WOEN (Wolf Energy Services) Retained Earnings: $-17.18 Mil (As of Jun. 2023)

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What is Wolf Energy Services Retained Earnings?

Wolf Energy Services WOEN Retained Earnings is $-17.18 Mil as of Jun. 2023.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Wolf Energy Services's retained earnings for the quarter that ended in Jun. 2023 was $-17.18 Mil.

Wolf Energy Services's quarterly retained earnings declined from Dec. 2022 ($-9.05 Mil) to Mar. 2023 ($-16.03 Mil) and declined from Mar. 2023 ($-16.03 Mil) to Jun. 2023 ($-17.18 Mil).

Wolf Energy Services's annual retained earnings increased from . 20 ($0.00 Mil) to Mar. 2022 ($-2.76 Mil) but then declined from Mar. 2022 ($-2.76 Mil) to Mar. 2023 ($-16.03 Mil).

Wolf Energy Services  (OTCPK:WOEN) 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.

Wolf Energy Services Retained Earnings Historical Data

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The historical data trend for Wolf Energy Services'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.

Wolf Energy Services Retained Earnings Chart

Wolf Energy Services Annual Data
Trend Mar22 Mar23
Retained Earnings
-2.76 -16.03

Wolf Energy Services Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Retained Earnings Get a 7-Day Free Trial 0.00 -8.58 -9.05 -16.03 -17.18

Wolf Energy Services 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 $-17.18 Mil mean?
Wolf Energy Services (WOEN) has a Retained Earnings of $-17.18 Mil as of Jun. 2023. Retained earnings is the amount of net income not issued to shareholders. View historical data on Wolf Energy Services and its competitors.
Is Wolf Energy Services' Retained Earnings too high?
Wolf Energy Services' current Retained Earnings is $-17.18 Mil.
How does Wolf Energy Services' Retained Earnings compare to TLSS and ODFL?
Wolf Energy Services' Retained Earnings of $-17.18 Mil can be compared against companies in the Transportation 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 Transportation company?
A good Retained Earnings depends on the Transportation 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 Wolf Energy Services and its competitors. Wolf Energy Services's current Retained Earnings is $-17.18 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wolf Energy Services stock overvalued right now?
Wolf Energy Services (WOEN) has a current Retained Earnings of $-17.18 Mil. The current Retained Earnings is $-17.18 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 Wolf Energy Services (WOEN), the current Retained Earnings is $-17.18 Mil as of Jun. 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.

Wolf Energy Services Business Description

Address 408 State Highway 135N, Kilgore, TX, USA, 75662
Wolf Energy Services Inc, through its wholly-owned subsidiary, provides transportation of frac sand and logistics services to hydraulic fracturing and drilling operations. Capstone procures and finances equipment for oilfield transportation service contractors. It operates in the transportation and logistics services business serving hydraulic fracking companies and assisting in their operations through Banner. The Company operates through Banner Midstream which has two operating subsidiaries: Pinnacle Frac Transport LLC and Capstone Equipment Leasing LLC.