PREDQ (Predictive Technology Group) Retained Earnings: $-156.82 Mil (As of Mar. 2021)

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What is Predictive Technology Group Retained Earnings?

Predictive Technology Group PREDQ -90.00% Retained Earnings is $-156.82 Mil as of Mar. 2021.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Predictive Technology Group's retained earnings for the quarter that ended in Mar. 2021 was $-156.82 Mil.

Predictive Technology Group's quarterly retained earnings declined from Sep. 2020 ($-142.33 Mil) to Dec. 2020 ($-149.44 Mil) and declined from Dec. 2020 ($-149.44 Mil) to Mar. 2021 ($-156.82 Mil).

Predictive Technology Group's annual retained earnings declined from Jun. 2018 ($-25.81 Mil) to Jun. 2019 ($-41.10 Mil) and declined from Jun. 2019 ($-41.10 Mil) to Jun. 2020 ($-126.87 Mil).

Predictive Technology Group  (OTCPK:PREDQ) 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.

Predictive Technology Group Retained Earnings Historical Data

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The historical data trend for Predictive Technology Group'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.

Predictive Technology Group Retained Earnings Chart

Predictive Technology Group Annual Data
Trend Aug06 Aug07 Jun16 Jun17 Jun18 Jun19 Jun20
Retained Earnings
Get a 7-Day Free Trial -16.84 -23.02 -25.81 -41.10 -126.87

Predictive Technology Group Quarterly Data
Nov07 Feb08 May08 Jun16 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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 -88.67 -126.87 -142.33 -149.44 -156.82

Predictive Technology Group 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 $-156.82 Mil mean?
Predictive Technology Group (PREDQ) has a Retained Earnings of $-156.82 Mil as of Mar. 2021. Retained earnings is the amount of net income not issued to shareholders. View historical data on Predictive Technology Group and its competitors.
Is Predictive Technology Group's Retained Earnings too high?
Predictive Technology Group's current Retained Earnings is $-156.82 Mil.
How does Predictive Technology Group's Retained Earnings compare to GLMD and RCAR?
Predictive Technology Group's Retained Earnings of $-156.82 Mil can be compared against companies in the Biotechnology 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 Biotechnology company?
A good Retained Earnings depends on the Biotechnology 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 Predictive Technology Group and its competitors. Predictive Technology Group's current Retained Earnings is $-156.82 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Predictive Technology Group stock overvalued right now?
Predictive Technology Group (PREDQ) has a current Retained Earnings of $-156.82 Mil. The current Retained Earnings is $-156.82 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 Predictive Technology Group (PREDQ), the current Retained Earnings is $-156.82 Mil as of Mar. 2021. 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.

Predictive Technology Group Business Description

Address 2735 Parleys Way, Suite 205, Salt Lake City, UT, USA, 84109
Predictive Technology Group Inc (PRx) is a biotechnology company. It develops, commercializes, acquires and invests in technologies engaged in novel molecular diagnostic and therapeutic products in healthcare. The HCT/P segment offers minimally manipulated tissue products intended for homologous use, prepared utilizing proprietary extraction methods that reduce the loss of important scaffolding, growth factors and cytokines. The company's Diagnostics and Therapeutics segment uses data analytics for disease identification and subsequent therapeutic intervention through novel gene-based diagnostics, and companion therapeutics. It generates most of its revenues from HCT/Ps segment.