GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » LiqTech International Inc (NAS:LIQT) » Definitions » Retained Earnings

LiqTech International (LiqTech International) Retained Earnings : $-75.92 Mil (As of Dec. 2023)


View and export this data going back to 2010. Start your Free Trial

What is LiqTech International Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. LiqTech International's retained earnings for the quarter that ended in Dec. 2023 was $-75.92 Mil.

LiqTech International's quarterly retained earnings declined from Jun. 2023 ($-71.30 Mil) to Sep. 2023 ($-72.71 Mil) and declined from Sep. 2023 ($-72.71 Mil) to Dec. 2023 ($-75.92 Mil).

LiqTech International's annual retained earnings declined from Dec. 2021 ($-53.18 Mil) to Dec. 2022 ($-67.35 Mil) and declined from Dec. 2022 ($-67.35 Mil) to Dec. 2023 ($-75.92 Mil).


LiqTech International Retained Earnings Historical Data

The historical data trend for LiqTech International'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.

LiqTech International Retained Earnings Chart

LiqTech International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -32.25 -42.06 -53.18 -67.35 -75.92

LiqTech International 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 -67.35 -69.74 -71.30 -72.71 -75.92

LiqTech International 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.


LiqTech International  (NAS:LIQT) 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.


LiqTech International (LiqTech International) Business Description

Traded in Other Exchanges
N/A
Address
Industriparken 22C, Ballerup, DNK, DK 2750
LiqTech International Inc is a clean technology company which provides technology for gas and liquid purification by manufacturing ceramic silicon carbide filters. The company is engaged in three businesses that are diesel particulate filters (DPF) for the control of soot from diesel engines, turnkey ceramic membranes systems, and complete water treatment plants. The company's product portfolio consists of ceramic silicon membranes for liquid filtration, diesel particulate filters, and kiln furniture. Its operating segment includes Water, Ceramics, and Plastics. The company generates maximum revenue from Ceramics segment. Geographically, it derives a majority of its revenue from Europe.
Executives
Simon Seidelin Stadil officer: Chief Financial Officer INDUSTRIPARKEN 22C, BALLERUP G7 2750
Martin Kunz director INDUSTRIPARKEN 22C, BALLERUP G7 2750
Fei Chen director, officer: Chief Executive Officer STOLBERGSVEJ 23, HORSHOLM G7 2970
Richard A Meeusen director P O BOX 23099, MILWAUKEE WI 532230099
Peyton Boswell director 805 THIRD AVE., 20TH FLOOR, NEW YORK NY 10022
Mark Vernon director 200 SOUTH BISCAYNE BLVD, MIAMI FL 33131
Alexander J Buehler director C/O INSITUFORM TECHNOLOGIES, INC., 17988 EDISON AVENUE, CHESTERFIELD MO 63005
Laurence W Lytton 10 percent owner 467 CENTRAL PARK WEST, NY NY 10025
Awm Investment Company, Inc. 10 percent owner 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
Claus Toftegaard officer: Chief Financial Officer INDUSTRIPARKEN 22C, BALLERUP G7 2750
Peter Leifland director VALEVAGEN 21,5-18264, DJURSHOLM V7 00000
Joel Gay director 10264 NW 75TH TERRACE, DORAL FL 33178
Norman H Pessin other: See Explanation of Responses C/O LEVY, HARKINS & CO., INC., 366 MADISON AVENUE, 14TH FLOOR, NEW YORK NY 10017
Sandra F Pessin other: See Explanation of Responses C/O NORMAN PESSIN, 366 MADISON AVENUE, 14TH FLOOR, NEW YORK NY 10017
Brian L. Pessin other: See Explanation of Responses 310 EAST 75TH STREET, APT. 2A, NEW YORK NY 10021