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Functional Technologies (TSXV:FEB.H) Retained Earnings : C$-31.85 Mil (As of Aug. 2012)


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What is Functional Technologies Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Functional Technologies's retained earnings for the quarter that ended in Aug. 2012 was C$-31.85 Mil.

Functional Technologies's quarterly retained earnings declined from Aug. 2010 (C$-14.31 Mil) to Aug. 2011 (C$-19.21 Mil) and declined from Aug. 2011 (C$-19.21 Mil) to Aug. 2012 (C$-31.85 Mil).

Functional Technologies's annual retained earnings declined from Aug. 2010 (C$-14.31 Mil) to Aug. 2011 (C$-19.21 Mil) and declined from Aug. 2011 (C$-19.21 Mil) to Aug. 2012 (C$-31.85 Mil).


Functional Technologies Retained Earnings Historical Data

The historical data trend for Functional Technologies'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.

Functional Technologies Retained Earnings Chart

Functional Technologies Annual Data
Trend Aug03 Aug04 Aug05 Aug06 Aug07 Aug08 Aug09 Aug10 Aug11 Aug12
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.47 -10.78 -14.31 -19.21 -31.85

Functional Technologies Semi-Annual Data
Aug01 Aug02 Aug03 Aug04 Aug05 Aug06 Aug07 Aug08 Aug09 Aug10 Aug11 Aug12
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -7.47 -10.78 -14.31 -19.21 -31.85

Functional Technologies 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.


Functional Technologies  (TSXV:FEB.H) 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.


Functional Technologies (TSXV:FEB.H) Business Description

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Functional Technologies Corp is incorporated under the corporate laws of British Columbia, Canada on October 18, 1999. The Company is a functional foods and biological health products company that is developing and commercializing advanced yeast products and other novel biological products for the food and health care industry. The company develops and commercializes proprietary, advanced yeast-based solutions to significant challenges in the food, beverage and healthcare industries, for which viable solutions are lacking. The Company's platform technologies improve the performance of innate yeast functions to primarily prevent the formation of naturally occurring toxins and contaminants that either affect final product quality or are classified by various global agencies as dangerous substances (e.g. carcinogens, neurotoxicants or reproductive toxicants). The Company operates in three geographic regions: Canada, Europe and the United States.

Functional Technologies (TSXV:FEB.H) Headlines

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