WFTSF (Wavefront Technology Solutions) Retained Earnings: $-60.63 Mil (As of May. 2022)


WFTSF Wavefront Technology Solutions Inc WFTSF
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What is Wavefront Technology Solutions Retained Earnings?

Wavefront Technology Solutions WFTSF -99.00% 12 Retained Earnings is $-60.63 Mil as of May. 2022. GuruFocus rates WFTSF with a GF Score™ of 12/100.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Wavefront Technology Solutions's retained earnings for the quarter that ended in May. 2022 was $-60.63 Mil.

Wavefront Technology Solutions's quarterly retained earnings increased from Nov. 2021 ($-61.30 Mil) to Feb. 2022 ($-60.94 Mil) and increased from Feb. 2022 ($-60.94 Mil) to May. 2022 ($-60.63 Mil).

Wavefront Technology Solutions's annual retained earnings declined from Aug. 2019 ($-56.07 Mil) to Aug. 2020 ($-56.76 Mil) and declined from Aug. 2020 ($-56.76 Mil) to Aug. 2021 ($-60.69 Mil).


Wavefront Technology Solutions  (OTCPK:WFTSF) 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.


Wavefront Technology Solutions Retained Earnings Historical Data

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The historical data trend for Wavefront Technology Solutions'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.

Wavefront Technology Solutions Retained Earnings Chart

Wavefront Technology Solutions Annual Data
Trend Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -57.27 -56.73 -56.07 -56.76 -60.69

Wavefront Technology Solutions Quarterly Data
Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22
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 -62.85 -60.69 -61.30 -60.94 -60.63
WFTSF
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Wavefront Technology Solutions Inc WFTSF
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Wavefront Technology Solutions 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 $-60.63 Mil mean?
Wavefront Technology Solutions (WFTSF) has a Retained Earnings of $-60.63 Mil as of May. 2022. Retained earnings is the amount of net income not issued to shareholders. View historical data on Wavefront Technology Solutions and its competitors.
Is Wavefront Technology Solutions' Retained Earnings too high?
Wavefront Technology Solutions' current Retained Earnings is $-60.63 Mil. Overall, Wavefront Technology Solutions has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Wavefront Technology Solutions' Retained Earnings compare to VYEY and ENSV?
Wavefront Technology Solutions' Retained Earnings of $-60.63 Mil can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Retained Earnings depends on the Oil & Gas 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 Wavefront Technology Solutions and its competitors. Wavefront Technology Solutions's current Retained Earnings is $-60.63 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wavefront Technology Solutions stock overvalued right now?
Wavefront Technology Solutions (WFTSF) has a current Retained Earnings of $-60.63 Mil. The current Retained Earnings is $-60.63 Mil. Wavefront Technology Solutions' overall GF Score™ is 12/100. 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 Wavefront Technology Solutions (WFTSF), the current Retained Earnings is $-60.63 Mil as of May. 2022. 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.

Wavefront Technology Solutions Business Description

Industry EnergyOil & Gas
Address 5621 70 Street NW, Edmonton, AB, CAN, T6B 3P6
Wavefront Technology Solutions Inc is a technology-based oil field service provider that offers the oil and gas industry proprietary, technology for oil and gas well stimulation and applications related to IOR/EOR recovery.
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