Berkley Renewables (XCNQ:BKS) Retained Earnings : C$-18.71 Mil (As of Sep. 2018)

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What is Berkley Renewables Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Berkley Renewables's retained earnings for the quarter that ended in Sep. 2018 was C$-18.71 Mil.

Berkley Renewables's quarterly retained earnings declined from Mar. 2018 (C$-18.51 Mil) to Jun. 2018 (C$-18.65 Mil) and declined from Jun. 2018 (C$-18.65 Mil) to Sep. 2018 (C$-18.71 Mil).

Berkley Renewables's annual retained earnings declined from Dec. 2015 (C$-17.73 Mil) to Dec. 2016 (C$-17.74 Mil) and declined from Dec. 2016 (C$-17.74 Mil) to Dec. 2017 (C$-18.37 Mil).

Berkley Renewables Retained Earnings Historical Data

The historical data trend for Berkley Renewables'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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Berkley Renewables Retained Earnings Chart

Berkley Renewables Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Retained Earnings

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-16.77

-17.27

-17.73

-17.74

-18.37

Berkley Renewables Quarterly Data
	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18
Retained Earnings	Get a 7-Day Free Trial															-18.23	-18.37	-18.51	-18.65	-18.71

Berkley Renewables 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.

Berkley Renewables (XCNQ:BKS) 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.

Berkley Renewables (XCNQ:BKS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Berkley Renewables Inc (XCNQ:BKS) » Definitions » Retained Earnings

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Address

570 Granville Street, Suite 900, Vancouver, BC, CAN, V6C 3P1

Website

http://www.berkleyresources.com

Berkley Renewables Inc is engaged in diversifying its business into renewable sources of energy which includes management and operation of photovoltaic power generation.