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Craftport Cannabis (STU:BBW0) Retained Earnings : €-30.77 Mil (As of Sep. 2022)


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What is Craftport Cannabis Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Craftport Cannabis's retained earnings for the quarter that ended in Sep. 2022 was €-30.77 Mil.

Craftport Cannabis's quarterly retained earnings declined from Mar. 2022 (€-28.02 Mil) to Jun. 2022 (€-29.48 Mil) and declined from Jun. 2022 (€-29.48 Mil) to Sep. 2022 (€-30.77 Mil).

Craftport Cannabis's annual retained earnings declined from Dec. 2019 (€-12.34 Mil) to Dec. 2020 (€-18.07 Mil) and declined from Dec. 2020 (€-18.07 Mil) to Dec. 2021 (€-26.42 Mil).


Craftport Cannabis Retained Earnings Historical Data

The historical data trend for Craftport Cannabis'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.

Craftport Cannabis Retained Earnings Chart

Craftport Cannabis Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.46 -9.37 -12.34 -18.07 -26.42

Craftport Cannabis Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 -21.67 -26.42 -28.02 -29.48 -30.77

Craftport Cannabis 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.


Craftport Cannabis  (STU:BBW0) 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.


Craftport Cannabis (STU:BBW0) Business Description

Traded in Other Exchanges
N/A
Address
4715 Paradise Valley Drive, Peachland, BC, CAN, V0H 1X3
Craftport Cannabis Corp is a cannabis licensed producer based in British Columbia. The Company intends to focus on the Canadian premium craft cannabis recreational market by initially utilizing an asset light model. It intends to leverage legacy roots and know how in order to introduce unique genetics and strains to the Canadian market.

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