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Webuy Global (Webuy Global) Retained Earnings : $-23.48 Mil (As of Dec. 2023)


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What is Webuy Global Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Webuy Global's retained earnings for the quarter that ended in Dec. 2023 was $-23.48 Mil.

Webuy Global's quarterly retained earnings declined from Dec. 2022 ($-18.34 Mil) to Jun. 2023 ($-21.95 Mil) and declined from Jun. 2023 ($-21.95 Mil) to Dec. 2023 ($-23.48 Mil).

Webuy Global's annual retained earnings declined from Dec. 2021 ($-11.68 Mil) to Dec. 2022 ($-18.34 Mil) and declined from Dec. 2022 ($-18.34 Mil) to Dec. 2023 ($-23.48 Mil).

Webuy Global Retained Earnings Historical Data

The historical data trend for Webuy Global'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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Webuy Global Retained Earnings Chart

Webuy Global Annual Data
Trend Dec21 Dec22 Dec23
Retained Earnings
-11.68 -18.34 -23.48

Webuy Global Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Retained Earnings -11.68 - -18.34 -21.95 -23.48

Webuy Global 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.

Webuy Global  (NAS:WBUY) 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.

Webuy Global (Webuy Global) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Webuy Global Ltd (NAS:WBUY) » Definitions » Retained Earnings
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Traded in Other Exchanges
N/A
Address
35 Tampines Street 92, Singapore, SGP, 528880
Website
https://www.webuysg.com
Webuy Global Ltd is an emerging Southeast Asian (SEA) community-oriented e-commerce retailer (Community e-Commerce Retailor) with a focus on grocery and travel. Community e-commerce is a deepened extension form of e-commerce, where social media users with mutual interest and like-minded behavior are connected, forming a community group within a network through an online medium. Its mission is to make social shopping a new lifestyle for consumers and to empower consumers' purchases with an efficient cost-saving purchasing model. The company is also engaged in selling packaged tours to its customer. The majority of revenue is derived from the sales of groceries through its online platform.