GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » MedBright AI Investments Inc (XCNQ:MBAI) » Definitions » Retained Earnings

MedBright AI Investments (XCNQ:MBAI) Retained Earnings : C$-16.58 Mil (As of Aug. 2024)


View and export this data going back to 2010. Start your Free Trial

What is MedBright AI Investments Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. MedBright AI Investments's retained earnings for the quarter that ended in Aug. 2024 was C$-16.58 Mil.

MedBright AI Investments's quarterly retained earnings declined from Feb. 2024 (C$-15.95 Mil) to May. 2024 (C$-16.27 Mil) and declined from May. 2024 (C$-16.27 Mil) to Aug. 2024 (C$-16.58 Mil).

MedBright AI Investments's annual retained earnings declined from Feb. 2022 (C$-8.36 Mil) to Feb. 2023 (C$-8.79 Mil) and declined from Feb. 2023 (C$-8.79 Mil) to Feb. 2024 (C$-15.95 Mil).


MedBright AI Investments Retained Earnings Historical Data

The historical data trend for MedBright AI Investments'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.

MedBright AI Investments Retained Earnings Chart

MedBright AI Investments Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.44 -7.16 -8.36 -8.79 -15.95

MedBright AI Investments Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 -15.61 -16.14 -15.95 -16.27 -16.58

MedBright AI Investments 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.


MedBright AI Investments  (XCNQ:MBAI) 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.


MedBright AI Investments Business Description

Traded in Other Exchanges
Address
409 Granville Street, Suite 1000, Vancouver, BC, CAN, V6C 1T2
MedBright AI Investments Inc is a capital allocator focusing on investing in healthcare technology companies.

MedBright AI Investments Headlines

No Headlines