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Coho Collective Kitchens (TSXV:COHO) Retained Earnings : C$-22.57 Mil (As of Dec. 2023)


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What is Coho Collective Kitchens Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Coho Collective Kitchens's retained earnings for the quarter that ended in Dec. 2023 was C$-22.57 Mil.

Coho Collective Kitchens's quarterly retained earnings declined from Jun. 2023 (C$-18.77 Mil) to Sep. 2023 (C$-20.72 Mil) and declined from Sep. 2023 (C$-20.72 Mil) to Dec. 2023 (C$-22.57 Mil).

Coho Collective Kitchens's annual retained earnings increased from . 20 (C$0.00 Mil) to Mar. 2022 (C$-11.37 Mil) but then declined from Mar. 2022 (C$-11.37 Mil) to Mar. 2023 (C$-17.44 Mil).


Coho Collective Kitchens Retained Earnings Historical Data

The historical data trend for Coho Collective Kitchens'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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Coho Collective Kitchens Retained Earnings Chart

Coho Collective Kitchens Annual Data
Trend Mar22 Mar23
Retained Earnings
-11.37 -17.44

Coho Collective Kitchens Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -15.97 -17.44 -18.77 -20.72 -22.57

Coho Collective Kitchens 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.


Coho Collective Kitchens  (TSXV:COHO) 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.


Coho Collective Kitchens (TSXV:COHO) Business Description

Traded in Other Exchanges
N/A
Address
1370 E. Georgia Street, Vancouver, BC, CAN, V5L 2A8
Coho Collective Kitchens Inc engages in the provision of Commercial Commissary Kitchens and the rental of these kitchens to food-based businesses in Canada. The company currently offers its services and sells its products through three main channels, commissary operations, the hospitality food service establishment (Cafe), and the e-commerce food delivery platform, CohoMarket.ca (Coho Market).

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