GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Juva Life Inc (OTCPK:JUVAF) » Definitions » Retained Earnings

Juva Life (Juva Life) Retained Earnings : $-51.89 Mil (As of Mar. 2023)


View and export this data going back to 2020. Start your Free Trial

What is Juva Life Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Juva Life's retained earnings for the quarter that ended in Mar. 2023 was $-51.89 Mil.

Juva Life's quarterly retained earnings declined from Jun. 2022 ($-44.94 Mil) to Sep. 2022 ($-47.84 Mil) and declined from Sep. 2022 ($-47.84 Mil) to Mar. 2023 ($-51.89 Mil).

Juva Life's annual retained earnings increased from . 20 ($0.00 Mil) to Dec. 2019 ($-12.35 Mil) but then declined from Dec. 2019 ($-12.35 Mil) to Dec. 2020 ($-28.59 Mil).


Juva Life Retained Earnings Historical Data

The historical data trend for Juva Life'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.

Juva Life Retained Earnings Chart

Juva Life Annual Data
Trend Dec19 Dec20
Retained Earnings
-12.35 -28.59

Juva Life Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Mar22 Jun22 Sep22 Mar23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -38.41 -43.01 -44.94 -47.84 -51.89

Juva Life 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.


Juva Life  (OTCPK:JUVAF) 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.


Juva Life (Juva Life) Business Description

Traded in Other Exchanges
Address
885 West Georgia Street, Suite 1400, Vancouver, BC, CAN, V6C 3E8
Juva Life Inc business is to acquire, own, and operate various cannabis business in the state of California. The Company operates in two reportable segments i) the resale of merchandise and cannabis-derived products, and ii) cultivation and sale of trim and flowers.

Juva Life (Juva Life) Headlines

From GuruFocus