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Grown Rogue International (XCNQ:GRIN) Retained Earnings : C$-47.26 Mil (As of Sep. 2024)


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What is Grown Rogue International Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Grown Rogue International's retained earnings for the quarter that ended in Sep. 2024 was C$-47.26 Mil.

Grown Rogue International's quarterly retained earnings declined from Mar. 2024 (C$-33.23 Mil) to Jun. 2024 (C$-47.67 Mil) but then increased from Jun. 2024 (C$-47.67 Mil) to Sep. 2024 (C$-47.26 Mil).

Grown Rogue International's annual retained earnings declined from Oct. 2020 (C$-25.64 Mil) to Oct. 2021 (C$-27.11 Mil) and declined from Oct. 2021 (C$-27.11 Mil) to Oct. 2022 (C$-29.24 Mil).


Grown Rogue International Retained Earnings Historical Data

The historical data trend for Grown Rogue International'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.

* Premium members only.

Grown Rogue International Retained Earnings Chart

Grown Rogue International Annual Data
Trend Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Oct19 Oct20 Oct21 Oct22
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -32.34 -22.57 -25.64 -27.11 -29.24

Grown Rogue International Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Mar24 Jun24 Sep24
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 -24.96 -28.79 -33.23 -47.67 -47.26

Grown Rogue International 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.


Grown Rogue International  (XCNQ:GRIN) 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.


Grown Rogue International Business Description

Traded in Other Exchanges
Address
550 Airport Road, Medford, OR, USA, 97504
Grown Rogue International Inc is engaged in the business of growing and selling cannabis products. Its primary cannabis product produced and sold is cannabis flower. Geographically, the company generates a majority of its revenue from the United States.
Executives
Abhilash Patel Director
Lp Bengal Catalyst Fund 10% Security Holder
Stephen Mark Gledhill Director
Jakob Iotte Senior Officer
Adam Michael Barnard August Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
J. Obie Strickler 10% Security Holder, Director, Senior Officer
Sean Kenneth Conacher Director
Tom L. Fortner Senior Officer
Robert John Rigg Senior Officer
Jacques Habra Senior Officer