Kanabo Group (STU:3WD) Retained Earnings: €-26.14 Mil (As of Jun. 2024)

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What is Kanabo Group Retained Earnings?

Kanabo Group STU:3WD Retained Earnings is €-26.14 Mil as of Jun. 2024.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Kanabo Group's retained earnings for the quarter that ended in Jun. 2024 was €-26.14 Mil.

Kanabo Group's quarterly retained earnings declined from Jun. 2023 (€-16.95 Mil) to Dec. 2023 (€-24.05 Mil) and declined from Dec. 2023 (€-24.05 Mil) to Jun. 2024 (€-26.14 Mil).

Kanabo Group's annual retained earnings declined from Dec. 2021 (€-7.94 Mil) to Dec. 2022 (€-15.64 Mil) and declined from Dec. 2022 (€-15.64 Mil) to Dec. 2023 (€-24.05 Mil).


Kanabo Group  (STU:3WD) 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.


Kanabo Group Retained Earnings Historical Data

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The historical data trend for Kanabo Group'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.

Kanabo Group Retained Earnings Chart

Kanabo Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial -0.84 -3.33 -7.94 -15.64 -24.05

Kanabo Group Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -12.22 -15.64 -16.95 -24.05 -26.14

Kanabo Group 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 €-26.14 Mil mean?
Kanabo Group (STU:3WD) has a Retained Earnings of €-26.14 Mil as of Jun. 2024. Retained earnings is the amount of net income not issued to shareholders. View historical data on Kanabo Group and its competitors.
Is Kanabo Group's Retained Earnings too high?
Kanabo Group's current Retained Earnings is €-26.14 Mil.
How does Kanabo Group's Retained Earnings compare to HCA and THC?
Kanabo Group's Retained Earnings of €-26.14 Mil can be compared against companies in the Healthcare Providers & Services 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 Healthcare Providers & Services company?
A good Retained Earnings depends on the Healthcare Providers & Services 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 Kanabo Group and its competitors. Kanabo Group's current Retained Earnings is €-26.14 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kanabo Group stock overvalued right now?
Kanabo Group (STU:3WD) has a current Retained Earnings of €-26.14 Mil. The current Retained Earnings is €-26.14 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 Kanabo Group (STU:3WD), the current Retained Earnings is €-26.14 Mil as of Jun. 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.

Kanabo Group Business Description

Address 137-139 Brent Street, Churchill House, London, GBR, NW4 4DJ
Kanabo Group PLC is a research and development company engaged in selling a range of THC-Free retail CBD products in the markets and it is in the process of developing medical cannabis products. Its reportable segments include Primary Care and Secondary Care. The Primary Care segment, which derives key revenue, includes Tele pharma services provided by GPS and The Secondary Care segment includes the development and distribution of cannabis-derived medical and wellness products. Geographically company has a presence in the United Kingdom and Israel.