Cobra Venture (TSXV:CBV) Retained Earnings : C$0.26 Mil (As of Feb. 2024)

View and export this data going back to 1998. Start your Free Trial

What is Cobra Venture Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Cobra Venture's retained earnings for the quarter that ended in Feb. 2024 was C$0.26 Mil.

Cobra Venture's quarterly retained earnings increased from May. 2023 (C$0.18 Mil) to Aug. 2023 (C$0.23 Mil) and increased from Aug. 2023 (C$0.23 Mil) to Feb. 2024 (C$0.26 Mil).

Cobra Venture's annual retained earnings increased from Nov. 2020 (C$0.20 Mil) to Nov. 2021 (C$0.41 Mil) but then declined from Nov. 2021 (C$0.41 Mil) to Nov. 2022 (C$0.30 Mil).

Cobra Venture Retained Earnings Historical Data

The historical data trend for Cobra Venture'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.

Cobra Venture Retained Earnings Chart

Cobra Venture Annual Data

Trend

Nov13

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Retained Earnings

Get a 7-Day Free Trial

0.35

0.40

0.20

0.41

0.30

Cobra Venture Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Feb24
Retained Earnings	Get a 7-Day Free Trial															0.30	0.20	0.18	0.23	0.26

Cobra Venture 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.

Cobra Venture (TSXV:CBV) 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.

Cobra Venture (TSXV:CBV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Cobra Venture Corp (TSXV:CBV) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

N/A

Address

2489 Bellevue Avenue, West Vancouver, BC, CAN, V7V 1E1

Website

https://www.cobraventure.com

Cobra Venture Corp is a junior oil and gas company that is focused on the exploration and development of petroleum and natural gas interests in Canada. The company's properties are the Willesden Green area, Alberta; Davey Lake area, Alberta; and Gull Lake, Saskatchewan. It derives prime revenue from oil and gas production.

Executives

Stephane Poirier

10% Security Holder

Cobra Venture (TSXV:CBV) Headlines

No Headlines