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Green Thumb Industries (Green Thumb Industries) Retained Earnings : $9 Mil (As of Mar. 2024)


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What is Green Thumb Industries Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Green Thumb Industries's retained earnings for the quarter that ended in Mar. 2024 was $9 Mil.

Green Thumb Industries's quarterly retained earnings increased from Sep. 2023 ($-25 Mil) to Dec. 2023 ($-22 Mil) and increased from Dec. 2023 ($-22 Mil) to Mar. 2024 ($9 Mil).

Green Thumb Industries's annual retained earnings increased from Dec. 2021 ($-70 Mil) to Dec. 2022 ($-58 Mil) and increased from Dec. 2022 ($-58 Mil) to Dec. 2023 ($-22 Mil).


Green Thumb Industries Retained Earnings Historical Data

The historical data trend for Green Thumb Industries'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.

Green Thumb Industries Retained Earnings Chart

Green Thumb Industries Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -160.49 -145.50 -70.06 -58.09 -21.82

Green Thumb Industries Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -48.95 -35.55 -25.03 -21.82 9.26

Green Thumb Industries 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.


Green Thumb Industries  (OTCPK:GTBIF) 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.


Green Thumb Industries (Green Thumb Industries) Business Description

Traded in Other Exchanges
Address
325 West Huron Street, Suite 700, Chicago, IL, USA, 60654
Green Thumb Industries is headquartered in Chicago, Illinois, and produces and sells medicinal and recreational cannabis through wholesale and retail channels in the United States. It has a presence in 15 states and operates roughly 87 cannabis stores under the brand Rise. GTI is focusing its expansion on limited license states with large populations, and it does not currently export into the global medical market due to U.S. federal prohibition. It offers multiple products under a portfolio of cannabis consumer packaged goods brands, including &Shine, Beboe, Dogwalkers, Doctor Solomon's, Good Green, incredibles and RYTHM.
Executives
Richard Reisin director 325 W. HURON STREET, SUITE 700, CHICAGO IL 60654
Hannah Scofield Buchan director 660 MADISON AVENUE, 14TH FLOOR, NEW YORK NY 10065
Ethan Nadelmann director 325 WEST HURON STREET, SUITE 700, CHICAGO IL 60654
Dawn Wilson Barnes director 325 WEST HURON STREET, SUITE 700, CHICAGO IL 60654
Bret Kravitz officer: GENERAL COUNSEL AND SECRETARY 325 WEST HURON STREET, SUITE 700, CHICAGO IL 60654
Jeffrey H Goldman director 325 W HURON STREET, SUITE 700, CHICAGO IL 60654
Richard A Drexler director 200 S MICHIGAN AVE, SUITE 1300, CHICAGO IL 60604
Dorri Mcwhorter director 6431 OAKTON STREET, C/O LIFEWAY FOODS, INC., MORTON GROVE IL 60053
Swati Mylavarapu director 325 W. HURON ST., SUITE 700, CHICAGO IL 60654
Mathew Faulkner officer: Chief Accounting Officer 325 W. HURON, SUITE 412, CHICAGO IL 60654
Beth Elaine Burk officer: General Counsel 325 WEST HURON STREET, SUITE 412, CHICAGO IL 60654
Benjamin Kovler director, 10 percent owner, officer: Chairman & CEO 325 WEST HURON STREET, SUITE 412, CHICAGO IL 60654
Armen Yemenidjian officer: President 325 WEST HURON STREET, SUITE 412, CHICAGO IL 60654
Jennifer Dooley other: Chief Strategy Officer 325 WEST HURON STREET, SUITE 412, CHICAGO IL 60654
Westley Moore director 325 WEST HURON STREET, SUITE 412, CHICAGO IL 60654

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