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GreenPower Motor Company (STU:GRT1) Retained Earnings : €-66.44 Mil (As of Dec. 2023)


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What is GreenPower Motor Company Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. GreenPower Motor Company's retained earnings for the quarter that ended in Dec. 2023 was €-66.44 Mil.

GreenPower Motor Company's quarterly retained earnings declined from Jun. 2023 (€-58.66 Mil) to Sep. 2023 (€-63.54 Mil) and declined from Sep. 2023 (€-63.54 Mil) to Dec. 2023 (€-66.44 Mil).

GreenPower Motor Company's annual retained earnings declined from Mar. 2021 (€-26.57 Mil) to Mar. 2022 (€-42.09 Mil) and declined from Mar. 2022 (€-42.09 Mil) to Mar. 2023 (€-56.78 Mil).


GreenPower Motor Company Retained Earnings Historical Data

The historical data trend for GreenPower Motor Company'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.

GreenPower Motor Company Retained Earnings Chart

GreenPower Motor Company Annual Data
Trend Feb14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -16.56 -21.59 -26.57 -42.09 -56.78

GreenPower Motor Company Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -53.73 -56.78 -58.66 -63.54 -66.44

GreenPower Motor Company 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.


GreenPower Motor Company  (STU:GRT1) 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.


GreenPower Motor Company (STU:GRT1) Business Description

Traded in Other Exchanges
Address
209 Carrall Street, Suite 240, Vancouver, BC, CAN, V6B 2J2
GreenPower Motor Company Inc is the manufacturer and distributor of all-electric charter, school and city buses. The company offers electric-powered transit buses deploying electric drive and battery technologies with a lightweight chassis and low-floor body. Its product line includes All-electric transit buses and All-electric school and shuttle buses. The company's buses depend on clean sheet design and utilise a custom battery management system and a proprietary flex power system for the drive motors. The company operates in one reportable operating segment, being the manufacture and distribution of all-electric transit, school, and charter buses.

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