GURUFOCUS.COM » STOCK LIST » Technology » Software » Gathid Ltd (OTCPK:RCWDF) » Definitions » Retained Earnings

Gathid (Gathid) Retained Earnings : $-31.80 Mil (As of Dec. 2023)


View and export this data going back to 2018. Start your Free Trial

What is Gathid Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Gathid's retained earnings for the quarter that ended in Dec. 2023 was $-31.80 Mil.

Gathid's quarterly retained earnings declined from Dec. 2022 ($-34.70 Mil) to Jun. 2023 ($-36.55 Mil) but then increased from Jun. 2023 ($-36.55 Mil) to Dec. 2023 ($-31.80 Mil).

Gathid's annual retained earnings declined from Jun. 2021 ($-23.05 Mil) to Jun. 2022 ($-31.68 Mil) and declined from Jun. 2022 ($-31.68 Mil) to Jun. 2023 ($-36.55 Mil).

Gathid Retained Earnings Historical Data

The historical data trend for Gathid'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.

Gathid Retained Earnings Chart

Gathid Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Retained Earnings
Get a 7-Day Free Trial -13.19 -17.70 -23.05 -31.68 -36.55

Gathid Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -24.00 -31.68 -34.70 -36.55 -31.80

Gathid 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.

Gathid  (OTCPK:RCWDF) 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.

Gathid (Gathid) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Gathid Ltd (OTCPK:RCWDF) » Definitions » Retained Earnings
Comparable Companies
ASX:WHK ASX:W2V ASX:KNO ASX:FTC ASX:EXT ASX:NNG ASX:INP ASX:S3N ASX:EPX ASX:XPN MSFT ORCL ADBE PANW SNPS VMW FTNT CRWD PLTR SPLK
Traded in Other Exchanges
N/A
Address
Level 5/203 Robina Town Centre Drive, Suite 501, Robina, Gold Coast, QLD, AUS, 4226
Website
https://www.rightcrowd.com
Gathid Ltd Formerly RightCrowd Ltd is a developer of physical security, safety, and compliance software. Its operating segment are Workforce Management which involves development and delivery of RightCrowd's core Workforce and Visitor Management Solutions; Presence Control which involves development and delivery of RightCrowd's Presence Control solutions and Access Analytics which involves development and delivery of analytics software for identifying user access compliance issues. Geographically, it derives a majority of revenue from North America and also has a presence in Europe, Middle East and Africa; Latin America and Oceania and Australia.