Charbone Hydrogen (TSXV:CH) Retained Earnings : C$-17.11 Mil (As of Sep. 2024)

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What is Charbone Hydrogen Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Charbone Hydrogen's retained earnings for the quarter that ended in Sep. 2024 was C$-17.11 Mil.

Charbone Hydrogen's quarterly retained earnings declined from Mar. 2024 (C$-15.77 Mil) to Jun. 2024 (C$-16.50 Mil) and declined from Jun. 2024 (C$-16.50 Mil) to Sep. 2024 (C$-17.11 Mil).

Charbone Hydrogen's annual retained earnings declined from Dec. 2021 (C$-4.64 Mil) to Dec. 2022 (C$-12.03 Mil) and declined from Dec. 2022 (C$-12.03 Mil) to Dec. 2023 (C$-15.22 Mil).

Charbone Hydrogen Retained Earnings Historical Data

The historical data trend for Charbone Hydrogen'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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Charbone Hydrogen Retained Earnings Chart

Charbone Hydrogen Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

-0.23

-0.61

-4.64

-12.03

-15.22

Charbone Hydrogen Quarterly Data
	Dec19	Sep20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Retained Earnings	Get a 7-Day Free Trial												-14.24	-15.22	-15.77	-16.50	-17.11

Charbone Hydrogen 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.

Charbone Hydrogen (TSXV:CH) 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.

Charbone Hydrogen Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Charbone Hydrogen Corp (TSXV:CH) » Definitions » Retained Earnings

Traded in Other Exchanges

CHHYF:USA K47:Germany

Address

5005 Boul. Lapiniere, Suite 1080, Brossard, QC, CAN, J4Z 0N5

Website

https://www.charbone.com

Charbone Hydrogen Corp is a Canadian green hydrogen group established in North America. The Company develops modular and expandable hydrogen facilities. Through the acquisition of hydropower plants in the United States of America and Canada, Charbone will be able to produce green dihydrogen molecules using reliable and sustainable energy to distinguish itself as a provider of an environmentally friendly solution for industrial and commercial enterprises. The company operates in a single sector, which is small-scale hydroelectric power generation in North America.

Executives

Daniel Charette

Director or Senior Officer of 10% Security Holder, Senior Officer

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