SportsQuest (SportsQuest) Retained Earnings : $-1.45 Mil (As of Oct. 2007)

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What is SportsQuest Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. SportsQuest's retained earnings for the quarter that ended in Oct. 2007 was $-1.45 Mil.

SportsQuest's quarterly retained earnings increased from Oct. 2005 ($-0.83 Mil) to Oct. 2006 ($-0.78 Mil) but then declined from Oct. 2006 ($-0.78 Mil) to Oct. 2007 ($-1.45 Mil).

SportsQuest's annual retained earnings increased from Oct. 2005 ($-0.83 Mil) to Oct. 2006 ($-0.78 Mil) but then declined from Oct. 2006 ($-0.78 Mil) to Oct. 2007 ($-1.45 Mil).

SportsQuest Retained Earnings Historical Data

The historical data trend for SportsQuest'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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SportsQuest Retained Earnings Chart

SportsQuest Annual Data

Trend

Oct98

Oct99

Oct00

Oct01

Oct02

Oct03

Oct04

Oct05

Oct06

Oct07

Retained Earnings

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-0.93

-0.88

-0.83

-0.78

-1.45

SportsQuest Semi-Annual Data
	Oct96	Oct97	Oct98	Oct99	Oct00	Oct01	Oct02	Oct03	Oct04	Oct05	Oct06	Oct07
Retained Earnings	Get a 7-Day Free Trial							-0.93	-0.88	-0.83	-0.78	-1.45

SportsQuest 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.

SportsQuest (OTCPK:SPQS) 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.

SportsQuest (SportsQuest) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » SportsQuest Inc (OTCPK:SPQS) » Definitions » Retained Earnings

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Address

500 S Australian Avenue, Suite No. 600, West Palm Beach, Florida, FL, USA, 33401

Website

https://www.sports-quest.co

SportsQuest Inc is currently is in development stage company of a sports franchise. The company is primarily engaged in sports and hospitality related services.

Executives

Roy Thomas Kidd	director, officer: President, CEO	432 VALLEY STREAM DRIVE, GENEVA FL 32732
Air Brook Airport Express Inc	other: Related party	500 AUSTRALIAN AVENUE, SUITE 600, WEST PALM BEACH FL 33401

SportsQuest (SportsQuest) Headlines

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