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Sense Technologies (Sense Technologies) Retained Earnings : $-22.74 Mil (As of Nov. 2016)


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What is Sense Technologies Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Sense Technologies's retained earnings for the quarter that ended in Nov. 2016 was $-22.74 Mil.

Sense Technologies's quarterly retained earnings declined from May. 2016 ($-21.86 Mil) to Aug. 2016 ($-22.39 Mil) and declined from Aug. 2016 ($-22.39 Mil) to Nov. 2016 ($-22.74 Mil).

Sense Technologies's annual retained earnings declined from Feb. 2014 ($-20.27 Mil) to Feb. 2015 ($-21.05 Mil) and declined from Feb. 2015 ($-21.05 Mil) to Feb. 2016 ($-21.65 Mil).


Sense Technologies Retained Earnings Historical Data

The historical data trend for Sense Technologies'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.

Sense Technologies Retained Earnings Chart

Sense Technologies Annual Data
Trend Feb07 Feb08 Feb09 Feb10 Feb11 Feb12 Feb13 Feb14 Feb15 Feb16
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -18.88 -19.49 -20.27 -21.05 -21.65

Sense Technologies Quarterly Data
Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16
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 -21.39 -21.65 -21.86 -22.39 -22.74

Sense Technologies 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.


Sense Technologies  (OTCPK:SNSGF) 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.


Sense Technologies (Sense Technologies) Business Description

Traded in Other Exchanges
N/A
Address
2535 North Carleton Avenue, Grand Island, NE, USA, 68803
Sense Technologies Inc. is a developer and marketer of driver aids for the automotive industry. The Company holds a non-exclusive license to manufacture, distribute, market and sell the ScopeOut product, a system of specially designed mirrors which are placed at specific points on automobiles, trucks, sport utility vehicles or commercial vehicles to offer drivers a more complete view behind the vehicle.

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