TORVF (Volt Carbon Technologies) Retained Earnings: $-24.36 Mil (As of Apr. 2026)

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What is Volt Carbon Technologies Retained Earnings?

Volt Carbon Technologies TORVF +17.65% Retained Earnings is $-24.36 Mil as of Apr. 2026.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Volt Carbon Technologies's retained earnings for the quarter that ended in Apr. 2026 was $-24.36 Mil.

Volt Carbon Technologies's quarterly retained earnings declined from Oct. 2025 ($-23.55 Mil) to Jan. 2026 ($-24.09 Mil) and declined from Jan. 2026 ($-24.09 Mil) to Apr. 2026 ($-24.36 Mil).

Volt Carbon Technologies's annual retained earnings declined from Oct. 2023 ($-21.68 Mil) to Oct. 2024 ($-22.94 Mil) and declined from Oct. 2024 ($-22.94 Mil) to Oct. 2025 ($-23.55 Mil).

Volt Carbon Technologies  (OTCPK:TORVF) 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.

Volt Carbon Technologies Retained Earnings Historical Data

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The historical data trend for Volt Carbon Technologies'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.

Volt Carbon Technologies Retained Earnings Chart

Volt Carbon Technologies Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -20.57 -20.55 -21.68 -22.94 -23.55

Volt Carbon Technologies Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 -23.09 -23.75 -23.55 -24.09 -24.36

Volt Carbon Technologies 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 $-24.36 Mil mean?
Volt Carbon Technologies (TORVF) has a Retained Earnings of $-24.36 Mil as of Apr. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Volt Carbon Technologies and its competitors.
Is Volt Carbon Technologies' Retained Earnings too high?
Volt Carbon Technologies' current Retained Earnings is $-24.36 Mil.
How does Volt Carbon Technologies' Retained Earnings compare to competitors?
Volt Carbon Technologies' Retained Earnings of $-24.36 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Retained Earnings depends on the Metals & Mining 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 Volt Carbon Technologies and its competitors. Volt Carbon Technologies's current Retained Earnings is $-24.36 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Volt Carbon Technologies stock overvalued right now?
Volt Carbon Technologies (TORVF) has a current Retained Earnings of $-24.36 Mil. The current Retained Earnings is $-24.36 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 Volt Carbon Technologies (TORVF), the current Retained Earnings is $-24.36 Mil as of Apr. 2026. 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.

Volt Carbon Technologies Business Description

Other Exchanges VCT:Canada
Address 70 Country Hills Landing NW, Suite 117, Calgary, AB, CAN, T3K 2L2
Volt Carbon Technologies Inc is engaged in the exploration of mineral properties. The company has two operating segments. The mineral exploration segment focus on the acquisition and exploration of property interests that are considered potential sites of economic mineralization. The research and development segment, that generates maximum revenue, focuses on the scientific study and technology applications for air classifier and battery development.