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Kona Gold Beverage (Kona Gold Beverage) Retained Earnings : $-27.26 Mil (As of Sep. 2023)


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What is Kona Gold Beverage Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Kona Gold Beverage's retained earnings for the quarter that ended in Sep. 2023 was $-27.26 Mil.

Kona Gold Beverage's quarterly retained earnings declined from Mar. 2023 ($-25.21 Mil) to Jun. 2023 ($-26.74 Mil) and declined from Jun. 2023 ($-26.74 Mil) to Sep. 2023 ($-27.26 Mil).

Kona Gold Beverage's annual retained earnings declined from Dec. 2020 ($-9.28 Mil) to Dec. 2021 ($-16.30 Mil) and declined from Dec. 2021 ($-16.30 Mil) to Dec. 2022 ($-23.61 Mil).


Kona Gold Beverage Retained Earnings Historical Data

The historical data trend for Kona Gold Beverage'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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Kona Gold Beverage Retained Earnings Chart

Kona Gold Beverage Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Retained Earnings
Get a 7-Day Free Trial -4.37 -6.15 -9.28 -16.30 -23.61

Kona Gold Beverage Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -22.44 -23.61 -25.21 -26.74 -27.26

Kona Gold Beverage 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.


Kona Gold Beverage  (OTCPK:KGKG) 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.


Kona Gold Beverage (Kona Gold Beverage) Business Description

Traded in Other Exchanges
N/A
Address
746 North Drive, Suite A, Melbourne, FL, USA, 32934
Kona Gold Beverage Inc is a United States-based lifestyle hemp company. The company specializes in developing hemp and CBD products in the functional beverage and fitness markets. The company focuses on the hemp energy drink, low-carb and low-calorie lemonade, and CBD water markets. It generates maximum revenue from retail products.
Executives
Lori A Radcliffe officer: CFO 1356 GEM CIR, ROCKLEDGE FL 32955
Christopher Selinger officer: VP OF SALES 11 BELLWOOD FARM LANE, GREENVILLE SC 29607
Matthew R Crystal director 4937 PASADENA WAY, BROOMFIELD CO 80023
William Jeffrey Outlaw director 8512 MEADOW VIEW LANE, BAHAMA NC 27503
Robert Clark director, 10 percent owner, officer: CEO 7823 DESMOND AVE, MELBOURNE FL 32940