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Green Globe International (Green Globe International) Retained Earnings : $-12.93 Mil (As of Sep. 2008)


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What is Green Globe International Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Green Globe International's retained earnings for the quarter that ended in Sep. 2008 was $-12.93 Mil.

Green Globe International's quarterly retained earnings declined from Mar. 2008 ($-11.55 Mil) to Jun. 2008 ($-12.30 Mil) and declined from Jun. 2008 ($-12.30 Mil) to Sep. 2008 ($-12.93 Mil).

Green Globe International's annual retained earnings declined from Dec. 2005 ($-4.88 Mil) to Dec. 2006 ($-7.20 Mil) and declined from Dec. 2006 ($-7.20 Mil) to Dec. 2007 ($-8.50 Mil).


Green Globe International Retained Earnings Historical Data

The historical data trend for Green Globe 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.

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Green Globe International Retained Earnings Chart

Green Globe International Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07
Retained Earnings
-0.20 -3.09 -4.88 -7.20 -8.50

Green Globe International Quarterly Data
Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08
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 -8.39 -8.50 -11.55 -12.30 -12.93

Green Globe 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.


Green Globe International  (OTCPK:GGII) 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.


Green Globe International (Green Globe International) Business Description

Traded in Other Exchanges
N/A
Address
8700 E Pinnacle Peak Road, Suite 210, Scottsdale, AZ, USA, 85255
Green Globe International Inc is a Hemp manufacturing company. It is engaged in the manufacturing and sales of CBD Hemp cigarettes. The company generates revenue from two streams- manufacturing and commercial product supply and white label development services.
Executives
David E Jenkins director, 10 percent owner, officer: President 406 NORTH HERMOSA DRIVE, PALM SPRINGS CA 92262