WNFT (Worldwide NFT) Retained Earnings: $-21.06 Mil (As of Dec. 2023)


What is Worldwide NFT Retained Earnings?

Worldwide NFT WNFT -17.65% Retained Earnings is $-21.06 Mil as of Dec. 2023.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Worldwide NFT's retained earnings for the quarter that ended in Dec. 2023 was $-21.06 Mil.

Worldwide NFT's quarterly retained earnings declined from Jun. 2023 ($-20.94 Mil) to Sep. 2023 ($-21.03 Mil) and declined from Sep. 2023 ($-21.03 Mil) to Dec. 2023 ($-21.06 Mil).

Worldwide NFT's annual retained earnings declined from Jun. 2021 ($-0.78 Mil) to Jun. 2022 ($-20.84 Mil) and declined from Jun. 2022 ($-20.84 Mil) to Jun. 2023 ($-20.94 Mil).

Worldwide NFT  (OTCPK:WNFT) 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.

Worldwide NFT Retained Earnings Historical Data

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The historical data trend for Worldwide NFT'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.

Worldwide NFT Retained Earnings Chart

Worldwide NFT Annual Data
Trend Jun12 Jun21 Jun22 Jun23
Retained Earnings
-0.03 -0.78 -20.84 -20.94

Worldwide NFT Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -20.91 -20.92 -20.94 -21.03 -21.06

Worldwide NFT 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 $-21.06 Mil mean?
Worldwide NFT (WNFT) has a Retained Earnings of $-21.06 Mil as of Dec. 2023. Retained earnings is the amount of net income not issued to shareholders. View historical data on Worldwide NFT and its competitors.
Is Worldwide NFT's Retained Earnings too high?
Worldwide NFT's current Retained Earnings is $-21.06 Mil.
How does Worldwide NFT's Retained Earnings compare to BSLK and GPLB?
Worldwide NFT's Retained Earnings of $-21.06 Mil can be compared against companies in the Diversified Financial Services 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 Diversified Financial Services company?
A good Retained Earnings depends on the Diversified Financial Services 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 Worldwide NFT and its competitors. Worldwide NFT's current Retained Earnings is $-21.06 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Worldwide NFT stock overvalued right now?
Worldwide NFT (WNFT) has a current Retained Earnings of $-21.06 Mil. The current Retained Earnings is $-21.06 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 Worldwide NFT (WNFT), the current Retained Earnings is $-21.06 Mil as of Dec. 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.

Worldwide NFT Business Description

Address 3535 Executive Terminal Drive, Suite 150, Henderson, NV, USA, 89052
Worldwide NFT Inc is a shell company.