GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Romana Food Blockchain Corp (OTCPK:RFBC) » Definitions » Retained Earnings

Romana Food Blockchain (Romana Food Blockchain) Retained Earnings : $0.00 Mil (As of Jul. 2010)


View and export this data going back to . Start your Free Trial

What is Romana Food Blockchain Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Romana Food Blockchain's retained earnings for the quarter that ended in Jul. 2010 was $0.00 Mil.

Romana Food Blockchain's quarterly retained earnings increased from Jan. 2010 ($-0.26 Mil) to Apr. 2010 ($0.00 Mil) but then stayed the same from Apr. 2010 ($0.00 Mil) to Jul. 2010 ($0.00 Mil).

Romana Food Blockchain's annual retained earnings declined from Oct. 2007 ($-0.03 Mil) to Oct. 2008 ($-0.24 Mil) and declined from Oct. 2008 ($-0.24 Mil) to Oct. 2009 ($-0.26 Mil).


Romana Food Blockchain Retained Earnings Historical Data

The historical data trend for Romana Food Blockchain'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.

Romana Food Blockchain Retained Earnings Chart

Romana Food Blockchain Annual Data
Trend Oct07 Oct08 Oct09
Retained Earnings
-0.03 -0.24 -0.26

Romana Food Blockchain Quarterly Data
Apr07 Jul07 Oct07 Jan08 Apr08 Jul08 Oct08 Jan09 Apr09 Jul09 Oct09 Jan10 Apr10 Jul10
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 -0.25 -0.26 -0.26 - -

Romana Food Blockchain 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.


Romana Food Blockchain  (OTCPK:RFBC) 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.


Romana Food Blockchain (Romana Food Blockchain) Business Description

Traded in Other Exchanges
N/A
Address
2910 Sheridan Way, Oakville, ON, CAN, L6J 7J8
Romana Food Blockchain Corp is a USA based company that owns and operates a food processing plants specializing in Italian products. Its clients include Costco, Imvescor, Loblaws, Maxi, Metro, Provigo, Sobeys, Super C and Trader Joe's.

Romana Food Blockchain (Romana Food Blockchain) Headlines

From GuruFocus

Unauthorized publicity - Romana Food Brands Corp.'s update

By PRNewswire PRNewswire 06-06-2018