Everybody Loves Languages (TSXV:ELL) Retained Earnings : C$-23.76 Mil (As of Sep. 2021)

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What is Everybody Loves Languages Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Everybody Loves Languages's retained earnings for the quarter that ended in Sep. 2021 was C$-23.76 Mil.

Everybody Loves Languages's quarterly retained earnings increased from Mar. 2021 (C$-24.19 Mil) to Jun. 2021 (C$-23.48 Mil) but then declined from Jun. 2021 (C$-23.48 Mil) to Sep. 2021 (C$-23.76 Mil).

Everybody Loves Languages's annual retained earnings increased from Dec. 2018 (C$-25.04 Mil) to Dec. 2019 (C$-24.88 Mil) and increased from Dec. 2019 (C$-24.88 Mil) to Dec. 2020 (C$-23.77 Mil).

Everybody Loves Languages Retained Earnings Historical Data

The historical data trend for Everybody Loves Languages'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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Everybody Loves Languages Retained Earnings Chart

Everybody Loves Languages Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Retained Earnings

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-18.59

-24.85

-25.04

-24.88

-23.77

Everybody Loves Languages Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
Retained Earnings	Get a 7-Day Free Trial															-24.38	-23.77	-24.19	-23.48	-23.76

Everybody Loves Languages 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.

Everybody Loves Languages (TSXV:ELL) 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.

Everybody Loves Languages (TSXV:ELL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Everybody Loves Languages Corp (TSXV:ELL) » Definitions » Retained Earnings

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Address

20 Bay Street, 11th Floor, Toronto, ON, CAN, M5J 2N8

Website

https://www.elltechnologies.com

Everybody Loves Languages Corp is an Ed-tech language-learning and content development company empowering language educators to easily transition from traditional teaching methods to digital learning by integrating education, edutainment, and technology. It has two business segments; The license of intellectual property: Lingo Learning is a content-based publisher of English language learning textbook programs in China. It earns royalties from Licensing Sales compared to Finished Product Sales, and Online and Offline Language Learning; a web-based educational technology language learning, training, and assessment company. The Company provides the right to access to hosted software over a contract term without the customer taking possession of the software.

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