VIVXF (Avivagen) Retained Earnings: $-35.90 Mil (As of Jul. 2023)

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What is Avivagen Retained Earnings?

Avivagen VIVXF -99.00% Retained Earnings is $-35.90 Mil as of Jul. 2023.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Avivagen's retained earnings for the quarter that ended in Jul. 2023 was $-35.90 Mil.

Avivagen's quarterly retained earnings increased from Jan. 2023 ($-34.53 Mil) to Apr. 2023 ($-34.46 Mil) but then declined from Apr. 2023 ($-34.46 Mil) to Jul. 2023 ($-35.90 Mil).

Avivagen's annual retained earnings declined from Oct. 2020 ($-26.58 Mil) to Oct. 2021 ($-32.55 Mil) and declined from Oct. 2021 ($-32.55 Mil) to Oct. 2022 ($-33.02 Mil).

Avivagen  (OTCPK:VIVXF) 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.

Avivagen Retained Earnings Historical Data

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The historical data trend for Avivagen'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.

Avivagen Retained Earnings Chart

Avivagen Annual Data
Trend Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -20.30 -23.51 -26.58 -32.55 -33.02

Avivagen Quarterly Data
Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23
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 -34.04 -33.02 -34.53 -34.46 -35.90

Avivagen 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 $-35.90 Mil mean?
Avivagen (VIVXF) has a Retained Earnings of $-35.90 Mil as of Jul. 2023. Retained earnings is the amount of net income not issued to shareholders. View historical data on Avivagen and its competitors.
Is Avivagen's Retained Earnings too high?
Avivagen's current Retained Earnings is $-35.90 Mil.
How does Avivagen's Retained Earnings compare to DMKPQ and MJNE?
Avivagen's Retained Earnings of $-35.90 Mil can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Retained Earnings depends on the Drug Manufacturers 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 Avivagen and its competitors. Avivagen's current Retained Earnings is $-35.90 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avivagen stock overvalued right now?
Avivagen (VIVXF) has a current Retained Earnings of $-35.90 Mil. The current Retained Earnings is $-35.90 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 Avivagen (VIVXF), the current Retained Earnings is $-35.90 Mil as of Jul. 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.

Avivagen Business Description

Address 100 Sussex Drive, Ottawa, ON, CAN, K1A 0R6
Avivagen Inc OxC-beta technology is derived from Avivagen discoveries about Beta-carotene and other carotenoids, compounds that give certain fruits and vegetables their bright colours. Through support of immune function the technology provides a non-antibiotic means of promoting health and growth. OxCbeta Livestock is a proprietary product shown to be an effective and economic alternative to the antibiotics commonly added to livestock feeds. Avivagen's OxC-beta Livestock product is safe, effective and could fulfill the global mandate to remove all in-feed antibiotics as growth promoters.