MTL Cannabis (STU:J4E) Retained Earnings : €-0.78 Mil (As of Sep. 2023)

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What is MTL Cannabis Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. MTL Cannabis's retained earnings for the quarter that ended in Sep. 2023 was €-0.78 Mil.

MTL Cannabis's quarterly retained earnings declined from Mar. 2023 (€0.98 Mil) to Jun. 2023 (€0.86 Mil) and declined from Jun. 2023 (€0.86 Mil) to Sep. 2023 (€-0.78 Mil).

MTL Cannabis's annual retained earnings increased from Mar. 2021 (€0.96 Mil) to Mar. 2022 (€2.61 Mil) but then declined from Mar. 2022 (€2.61 Mil) to Mar. 2023 (€0.98 Mil).

MTL Cannabis Retained Earnings Historical Data

The historical data trend for MTL 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.

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MTL Cannabis Retained Earnings Chart

MTL Cannabis Annual Data

Trend

Mar21

Mar22

Mar23

Retained Earnings

0.96

2.61

0.98

MTL Cannabis Quarterly Data
	Mar21	Mar22	Jun22	Sep22	Mar23	Jun23	Sep23	Dec23
Retained Earnings	Get a 7-Day Free Trial			-	0.98	0.86	-0.78	-

MTL 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.

MTL Cannabis (STU:J4E) 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.

MTL Cannabis (STU:J4E) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » MTL Cannabis Corp (STU:J4E) » Definitions » Retained Earnings

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Traded in Other Exchanges

J4E:Germany MTLC:Canada

Address

1773 Bayly Street, Pickering, ON, CAN, L1W 2Y7

Website

https://www.mtlcannabis.ca

MTL Cannabis Corp is a flower-first company built for the modern street, MTL Cannabis uses proprietary hydroponic growing methodologies supported by handcrafted techniques to produce products that are truly crafted for the masses. The company focuses on craft quality cannabis products, including lines of dried flower, pre-rolls and hash marketed under the MTL Cannabis, Low Key by MTL and R'belle brands for the Canadian market through nine distribution arrangements with various provincial cannabis distributors. It has also developed a number of export channels for bulk and unbranded GACP quality cannabis.

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