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CYLC (County Line Energy) Retained Earnings : $-3.30 Mil (As of Sep. 2018)


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What is County Line Energy Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. County Line Energy's retained earnings for the quarter that ended in Sep. 2018 was $-3.30 Mil.

County Line Energy's quarterly retained earnings declined from Mar. 2018 ($-2.29 Mil) to Jun. 2018 ($-2.30 Mil) and declined from Jun. 2018 ($-2.30 Mil) to Sep. 2018 ($-3.30 Mil).

County Line Energy's annual retained earnings declined from Dec. 2015 ($-2.23 Mil) to Dec. 2016 ($-2.24 Mil) and declined from Dec. 2016 ($-2.24 Mil) to Dec. 2017 ($-2.28 Mil).


County Line Energy Retained Earnings Historical Data

The historical data trend for County Line Energy'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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County Line Energy Retained Earnings Chart

County Line Energy Annual Data
Trend Dec15 Dec16 Dec17
Retained Earnings
-2.23 -2.24 -2.28

County Line Energy Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.27 -2.28 -2.29 -2.30 -3.30

County Line Energy 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.


County Line Energy  (OTCPK:CYLC) 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.


County Line Energy Business Description

Traded in Other Exchanges
N/A
Address
3105 S Artesia Street, Santa Ana, CA, USA, 92704
County Line Energy Corp manufactures and sells self-contained hydroponic systems for growing plants, vegetables, and cannabis. Its products work to manage the total of all surroundings of a living organism, including natural forces and other living things, which provide conditions for development and growth as well as danger and damage.