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Origin Therapeutics Holdings (XCNQ:ORIG) Retained Earnings : C$-4.64 Mil (As of Jun. 2023)


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What is Origin Therapeutics Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Origin Therapeutics Holdings's retained earnings for the quarter that ended in Jun. 2023 was C$-4.64 Mil.

Origin Therapeutics Holdings's quarterly retained earnings declined from Dec. 2022 (C$-2.43 Mil) to Mar. 2023 (C$-4.20 Mil) and declined from Mar. 2023 (C$-4.20 Mil) to Jun. 2023 (C$-4.64 Mil).

Origin Therapeutics Holdings's annual retained earnings increased from . 20 (C$0.00 Mil) to Sep. 2021 (C$-0.85 Mil) but then declined from Sep. 2021 (C$-0.85 Mil) to Sep. 2022 (C$-2.30 Mil).


Origin Therapeutics Holdings Retained Earnings Historical Data

The historical data trend for Origin Therapeutics Holdings'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.

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Origin Therapeutics Holdings Retained Earnings Chart

Origin Therapeutics Holdings Annual Data
Trend Sep21 Sep22
Retained Earnings
-0.85 -2.30

Origin Therapeutics Holdings Quarterly Data
Mar21 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Retained Earnings Get a 7-Day Free Trial Premium Member Only -1.75 -2.30 -2.43 -4.20 -4.64

Origin Therapeutics Holdings 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.


Origin Therapeutics Holdings  (XCNQ:ORIG) 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.


Origin Therapeutics Holdings (XCNQ:ORIG) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
505 Burrard Street, Suite 1570, Vancouver, BC, CAN, V7X 1M5
Origin Therapeutics Holdings Inc is an investment company focusing on investments in the psychedelic industry.

Origin Therapeutics Holdings (XCNQ:ORIG) Headlines

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