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Reliq Health Technologies (TSXV:RHT) Retained Earnings : C$-69.99 Mil (As of Sep. 2022)


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What is Reliq Health Technologies Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Reliq Health Technologies's retained earnings for the quarter that ended in Sep. 2022 was C$-69.99 Mil.

Reliq Health Technologies's quarterly retained earnings declined from Mar. 2022 (C$-68.87 Mil) to Jun. 2022 (C$-69.87 Mil) and declined from Jun. 2022 (C$-69.87 Mil) to Sep. 2022 (C$-69.99 Mil).

Reliq Health Technologies's annual retained earnings declined from Jun. 2020 (C$-49.91 Mil) to Jun. 2021 (C$-61.70 Mil) and declined from Jun. 2021 (C$-61.70 Mil) to Jun. 2022 (C$-69.87 Mil).


Reliq Health Technologies Retained Earnings Historical Data

The historical data trend for Reliq Health 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.

Reliq Health Technologies Retained Earnings Chart

Reliq Health Technologies Annual Data
Trend Dec13 Dec14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -25.94 -38.79 -49.91 -61.70 -69.87

Reliq Health Technologies Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 -65.91 -68.06 -68.87 -69.87 -69.99

Reliq Health 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.


Reliq Health Technologies  (TSXV:RHT) 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.


Reliq Health Technologies (TSXV:RHT) Business Description

Traded in Other Exchanges
N/A
Address
175 Longwood Rd S., Suite 406A, Hamilton, ON, CAN, L8P 0A1
Reliq Health Technologies Inc specializes in developing Software-as-a-Service (SaaS) solutions for remote patient monitoring, telemedicine, and care collaboration. Reliq's IUGO health technology platform is a hardware and software solution that allows complex patients to receive high-quality care in the home, improving health outcomes, enhancing the quality of life for patients and families and reducing the cost of care delivery. The firm earns through the supply of mobile device management (MDM) solutions for mobile devices and subscriptions of the iUGO CARE platform to healthcare client. The firm is based in Canada.

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