GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Eyes on the Go Inc (GREY:AXCG) » Definitions » Retained Earnings

Eyes on the Go (Eyes on the Go) Retained Earnings : $-9.12 Mil (As of Sep. 2014)


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

What is Eyes on the Go Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Eyes on the Go's retained earnings for the quarter that ended in Sep. 2014 was $-9.12 Mil.

Eyes on the Go's quarterly retained earnings declined from Mar. 2014 ($-4.35 Mil) to Jun. 2014 ($-8.51 Mil) and declined from Jun. 2014 ($-8.51 Mil) to Sep. 2014 ($-9.12 Mil).

Eyes on the Go's annual retained earnings declined from Dec. 2011 ($-0.80 Mil) to Dec. 2012 ($-1.48 Mil) and declined from Dec. 2012 ($-1.48 Mil) to Dec. 2013 ($-3.73 Mil).


Eyes on the Go Retained Earnings Historical Data

The historical data trend for Eyes on the Go'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.

Eyes on the Go Retained Earnings Chart

Eyes on the Go Annual Data
Trend Dec11 Dec12 Dec13
Retained Earnings
-0.80 -1.48 -3.73

Eyes on the Go Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 -2.14 -3.73 -4.35 -8.51 -9.12

Eyes on the Go 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.


Eyes on the Go  (GREY:AXCG) 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.


Eyes on the Go (Eyes on the Go) Business Description

Traded in Other Exchanges
N/A
Address
40 Fulton Street, 24th Floor, New York, NY, USA, 100389
Eyes on the Go Inc is engaged in designing, implementing, and providing services related to the remote monitoring of businesses and other facilities. The company provides online streaming videos and audio images from bars, restaurants, performance spaces, and clubs to consumers through a website called gander.tv.

Eyes on the Go (Eyes on the Go) Headlines

No Headlines