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YourWay Cannabis Brands (XCNQ:YOUR) Retained Earnings : C$-4.54 Mil (As of Sep. 2021)


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What is YourWay Cannabis Brands Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. YourWay Cannabis Brands's retained earnings for the quarter that ended in Sep. 2021 was C$-4.54 Mil.

YourWay Cannabis Brands's quarterly retained earnings increased from Mar. 2021 (C$-7.47 Mil) to Jun. 2021 (C$-4.97 Mil) and increased from Jun. 2021 (C$-4.97 Mil) to Sep. 2021 (C$-4.54 Mil).

YourWay Cannabis Brands's annual retained earnings increased from . 20 (C$0.00 Mil) to Dec. 2019 (C$-5.35 Mil) but then declined from Dec. 2019 (C$-5.35 Mil) to Dec. 2020 (C$-9.78 Mil).


YourWay Cannabis Brands Retained Earnings Historical Data

The historical data trend for YourWay Cannabis Brands'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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YourWay Cannabis Brands Retained Earnings Chart

YourWay Cannabis Brands Annual Data
Trend Dec19 Dec20
Retained Earnings
-5.35 -9.78

YourWay Cannabis Brands Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Retained Earnings Get a 7-Day Free Trial Premium Member Only -7.30 -9.78 -7.47 -4.97 -4.54

YourWay Cannabis Brands 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.


YourWay Cannabis Brands  (XCNQ:YOUR) 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.


YourWay Cannabis Brands (XCNQ:YOUR) Business Description

Traded in Other Exchanges
N/A
Address
885 W Georgia Street, Suite 2200, Vancouver, BC, CAN, V6C 3E8
YourWay Cannabis Brands Inc is a multi-state operator with sales and operations in Arizona and California. Through building own brands, partnering with others, and providing white-labelled product, company is dedicated towards expanding the reach; remolding the cannabis industry and ultimately, redefining the way consumers and cannabis brands interact.

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