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Critical Control Energy Services (TSX:CCZ.PR.A.PFD) Retained Earnings : C$-35.09 Mil (As of Jun. 2019)


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What is Critical Control Energy Services Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Critical Control Energy Services's retained earnings for the quarter that ended in Jun. 2019 was C$-35.09 Mil.

Critical Control Energy Services's quarterly retained earnings declined from Dec. 2018 (C$-34.15 Mil) to Mar. 2019 (C$-34.92 Mil) and declined from Mar. 2019 (C$-34.92 Mil) to Jun. 2019 (C$-35.09 Mil).

Critical Control Energy Services's annual retained earnings declined from Dec. 2016 (C$-11.31 Mil) to Dec. 2017 (C$-14.74 Mil) and declined from Dec. 2017 (C$-14.74 Mil) to Dec. 2018 (C$-34.15 Mil).


Critical Control Energy Services Retained Earnings Historical Data

The historical data trend for Critical Control Energy Services'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.

Critical Control Energy Services Retained Earnings Chart

Critical Control Energy Services Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.68 -9.32 -11.31 -14.74 -34.15

Critical Control Energy Services Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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 -16.31 -29.60 -34.15 -34.92 -35.09

Critical Control Energy Services 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.


Critical Control Energy Services  (TSX:CCZ.PR.A.PFD) 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.


Critical Control Energy Services Business Description

Traded in Other Exchanges
N/A
Address
800, 140 - 10th Avenue SE, Calgary, AB, CAN, T2G 0R1
Critical Control Energy Services Corp is engaged in the business of providing solutions for the collection, control, and analysis of measurement and operational data related to oil and gas wells across North America. It provides services to capture data, cloud-based software to visualize and manage it, and business intelligence to make operational decisions. The reportable segments of the company are Software and Field Services. The Software business provides cloud-based software and software-based services to its upstream and midstream oil and gas clients. The Field Services business provides gas measurement field services, gas and liquid laboratory services, fabrication and other services to its upstream and midstream oil and gas clients. It has business operations in the US and Canada.

Critical Control Energy Services Headlines

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