NextTrip (NextTrip) Retained Earnings : $-53.41 Mil (As of Sep. 2023)

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What is NextTrip Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. NextTrip's retained earnings for the quarter that ended in Sep. 2023 was $-53.41 Mil.

NextTrip's quarterly retained earnings declined from Mar. 2023 ($-51.21 Mil) to Jun. 2023 ($-52.52 Mil) and declined from Jun. 2023 ($-52.52 Mil) to Sep. 2023 ($-53.41 Mil).

NextTrip's annual retained earnings declined from Dec. 2020 ($-33.11 Mil) to Dec. 2021 ($-40.59 Mil) and declined from Dec. 2021 ($-40.59 Mil) to Dec. 2022 ($-49.34 Mil).

NextTrip Retained Earnings Historical Data

The historical data trend for NextTrip'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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NextTrip Retained Earnings Chart

NextTrip Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Retained Earnings

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-19.78

-26.10

-33.11

-40.59

-49.34

NextTrip 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															-47.38	-49.34	-51.21	-52.52	-53.41

NextTrip 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.

NextTrip (NAS:NTRP) 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.

NextTrip (NextTrip) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » NextTrip Inc (NAS:NTRP) » Definitions » Retained Earnings

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Address

3900 Paseo del Sol, Santa Fe, NM, USA, 87507

Website

https://www.sigmaadditive.com

Sigma Additive Solutions Inc is a leading provider of in-process quality assurance (IPQA) software to the additive manufacturing industry. Sigma specializes in the development and commercialization of real-time monitoring and analytics solutions known as PrintRite3D for 3D metal and polymer advanced manufacturing technologies. Its principal business activities include the development of its In-Process Quality Assurance (IPQA) suite of technologies and the commercialization of both its IPQA and materials-related suite of technologies, with its focus on three-dimensional printing (3DP) industry.

Executives

Mark Ruport	director, officer: Executive Chairman	5575 MARK DABLING BLVD, SUITE 100, COLORADO SPRINGS CO 80919
Stephan Kuehr	officer: GM of European Operations	LEONHARDYWEG 30, BERLIN 2M 10121
Jacob Brunsberg	officer: Sr VP Product Mgt/Strat Rel	3900 PASEO DEL SOL, SANTA FE NM 87507
Carl I. Schwartz	10 percent owner	20155 N.E. 38TH COURT, UNIT 3104, AVENTURA FL 33180
Frank Orzechowski	officer: CFO, PFO and PAO	3900 PASEO DEL SOL, SANTA FE NM 87507
Darren Beckett	officer: Vice President of Engineering	3900 PASEO DEL SOL, SANTA FE NM 87507
Kent J Summers	director	13 ONONDAGA LANE, MEDFIELD MA 02052
Mark Cola	director, officer: President, CEO and COO	3900 PASEO DEL SOL, SANTA FE NM 87507
Nannette Toups	officer: CFO, PFO and PAO	C/O SIGMA LABS, INC., 3900 PASEO DEL SOL, SANTA FE NM 87507
Salvatore F Battinelli	director	5 CLIFTON AVENUE, MARBLEHEAD MA 01945
Dennis Duitch	director	150 E PALMETTO PARK ROAD, SUITE 510, BOCA RATON FL 33432
John Reynolds Rice	director	3900 PASEO DEL SOL, SANTA FE NM 87507
Fisher Ronald Kenneth Jr	officer: Vice President of Business Dev	3900 PASEO DEL SOL, SANTA FE NM 87507
Frank J Garofalo	director	3900 PASEO DEL SOL, SANTA FE NM 87507
Amanda Cola	officer: VP of Finance and Business Ops	3900 PASEO DEL SOL, SANTA FE NM 87507