NXTP (NextPlay Technologies) Retained Earnings: $-57.17 Mil (As of Nov. 2022)

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NXTP NextPlay Technologies Inc NXTP
14 GF Score
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What is NextPlay Technologies Retained Earnings?

NextPlay Technologies NXTP 14 Retained Earnings is $-57.17 Mil as of Nov. 2022. GuruFocus rates NXTP with a GF Score™ of 14/100.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. NextPlay Technologies's retained earnings for the quarter that ended in Nov. 2022 was $-57.17 Mil.

NextPlay Technologies's quarterly retained earnings declined from May. 2022 ($-44.86 Mil) to Aug. 2022 ($-54.01 Mil) and declined from Aug. 2022 ($-54.01 Mil) to Nov. 2022 ($-57.17 Mil).

NextPlay Technologies's annual retained earnings increased from . 20 ($0.00 Mil) to Feb. 2021 ($-1.20 Mil) but then declined from Feb. 2021 ($-1.20 Mil) to Feb. 2022 ($-39.17 Mil).


NextPlay Technologies  (OTCPK:NXTP) 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.


NextPlay Technologies Retained Earnings Historical Data

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The historical data trend for NextPlay Technologies'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.

NextPlay Technologies Retained Earnings Chart

NextPlay Technologies Annual Data
Trend Feb21 Feb22
Retained Earnings
-1.20 -39.17

NextPlay Technologies Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22
Retained Earnings Get a 7-Day Free Trial 0.00 -39.17 -44.86 -54.01 -57.17
NXTP
14GF Score
NextPlay Technologies Inc NXTP
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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NextPlay Technologies 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 $-57.17 Mil mean?
NextPlay Technologies (NXTP) has a Retained Earnings of $-57.17 Mil as of Nov. 2022. Retained earnings is the amount of net income not issued to shareholders. View historical data on NextPlay Technologies and its competitors.
Is NextPlay Technologies' Retained Earnings too high?
NextPlay Technologies' current Retained Earnings is $-57.17 Mil. Overall, NextPlay Technologies has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does NextPlay Technologies' Retained Earnings compare to TAOP and CETX?
NextPlay Technologies' Retained Earnings of $-57.17 Mil can be compared against companies in the Software 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 Software company?
A good Retained Earnings depends on the Software 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 NextPlay Technologies and its competitors. NextPlay Technologies's current Retained Earnings is $-57.17 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NextPlay Technologies stock overvalued right now?
NextPlay Technologies (NXTP) has a current Retained Earnings of $-57.17 Mil. The current Retained Earnings is $-57.17 Mil. NextPlay Technologies' overall GF Score™ is 14/100. 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 NextPlay Technologies (NXTP), the current Retained Earnings is $-57.17 Mil as of Nov. 2022. 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.

NextPlay Technologies Business Description

Address 1560 Sawgrass Corporate Parkway, Suite 130, Sunrise, FL, USA, 33323
NextPlay Technologies Inc is building a technology solutions company, offering games, in-game advertising, digital asset products and services, connected TV and travel booking services to consumers and corporations within a growing digital ecosystem. Its engaging products and services utilize advertising technology, Artificial Intelligence, and financial technology (FinTech) solutions to leverage the strengths and channels of its existing and acquired technologies. NextPlay is organized into 3 divisions NextMedia, its Interactive Digital Media Division (the Media Division); NextFinTech, its Finance and Technology (FinTech) Division; and NextTrip, its Travel Division.
14GF Score

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Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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