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EverGen Infrastructure (TSXV:EVGN) Retained Earnings : C$-14.79 Mil (As of Sep. 2024)


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What is EverGen Infrastructure Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. EverGen Infrastructure's retained earnings for the quarter that ended in Sep. 2024 was C$-14.79 Mil.

EverGen Infrastructure's quarterly retained earnings declined from Mar. 2024 (C$-13.72 Mil) to Jun. 2024 (C$-14.46 Mil) and declined from Jun. 2024 (C$-14.46 Mil) to Sep. 2024 (C$-14.79 Mil).

EverGen Infrastructure's annual retained earnings declined from Dec. 2021 (C$-4.19 Mil) to Dec. 2022 (C$-7.96 Mil) and declined from Dec. 2022 (C$-7.96 Mil) to Dec. 2023 (C$-12.37 Mil).


EverGen Infrastructure Retained Earnings Historical Data

The historical data trend for EverGen Infrastructure'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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EverGen Infrastructure Retained Earnings Chart

EverGen Infrastructure Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Retained Earnings
-2.23 -4.19 -7.96 -12.37

EverGen Infrastructure Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -10.72 -12.37 -13.72 -14.46 -14.79

EverGen Infrastructure 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.


EverGen Infrastructure  (TSXV:EVGN) 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.


EverGen Infrastructure Business Description

Traded in Other Exchanges
Address
1050 Homer Street, Suite 390, Vancouver, BC, CAN, V6B 2W9
EverGen Infrastructure Corp is focused on combating climate change and helping communities contribute to a carbon-free future by developing a Renewable Natural Gas Infrastructure Platform, starting on the West Coast of Canada in British Columbia. The company manages three organic waste facilities and two renewable natural gas (RNG) facilities.
Executives
Ford Nicholson Director
Mischa Zajtmann Senior Officer
Hennessy Sean Senior Officer
Christopher Chase Edgelow Director, Senior Officer