Forward Water Technologies (TSXV:FWTC) Retained Earnings: C$-0.36 Mil (As of Sep. 2024)

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TSXV:FWTC Forward Water Technologies Corp TSXV:FWTC
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What is Forward Water Technologies Retained Earnings?

Forward Water Technologies TSXV:FWTC 10 Retained Earnings is C$-0.36 Mil as of Sep. 2024. GuruFocus rates TSXV:FWTC with a GF Score™ of 10/100.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Forward Water Technologies's retained earnings for the quarter that ended in Sep. 2024 was C$-0.36 Mil.

Forward Water Technologies's quarterly retained earnings declined from Mar. 2024 (C$-14.86 Mil) to Jun. 2024 (C$-15.13 Mil) but then increased from Jun. 2024 (C$-15.13 Mil) to Sep. 2024 (C$-0.36 Mil).

Forward Water Technologies's annual retained earnings declined from Mar. 2022 (C$-10.38 Mil) to Mar. 2023 (C$-12.67 Mil) and declined from Mar. 2023 (C$-12.67 Mil) to Mar. 2024 (C$-14.86 Mil).

Forward Water Technologies  (TSXV:FWTC) 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.

Forward Water Technologies Retained Earnings Historical Data

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The historical data trend for Forward Water 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.

Forward Water Technologies Retained Earnings Chart

Forward Water Technologies Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Retained Earnings
-6.20 -10.38 -12.67 -14.86

Forward Water Technologies Quarterly Data
Sep20 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 -13.62 -13.89 -14.86 -15.13 -0.36
TSXV:FWTC
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Forward Water Technologies Corp TSXV:FWTC
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Forward Water 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.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of C$-0.36 Mil mean?
Forward Water Technologies (TSXV:FWTC) has a Retained Earnings of C$-0.36 Mil as of Sep. 2024. Retained earnings is the amount of net income not issued to shareholders. View historical data on Forward Water Technologies and its competitors.
Is Forward Water Technologies' Retained Earnings too high?
Forward Water Technologies' current Retained Earnings is C$-0.36 Mil. Overall, Forward Water Technologies has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Forward Water Technologies' Retained Earnings compare to AWK and WTRG?
Forward Water Technologies' Retained Earnings of C$-0.36 Mil can be compared against companies in the Utilities - Regulated 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 an Utilities - Regulated company?
A good Retained Earnings depends on the Utilities - Regulated 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 Forward Water Technologies and its competitors. Forward Water Technologies's current Retained Earnings is C$-0.36 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forward Water Technologies stock overvalued right now?
Forward Water Technologies (TSXV:FWTC) has a current Retained Earnings of C$-0.36 Mil. The current Retained Earnings is C$-0.36 Mil. Forward Water Technologies' overall GF Score™ is 10/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Forward Water Technologies (TSXV:FWTC), the current Retained Earnings is C$-0.36 Mil as of Sep. 2024. 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.

Forward Water Technologies Business Description

Address 1086 Modeland Road, Sarnia, ON, CAN, N7S 6L2
Forward Water Technologies Corp operates as a waste water treatment company. Its principal activity is the commercialization of its proprietary forward osmosis technology. The company's technology allows businesses to clean their wastewater that would otherwise require costly disposal.
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