Jack Nathan Medical (TSXV:JNH) Retained Earnings: C$-30.31 Mil (As of Oct. 2023)

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What is Jack Nathan Medical Retained Earnings?

Jack Nathan Medical TSXV:JNH Retained Earnings is C$-30.31 Mil as of Oct. 2023.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Jack Nathan Medical's retained earnings for the quarter that ended in Oct. 2023 was C$-30.31 Mil.

Jack Nathan Medical's quarterly retained earnings declined from Apr. 2023 (C$0.00 Mil) to Jul. 2023 (C$-28.25 Mil) and declined from Jul. 2023 (C$-28.25 Mil) to Oct. 2023 (C$-30.31 Mil).

Jack Nathan Medical's annual retained earnings declined from Jan. 2021 (C$-11.00 Mil) to Jan. 2022 (C$-19.02 Mil) but then increased from Jan. 2022 (C$-19.02 Mil) to Jan. 2023 (C$0.00 Mil).

Jack Nathan Medical  (TSXV:JNH) 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.

Jack Nathan Medical Retained Earnings Historical Data

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The historical data trend for Jack Nathan Medical'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.

Jack Nathan Medical Retained Earnings Chart

Jack Nathan Medical Annual Data
Trend Dec18 Dec19 Jan20 Jan21 Jan22 Jan23
Retained Earnings
Get a 7-Day Free Trial -0.21 -1.09 -11.00 -19.02 0.00

Jack Nathan Medical Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only -22.50 0.00 0.00 -28.25 -30.31

Jack Nathan Medical 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$-30.31 Mil mean?
Jack Nathan Medical (TSXV:JNH) has a Retained Earnings of C$-30.31 Mil as of Oct. 2023. Retained earnings is the amount of net income not issued to shareholders. View historical data on Jack Nathan Medical and its competitors.
Is Jack Nathan Medical's Retained Earnings too high?
Jack Nathan Medical's current Retained Earnings is C$-30.31 Mil.
How does Jack Nathan Medical's Retained Earnings compare to HCA and UHS?
Jack Nathan Medical's Retained Earnings of C$-30.31 Mil can be compared against companies in the Healthcare Providers & Services 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 Healthcare Providers & Services company?
A good Retained Earnings depends on the Healthcare Providers & Services 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 Jack Nathan Medical and its competitors. Jack Nathan Medical's current Retained Earnings is C$-30.31 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jack Nathan Medical stock overvalued right now?
Jack Nathan Medical (TSXV:JNH) has a current Retained Earnings of C$-30.31 Mil. The current Retained Earnings is C$-30.31 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Jack Nathan Medical (TSXV:JNH), the current Retained Earnings is C$-30.31 Mil as of Oct. 2023. 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.

Jack Nathan Medical Business Description

Address 6 - 6150 Highway 7, Suite 491, Jack Nathan Health, Woodbridge, ON, CAN, L4H 0R6
Jack Nathan Medical Corp is a provider of primary care medical clinics located in Walmart Supercentres under the Jack Nathan Health brand. The company designs, builds and sets barrier-free medical clinics for physicians in high-density centers, providing patients with an opportunity to receive immediate access to quality care in modern facilities.