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Clear Blue Technologies International (TSXV:CBLU) Retained Earnings : C$-36.82 Mil (As of Sep. 2023)


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What is Clear Blue Technologies International Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Clear Blue Technologies International's retained earnings for the quarter that ended in Sep. 2023 was C$-36.82 Mil.

Clear Blue Technologies International's quarterly retained earnings increased from Mar. 2023 (C$-34.21 Mil) to Jun. 2023 (C$0.00 Mil) but then declined from Jun. 2023 (C$0.00 Mil) to Sep. 2023 (C$-36.82 Mil).

Clear Blue Technologies International's annual retained earnings declined from Dec. 2020 (C$-24.56 Mil) to Dec. 2021 (C$-27.84 Mil) and declined from Dec. 2021 (C$-27.84 Mil) to Dec. 2022 (C$-33.59 Mil).


Clear Blue Technologies International Retained Earnings Historical Data

The historical data trend for Clear Blue Technologies International'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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Clear Blue Technologies International Retained Earnings Chart

Clear Blue Technologies International Annual Data
Trend Dec16 Apr17 Apr18 Dec19 Dec20 Dec21 Dec22
Retained Earnings
Get a 7-Day Free Trial -0.15 -20.74 -24.56 -27.84 -33.59

Clear Blue Technologies International Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -31.77 -33.59 -34.21 - -36.82

Clear Blue Technologies International 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.


Clear Blue Technologies International  (TSXV:CBLU) 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.


Clear Blue Technologies International (TSXV:CBLU) Business Description

Traded in Other Exchanges
Address
30 Lesmill Road, Unit 7, Toronto, ON, CAN, M3B 2T6
Clear Blue Technologies International Inc is engaged in the business of developing and selling Smart Off-Grid power solutions and management services to the power, control, monitor, manage, and proactively service solar and hybrid-powered systems such as street lights, security systems, telecommunications systems, emergency power, and Internet of Things (IoT) devices. The Company operates in three geographical areas: Canada, the United States of America, and the Middle East, and Africa.

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