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Cool Technologies (Cool Technologies) Retained Earnings : $-62.40 Mil (As of Sep. 2023)


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What is Cool Technologies Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Cool Technologies's retained earnings for the quarter that ended in Sep. 2023 was $-62.40 Mil.

Cool Technologies's quarterly retained earnings declined from Mar. 2023 ($-61.51 Mil) to Jun. 2023 ($-62.03 Mil) and declined from Jun. 2023 ($-62.03 Mil) to Sep. 2023 ($-62.40 Mil).

Cool Technologies's annual retained earnings declined from Dec. 2020 ($-55.83 Mil) to Dec. 2021 ($-59.28 Mil) and declined from Dec. 2021 ($-59.28 Mil) to Dec. 2022 ($-61.12 Mil).


Cool Technologies Retained Earnings Historical Data

The historical data trend for Cool Technologies'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.

Cool Technologies Retained Earnings Chart

Cool Technologies Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -49.87 -53.11 -55.83 -59.28 -61.12

Cool Technologies Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -60.93 -61.12 -61.51 -62.03 -62.40

Cool Technologies 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.


Cool Technologies  (OTCPK:WARM) 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.


Cool Technologies (Cool Technologies) Business Description

Traded in Other Exchanges
N/A
Address
8875 Hidden River Parkway, Suite 300, Tampa, FL, USA, 33637
Cool Technologies Inc is engaged in developing and commercializing an electric load assist technology around which it has designed a vehicle retrofit system. Its market for products utilizing its technology includes consumer, industrial and military markets, both in the United States and across the world. The technology offered by the company includes heat dispersion technology and mobile power generation .
Executives
Bibb Judson William Iii director, 10 percent owner, officer: President Secretary Treasurer C/O COOL TECHNOLOGIES, INC., 8875 HIDDEN RIVER PARKWAY, SUITE 300, TAMPA FL 33637
Timothy J. Hassett director, 10 percent owner, officer: CEO, Chairman of the Board 5712 MARSH HAWK DRIVE, SANTA ROSA CA 95409
Spirit Bear Ltd 10 percent owner 1470 1ST AVE, 4A, NEW YORK NY 10075
Khic Llc 10 percent owner 36 MANCHESTER DRIVE, WESTFIELD NJ 07090
Theodore H Banzhaf officer: President C/O COOL TECHNOLOGIES, INC., 8875 HIDDEN RIVER PARKWAY, SUITE 300, TAMPA FL 33637
Richard James Schul director 16427 ANDRAES DRIVE, CHESTERFIELD MO 63005
Daniel C Ustian director 8S270 SHIRES COURT, NAPERVILLE IL 60540
Donald L Bowman director 2 MONARCH DR., BRISTOL VA 24201
Donica Holt director 1236 SW CREEKSIDE DRIVE, LEES SUMMIT MO 64081
Jay A Palmer director 1470 1ST AVE 4A, NEW YORK NY 10075
Carrie A Dwyer director 1209 SE WILLOW PLACE, BLUE SPRINGS MO 64014
Quentin Dean Ponder director, officer: CFO, Treasurer, other: Vice Chairman of the Board 5432 BERNADETTE COURT, ZEPHRHILLS FL 33541
Mark Michael Hodowanec 10 percent owner 8875 HIDDEN RIVER PARKWAY, SUITE 300, TAMPA FL 33637
Chris Mckee director STARVOX COMMUNICATIONS, INC., 2728 ORCHARD PARKWAY, SAN JOSE CA 95134-2012