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Questor Technology (Questor Technology) Retained Earnings : $10.03 Mil (As of Dec. 2023)


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What is Questor Technology Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Questor Technology's retained earnings for the quarter that ended in Dec. 2023 was $10.03 Mil.

Questor Technology's quarterly retained earnings declined from Jun. 2023 ($13.24 Mil) to Sep. 2023 ($10.61 Mil) and declined from Sep. 2023 ($10.61 Mil) to Dec. 2023 ($10.03 Mil).

Questor Technology's annual retained earnings declined from Dec. 2021 ($15.62 Mil) to Dec. 2022 ($13.44 Mil) and declined from Dec. 2022 ($13.44 Mil) to Dec. 2023 ($10.03 Mil).


Questor Technology Retained Earnings Historical Data

The historical data trend for Questor 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.

* Premium members only.

Questor Technology Retained Earnings Chart

Questor Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.60 18.72 15.62 13.44 10.03

Questor Technology 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 13.44 13.22 13.24 10.61 10.03

Questor 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.


Questor Technology  (OTCPK:QUTIF) 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.


Questor Technology (Questor Technology) Business Description

Traded in Other Exchanges
Address
140 - 4 Avenue S.W., Suite 2240, Calgary, AB, CAN, T2P 3N3
Questor Technology Inc is focused on clean air technologies that safely and cost-effectively improve air quality, support energy efficiency, and greenhouse gas emissions reductions. The company designs, manufactures, and services high-efficiency waste gas combustion systems. Its combustion technology is utilized in the effective management of Methane, Hydrogen Sulfide gas, Volatile Organic Hydrocarbons, Hazardous Air Pollutants, and BTEX gases ensuring sustainable development, community acceptance, and regulatory compliance. It has developed heat-to-power generation technology and is marketing its solutions to various markets including landfill biogas, syngas, waste engine exhaust, geothermal and solar, cement plant waste heat in addition to a wide variety of oil and gas projects.

Questor Technology (Questor Technology) Headlines

From GuruFocus

Questor Announces Departure of Chief Operating Officer

By GlobeNewswire GlobeNewswire 09-17-2021

Questor Announces Passing of Director Jean-Michel Gires

By GlobeNewswire GlobeNewswire 08-07-2021

Questor Technology Inc. Announces Grant of Incentive Stock Options

By GlobeNewswire GlobeNewswire 05-27-2019