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Olivier Ventures (TSXV:OVL) Retained Earnings : C$-27.67 Mil (As of Jan. 2024)


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What is Olivier Ventures Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Olivier Ventures's retained earnings for the quarter that ended in Jan. 2024 was C$-27.67 Mil.

Olivier Ventures's quarterly retained earnings declined from Jul. 2023 (C$-27.62 Mil) to Oct. 2023 (C$-27.65 Mil) and declined from Oct. 2023 (C$-27.65 Mil) to Jan. 2024 (C$-27.67 Mil).

Olivier Ventures's annual retained earnings declined from Jul. 2021 (C$-27.30 Mil) to Jul. 2022 (C$-27.47 Mil) and declined from Jul. 2022 (C$-27.47 Mil) to Jul. 2023 (C$-27.62 Mil).


Olivier Ventures Retained Earnings Historical Data

The historical data trend for Olivier Ventures'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.

Olivier Ventures Retained Earnings Chart

Olivier Ventures Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -26.95 -27.14 -27.30 -27.47 -27.62

Olivier Ventures Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -27.55 -27.58 -27.62 -27.65 -27.67

Olivier Ventures 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.


Olivier Ventures  (TSXV:OVL) 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.


Olivier Ventures (TSXV:OVL) Business Description

Traded in Other Exchanges
N/A
Address
1030 West Georgia Street, Suite 905, Vancouver, BC, CAN, V6E 2Y3
Olivier Ventures Inc is principally engaged in the acquisition, exploration, and development of oil and gas properties located in North America. The company owns an interest in Taber Property.

Olivier Ventures (TSXV:OVL) Headlines