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Onfolio Holdings (Onfolio Holdings) Retained Earnings : $-16.66 Mil (As of Mar. 2024)


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What is Onfolio Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Onfolio Holdings's retained earnings for the quarter that ended in Mar. 2024 was $-16.66 Mil.

Onfolio Holdings's quarterly retained earnings declined from Sep. 2023 ($-15.05 Mil) to Dec. 2023 ($-15.95 Mil) and declined from Dec. 2023 ($-15.95 Mil) to Mar. 2024 ($-16.66 Mil).

Onfolio Holdings's annual retained earnings declined from Dec. 2021 ($-3.15 Mil) to Dec. 2022 ($-7.58 Mil) and declined from Dec. 2022 ($-7.58 Mil) to Dec. 2023 ($-15.95 Mil).


Onfolio Holdings Retained Earnings Historical Data

The historical data trend for Onfolio 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.

* Premium members only.

Onfolio Holdings Retained Earnings Chart

Onfolio Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Retained Earnings
-1.14 -3.15 -7.58 -15.95

Onfolio Holdings Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -8.92 -10.26 -15.05 -15.95 -16.66

Onfolio 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.


Onfolio Holdings  (NAS:ONFO) 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.


Onfolio Holdings (Onfolio Holdings) Business Description

Traded in Other Exchanges
N/A
Address
1007 North Orange Street, 4th Floor, Wilmington, DE, USA, 19801
Onfolio Holdings Inc acquires and manages a diversified portfolio of online businesses across a broad range of verticals, each with a niche content focus and brand identity. The company operates in the following verticals: Pets, Arts and Crafts, B2B SEO Services, Molecular Hydrogen Supplements, Computers, Graphic Design, and People Search.
Executives
Yury Byalik officer: Head of Strategy & Acquisition 2400 S OCEAN DRIVE #728, FORT PIERCE FL 34949
Braake Robertus Te officer: Interim CFO RUA ANTONIO DA SILVA 127 6FRT, CASCAIS S1 2750-101
Robert J Lipstein director 1661 WORTHINGTON ROAD, SUITE 100, WEST PALM BEACH FL 33409
Mark N Schwartz director
Wells Dominic Benjamin James director, 10 percent owner, officer: CEO, CRO, Chair of Board 10F NO 136, LANE 162, JINGYESAN ROAD, ZHONGSHAN DISTRICT, TAIPEI CITY F5 104
Van Heerden Esbe Louise officer: President 12A BENTLEY STREET, CHRISTCHURCH Q2 8042
Adam Michael Trainor officer: Chief Operations Officer 1420 RENAISSANCE DRIVE, APT P104, LONGMONT CO 80503
David Christopher Mckeegan director 2885 SANFORD AVE SW, SW14713, GRANDVILLE MI 49418
Andrew John Lawrence director 329 S OYSTER BAY RD. #514, PLAINVIEW NY 11803
Hawkins Jack Wayne Iii officer: Chief Financial Officer 613 NEW NORWALK ROAD, NEW CANAAN CT 06840