, USA, 14604
Natcore Technology Inc is focused on using its proprietary nanotechnology discoveries to enable a variety of compelling applications in the solar industry. The company is advancing applications in laser processing, black silicon and tandem quantum-dot solar cells, and all-back-contact silicon heterojunction (HIT) cells to significantly lower the costs and improve the power output of solar cells.