NanoXplore (TSX:GRA) Retained Earnings : C$-78.5 Mil (As of Mar. 2024)

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What is NanoXplore Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. NanoXplore's retained earnings for the quarter that ended in Mar. 2024 was C$-78.5 Mil.

NanoXplore's quarterly retained earnings declined from Sep. 2023 (C$-72.8 Mil) to Dec. 2023 (C$-75.4 Mil) and declined from Dec. 2023 (C$-75.4 Mil) to Mar. 2024 (C$-78.5 Mil).

NanoXplore's annual retained earnings declined from Jun. 2021 (C$-41.0 Mil) to Jun. 2022 (C$-56.0 Mil) and declined from Jun. 2022 (C$-56.0 Mil) to Jun. 2023 (C$-69.1 Mil).

NanoXplore Retained Earnings Historical Data

The historical data trend for NanoXplore'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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NanoXplore Retained Earnings Chart

NanoXplore Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Retained Earnings

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-21.21

-29.76

-41.05

-56.02

-69.07

NanoXplore Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Retained Earnings	Get a 7-Day Free Trial															-67.02	-69.07	-72.76	-75.44	-78.47

NanoXplore 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.

NanoXplore (TSX:GRA) 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.

NanoXplore (TSX:GRA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » NanoXplore Inc (TSX:GRA) » Definitions » Retained Earnings

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NNXPF:USA N13:Germany

Address

4500 Thimens Boulevard, Montreal, QC, CAN, H4R 2P2

Website

https://www.nanoxplore.ca

NanoXplore Inc is a graphene company, manufacturer, and supplier of high-volume graphene powder for use in industrial markets. The company provides graphene-enhanced plastic and composite products to various customers in transportation, packaging, electronics, and other industrial sectors. Geographically, it generates a majority of revenue from the United States.

Executives

Pedro Azevedo Azevedo

Senior Officer