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Ozop Energy Solutions (Ozop Energy Solutions) Retained Earnings : $-218.67 Mil (As of Dec. 2023)


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What is Ozop Energy Solutions Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Ozop Energy Solutions's retained earnings for the quarter that ended in Dec. 2023 was $-218.67 Mil.

Ozop Energy Solutions's quarterly retained earnings declined from Jun. 2023 ($-217.26 Mil) to Sep. 2023 ($-217.58 Mil) and declined from Sep. 2023 ($-217.58 Mil) to Dec. 2023 ($-218.67 Mil).

Ozop Energy Solutions's annual retained earnings increased from Dec. 2021 ($-217.33 Mil) to Dec. 2022 ($-211.30 Mil) but then declined from Dec. 2022 ($-211.30 Mil) to Dec. 2023 ($-218.67 Mil).


Ozop Energy Solutions Retained Earnings Historical Data

The historical data trend for Ozop Energy Solutions'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.

Ozop Energy Solutions Retained Earnings Chart

Ozop Energy Solutions Annual Data
Trend Apr16 Apr17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial -1.31 -22.28 -217.33 -211.30 -218.67

Ozop Energy Solutions Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -211.30 -213.83 -217.26 -217.58 -218.67

Ozop Energy Solutions 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.


Ozop Energy Solutions  (OTCPK:OZSC) 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.


Ozop Energy Solutions (Ozop Energy Solutions) Business Description

Traded in Other Exchanges
N/A
Address
55 Ronald Reagan Boulevard, Warwick, NY, USA, 10990
Ozop Energy Solutions Inc is engaged in the renewable, electric vehicle, energy storage, and energy resiliency sectors. The company invents, designs, develops, manufactures, and distributes ultra-high power chargers, inverters, and power supplies for a wide variety of applications in the defense, heavy industrial, aircraft ground support, maritime and other sectors. The components it distributes include PV panels, solar inverters, solar mounting systems, stationary batteries, onsite generators, and other associated electrical equipment and components that are all manufactured by multiple companies, both domestic and international.
Executives
Thomas J Mcleer officer: Chief Operating Officer 20 BLUE HORIZON, LAGUNA NIGUEL CA 92677
Michael D Chermak director, 10 percent owner, officer: CEO
Barry S Hollander officer: CFO 319 CLEMATIS ST, SUITE 812, WEST PALM BEACH FL 33401
Salman J Chaudhry director, officer: COO
Eric Siu director, 10 percent owner 319 CLEMATIS STREET, SUITE 714, WEST PALM BEACH FL 33401
Rwo Medical Consulting Llc 10 percent owner 5227 W ADAMS AVE, #401, TEMPLE TX 76502

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