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Rocky Mountain High Brands (Rocky Mountain High Brands) Retained Earnings : $-42.74 Mil (As of Jun. 2020)


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What is Rocky Mountain High Brands Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Rocky Mountain High Brands's retained earnings for the quarter that ended in Jun. 2020 was $-42.74 Mil.

Rocky Mountain High Brands's quarterly retained earnings declined from Dec. 2019 ($-40.29 Mil) to Mar. 2020 ($-41.27 Mil) and declined from Mar. 2020 ($-41.27 Mil) to Jun. 2020 ($-42.74 Mil).

Rocky Mountain High Brands's annual retained earnings declined from Jun. 2017 ($-26.16 Mil) to Dec. 2018 ($-35.02 Mil) and declined from Dec. 2018 ($-35.02 Mil) to Dec. 2019 ($-40.29 Mil).


Rocky Mountain High Brands Retained Earnings Historical Data

The historical data trend for Rocky Mountain High Brands'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.

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Rocky Mountain High Brands Retained Earnings Chart

Rocky Mountain High Brands Annual Data
Trend Dec09 Jun10 Jun11 Jun12 Jun16 Jun17 Dec18 Dec19
Retained Earnings
Get a 7-Day Free Trial -1.74 -16.88 -26.16 -35.02 -40.29

Rocky Mountain High Brands Quarterly Data
Dec09 Jun10 Dec10 Jun11 Jun12 Jun16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
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 -36.95 -37.87 -40.29 -41.27 -42.74

Rocky Mountain High Brands 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.


Rocky Mountain High Brands  (OTCPK:RMHB) 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.


Rocky Mountain High Brands (Rocky Mountain High Brands) Business Description

Traded in Other Exchanges
N/A
Address
1000 Shiloh Road, Suite 200, Plano, TX, USA, 75074
Rocky Mountain High Brands Inc is a brand management company. RMHB specializes in developing, manufacturing, marketing, and distributing high-quality, health-conscious, cannabidiol and hemp-infused products that span various categories including beverage, food, fitness, skincare, and more. It also markets a naturally high alkaline spring water as part of the company's brand portfolio.
Executives
Winton Morrison director 9101 LBJ FREEWAY, SUITE 200 DALLAS TX 75243
Jens R. Mielke officer: Chief Financial Officer 9101 LBJ FREEWAY, SUITE 200 DALLAS TX 75243
Michael R. Welch director, officer: President and CEO 9101 LBJ FREEWAY, SUITE 200 DALLAS TX 75243
Charles Walter Smith director, officer: Chief Operating Officer 9101 LBJ FREEWAY, SUITE 200 DALLAS TX 75243
David M. Seeberger director, officer: Vice President 9101 LBJ FREEWAY, SUITE 200 DALLAS TX 75243
Kevin Harrington director 14044 ICOT BLVD., CLEARWATER FL 33760
Gerard Vincent David director, officer: Chairman of the Board 3615 5TH AVENUE NE BRADENTON FL 34208
Jerome A. Grisaffi director, officer: Secretary and Chairman 9101 LBJ FREEWAY, SUITE 200 DALLAS TX 75243
Lily Li 10 percent owner, officer: Executive Vice President 4858 ROUTE 32 CATSKILL NY 12414