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HIVE Digital Technologies (HIVE Digital Technologies) Retained Earnings : $-344.4 Mil (As of Dec. 2023)


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What is HIVE Digital Technologies Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. HIVE Digital Technologies's retained earnings for the quarter that ended in Dec. 2023 was $-344.4 Mil.

HIVE Digital Technologies's quarterly retained earnings declined from Jun. 2023 ($-312.9 Mil) to Sep. 2023 ($-337.5 Mil) and declined from Sep. 2023 ($-337.5 Mil) to Dec. 2023 ($-344.4 Mil).

HIVE Digital Technologies's annual retained earnings increased from Mar. 2021 ($-146.9 Mil) to Mar. 2022 ($-60.2 Mil) but then declined from Mar. 2022 ($-60.2 Mil) to Mar. 2023 ($-296.7 Mil).


HIVE Digital Technologies Retained Earnings Historical Data

The historical data trend for HIVE Digital 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.

HIVE Digital Technologies Retained Earnings Chart

HIVE Digital Technologies Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -171.51 -173.17 -146.91 -60.24 -296.67

HIVE Digital Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -304.69 -296.67 -312.92 -337.47 -344.42

HIVE Digital 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.


HIVE Digital Technologies  (NAS:HIVE) 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.


HIVE Digital Technologies (HIVE Digital Technologies) Business Description

Traded in Other Exchanges
Address
789 West Pender Street, Suite 855, Vancouver, BC, CAN, V6C 1H2
HIVE Digital Technologies Ltd formerly HIVE Blockchain Technologies Ltd is in the business of providing infrastructure solutions in the blockchain industry. It focuses on the mining and sale of digital currencies. Its geographical segments include Canada, Sweden, Iceland, Switzerland, and Bermuda, out of which the majority of the revenue comes from Bermuda.