SSMTF (Sensible Meats) Retained Earnings: $-4.23 Mil (As of Aug. 2024)


What is Sensible Meats Retained Earnings?

Sensible Meats SSMTF Retained Earnings is $-4.23 Mil as of Aug. 2024.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Sensible Meats's retained earnings for the quarter that ended in Aug. 2024 was $-4.23 Mil.

Sensible Meats's quarterly retained earnings increased from Feb. 2024 ($-4.17 Mil) to May. 2024 ($-4.14 Mil) but then declined from May. 2024 ($-4.14 Mil) to Aug. 2024 ($-4.23 Mil).

Sensible Meats's annual retained earnings declined from Nov. 2021 ($-0.41 Mil) to Nov. 2022 ($-1.18 Mil) and declined from Nov. 2022 ($-1.18 Mil) to Nov. 2023 ($-4.01 Mil).

Sensible Meats  (OTCPK:SSMTF) 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.

Sensible Meats Retained Earnings Historical Data

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The historical data trend for Sensible Meats'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.

Sensible Meats Retained Earnings Chart

Sensible Meats Annual Data
Trend Nov21 Nov22 Nov23
Retained Earnings
-0.41 -1.18 -4.01

Sensible Meats Quarterly Data
Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.76 -4.01 -4.17 -4.14 -4.23

Sensible Meats 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.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of $-4.23 Mil mean?
Sensible Meats (SSMTF) has a Retained Earnings of $-4.23 Mil as of Aug. 2024. Retained earnings is the amount of net income not issued to shareholders. View historical data on Sensible Meats and its competitors.
Is Sensible Meats' Retained Earnings too high?
Sensible Meats' current Retained Earnings is $-4.23 Mil.
How does Sensible Meats' Retained Earnings compare to TLCC and AJYG?
Sensible Meats' Retained Earnings of $-4.23 Mil can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Consumer Packaged Goods company?
A good Retained Earnings depends on the Consumer Packaged Goods industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Sensible Meats and its competitors. Sensible Meats's current Retained Earnings is $-4.23 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sensible Meats stock overvalued right now?
Sensible Meats (SSMTF) has a current Retained Earnings of $-4.23 Mil. The current Retained Earnings is $-4.23 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Sensible Meats (SSMTF), the current Retained Earnings is $-4.23 Mil as of Aug. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Sensible Meats Business Description

Address 1450, 789 West Pender Street, Calgary, BC, CAN, V6C 1H2
Sensible Meats Inc is a plant-based food company that has designed and developed plant-based meat food alternatives and intends to distribute and sell its line of plant-based hot dogs. The company's first and primary product is a line of plant-based hotdogs.