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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Diamond Estates Wines & Spirits's retained earnings for the quarter that ended in Dec. 2025 was C$-34.98 Mil.
Diamond Estates Wines & Spirits's quarterly retained earnings
declined
from Jun. 2025 (C$-34.83 Mil) to Sep. 2025 (C$-34.85 Mil) and
declined
from Sep. 2025 (C$-34.85 Mil) to Dec. 2025 (C$-34.98 Mil).
Diamond Estates Wines & Spirits's annual retained earnings
declined
from Mar. 2023 (C$-22.08 Mil) to Mar. 2024 (C$-32.74 Mil) and
declined
from Mar. 2024 (C$-32.74 Mil) to Mar. 2025 (C$-35.20 Mil).
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.
Diamond Estates Wines & Spirits Retained Earnings Historical Data
* 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.
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.
What does a Retained Earnings of C$-34.98 Mil mean?
Diamond Estates Wines & Spirits (TSXV:DWS) has a Retained Earnings of C$-34.98 Mil as of Dec. 2025. Retained earnings is the amount of net income not issued to shareholders. View historical data on Diamond Estates Wines & Spirits and its competitors.
Is Diamond Estates Wines & Spirits' Retained Earnings too high?
Diamond Estates Wines & Spirits' current Retained Earnings is C$-34.98 Mil. Overall, Diamond Estates Wines & Spirits has a GF Score™ of 43/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Diamond Estates Wines & Spirits' Retained Earnings compare to BF.B?
Diamond Estates Wines & Spirits' Retained Earnings of C$-34.98 Mil can be compared against companies in the Beverages - Alcoholic industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Beverages - Alcoholic company?
A good Retained Earnings depends on the Beverages - Alcoholic industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Diamond Estates Wines & Spirits and its competitors. Diamond Estates Wines & Spirits's current Retained Earnings is C$-34.98 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Diamond Estates Wines & Spirits stock overvalued right now?
Based on GuruFocus' analysis, Diamond Estates Wines & Spirits (TSXV:DWS) is currently considered Modestly Overvalued. The stock's GF Value™ is C$0.13, compared to a current price of C$0.15 — trading 11.5% above its estimated fair value. The current Retained Earnings is C$-34.98 Mil. Diamond Estates Wines & Spirits' overall GF Score™ is 43/100 with 4 warning signs to review. 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 Diamond Estates Wines & Spirits (TSXV:DWS), the current Retained Earnings is C$-34.98 Mil as of Dec. 2025. 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.
Is Diamond Estates Wines & Spirits (TSXV:DWS) Overvalued in 2026?
Based on GuruFocus' analysis, Diamond Estates Wines & Spirits stock appears to be overvalued.
The current stock price of C$0.15 is trading 11.5% above its estimated GF Value™ of C$0.13.
GuruFocus considers Diamond Estates Wines & Spirits to be Modestly Overvalued.
Key valuation signals for TSXV:DWS:
Retained Earnings: C$-34.98 Mil
GF Value™: C$0.13 vs. price of C$0.15 (11.5% above fair value)
No single metric tells the full story. See the TSXV:DWS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Diamond Estates Wines & Spirits Business Description
Diamond Estates Wines & Spirits Inc is a Canada-based firm engaged in the production, marketing, and sale of wine and through its agency division, operating as Trajectory Beverage Partners, distribution and marketing activities for various beverage alcohol brands that it represents in Canada. Its operating segments are Distribution and sales of products represented in Canada under agency agreements with third parties, and sales of manufactured wines. The company generates a majority of its revenue from the sale of wines.
43GF Score
Get the complete analysis for TSXV:DWS
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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