HEXO (TSX:HEXO) Retained Earnings : C$-2,014.3 Mil (As of Apr. 2023)

View and export this data going back to 2014. Start your Free Trial

What is HEXO Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. HEXO's retained earnings for the quarter that ended in Apr. 2023 was C$-2,014.3 Mil.

HEXO's quarterly retained earnings increased from Oct. 2022 (C$-1,897.8 Mil) to Jan. 2023 (C$-1,897.1 Mil) but then declined from Jan. 2023 (C$-1,897.1 Mil) to Apr. 2023 (C$-2,014.3 Mil).

HEXO's annual retained earnings declined from Jul. 2020 (C$-659.2 Mil) to Jul. 2021 (C$-774.0 Mil) and declined from Jul. 2021 (C$-774.0 Mil) to Jul. 2022 (C$-1,841.6 Mil).

HEXO Retained Earnings Historical Data

The historical data trend for HEXO'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.

HEXO Retained Earnings Chart

HEXO Annual Data

Trend

Sep14

Sep15

Sep16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Retained Earnings

Get a 7-Day Free Trial

-43.13

-112.74

-659.23

-773.99

-1,841.58

HEXO Quarterly Data
	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23
Retained Earnings	Get a 7-Day Free Trial															-1,741.40	-1,841.58	-1,897.84	-1,897.12	-2,014.33

HEXO 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.

HEXO (TSX:HEXO) 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.

HEXO (TSX:HEXO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » HEXO Corp (TSX:HEXO) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

N/A

Address

120 de la Rive Road, Gatineau, QC, CAN, J8M 1V2

Website

https://www.hexocorp.com

HEXO Corp is engaged in producing and selling cannabis and cannabis products. The company is focused on smoke-free and traditional cannabis products. The firm's products include dried flowers, oils, and vapes. It generates its revenue from various sources such as Beverage Based Adult-Use Sales, Medical, Wholesale and International sales.