VXIT (VirExit Technologies) Retained Earnings: $-13.07 Mil (As of May. 2019)

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What is VirExit Technologies Retained Earnings?

VirExit Technologies VXIT +4.29% Retained Earnings is $-13.07 Mil as of May. 2019.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. VirExit Technologies's retained earnings for the quarter that ended in May. 2019 was $-13.07 Mil.

VirExit Technologies's quarterly retained earnings declined from Nov. 2018 ($-11.96 Mil) to Feb. 2019 ($-12.03 Mil) and declined from Feb. 2019 ($-12.03 Mil) to May. 2019 ($-13.07 Mil).

VirExit Technologies's annual retained earnings declined from Aug. 2016 ($-8.25 Mil) to Aug. 2017 ($-9.79 Mil) and declined from Aug. 2017 ($-9.79 Mil) to Aug. 2018 ($-11.60 Mil).

VirExit Technologies  (OTCPK:VXIT) 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.

VirExit Technologies Retained Earnings Historical Data

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The historical data trend for VirExit 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.

VirExit Technologies Retained Earnings Chart

VirExit Technologies Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18
Retained Earnings
-5.23 -7.38 -8.25 -9.79 -11.60

VirExit Technologies Quarterly Data
Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19
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 -11.07 -11.60 -11.96 -12.03 -13.07

VirExit 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 $-13.07 Mil mean?
VirExit Technologies (VXIT) has a Retained Earnings of $-13.07 Mil as of May. 2019. Retained earnings is the amount of net income not issued to shareholders. View historical data on VirExit Technologies and its competitors.
Is VirExit Technologies' Retained Earnings too high?
VirExit Technologies' current Retained Earnings is $-13.07 Mil.
How does VirExit Technologies' Retained Earnings compare to RIHT and GEQU?
VirExit Technologies' Retained Earnings of $-13.07 Mil can be compared against companies in the Utilities - Independent Power Producers 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 - Independent Power Producers company?
A good Retained Earnings depends on the Utilities - Independent Power Producers 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 VirExit Technologies and its competitors. VirExit Technologies's current Retained Earnings is $-13.07 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VirExit Technologies stock overvalued right now?
VirExit Technologies (VXIT) has a current Retained Earnings of $-13.07 Mil. The current Retained Earnings is $-13.07 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 VirExit Technologies (VXIT), the current Retained Earnings is $-13.07 Mil as of May. 2019. 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.

VirExit Technologies Business Description

Address 1280 Lexington Avenue, FRNT 2 No.1292, New York, NY, USA, 10028
VirExit Technologies Inc is established as a renewable energy company, incubating solar technologies to establish electrification, education, connectivity, and media distribution infrastructures in rural communities across the globe to empower the individual, community, and local economy.