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Eternity Healthcare (Eternity Healthcare) Retained Earnings : $-3.34 Mil (As of Jul. 2018)


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What is Eternity Healthcare Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Eternity Healthcare's retained earnings for the quarter that ended in Jul. 2018 was $-3.34 Mil.

Eternity Healthcare's quarterly retained earnings declined from Jan. 2018 ($-3.02 Mil) to Apr. 2018 ($-3.16 Mil) and declined from Apr. 2018 ($-3.16 Mil) to Jul. 2018 ($-3.34 Mil).

Eternity Healthcare's annual retained earnings declined from Apr. 2016 ($-2.11 Mil) to Apr. 2017 ($-2.85 Mil) and declined from Apr. 2017 ($-2.85 Mil) to Apr. 2018 ($-3.16 Mil).


Eternity Healthcare Retained Earnings Historical Data

The historical data trend for Eternity Healthcare'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.

Eternity Healthcare Retained Earnings Chart

Eternity Healthcare Annual Data
Trend Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17 Apr18
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.22 -1.72 -2.11 -2.85 -3.16

Eternity Healthcare Quarterly Data
Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18
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 -2.95 -2.88 -3.02 -3.16 -3.34

Eternity Healthcare 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.


Eternity Healthcare  (GREY:ETAH) 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.


Eternity Healthcare (Eternity Healthcare) Business Description

Traded in Other Exchanges
N/A
Address
18 Carnarvon Road, Flat/Room 1006 - 10th Floor, Hang Seng Tsim Sha Tsui Building, Tsim Sha TsuiI, Kowloon, Hong Kong, HKG
Eternity Healthcare Inc is a medical device company operating in the us. It focuses on manufacturing a needle-free injection system. The company emphasizes needle-free injection device technology for application in Diabetes, Pediatric Oncology, Multiple sclerosis, Multiple sclerosis, Anesthetics, Vaccine, Cardiovascular, and Migraine. The company adult stem cell storage is all located in North China, East China, and South China. The company targets market includes Guizhou, Yunan, Guangxi, Xinjiang, and Tibet.