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AMJ Global Technology (AMJ Global Technology) Retained Earnings : $-0.44 Mil (As of Feb. 2024)


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What is AMJ Global Technology Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. AMJ Global Technology's retained earnings for the quarter that ended in Feb. 2024 was $-0.44 Mil.

AMJ Global Technology's quarterly retained earnings increased from Aug. 2023 ($-5.05 Mil) to Nov. 2023 ($-0.39 Mil) but then declined from Nov. 2023 ($-0.39 Mil) to Feb. 2024 ($-0.44 Mil).

AMJ Global Technology's annual retained earnings increased from Nov. 2021 ($-1.36 Mil) to Nov. 2022 ($-0.25 Mil) but then declined from Nov. 2022 ($-0.25 Mil) to Nov. 2023 ($-0.39 Mil).


AMJ Global Technology Retained Earnings Historical Data

The historical data trend for AMJ Global Technology'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.

AMJ Global Technology Retained Earnings Chart

AMJ Global Technology Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.31 -1.31 -1.36 -0.25 -0.39

AMJ Global Technology Quarterly Data
Aug18 Nov18 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 -3.38 -5.04 -5.05 -0.39 -0.44

AMJ Global Technology 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.


AMJ Global Technology  (OTCPK:AMJT) 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.


AMJ Global Technology (AMJ Global Technology) Business Description

Traded in Other Exchanges
N/A
Address
11724 Ventura boulevard, Suite B, Studio City, CA, USA, 91604
AMJ Global Technology formerly Kange Corp is a USA-based company which is focusing on the intersection of technology and wholistic technology-based health treatments, with the intention to provide services to formulate a treatment model to meet the needs of professional athletes that suffer from PTSD and the early onset of dementia and Alzheimer's. The Company is currently evaluating operations in the wholistic health industry.

AMJ Global Technology (AMJ Global Technology) Headlines

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