GURUFOCUS.COM » STOCK LIST » Technology » Software » Lever Global Corp (OTCPK:LVER) » Definitions » Retained Earnings

Lever Global (Lever Global) Retained Earnings : $-4.98 Mil (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Lever Global Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Lever Global's retained earnings for the quarter that ended in Mar. 2024 was $-4.98 Mil.

Lever Global's quarterly retained earnings declined from Sep. 2023 ($-3.96 Mil) to Dec. 2023 ($-4.72 Mil) and declined from Dec. 2023 ($-4.72 Mil) to Mar. 2024 ($-4.98 Mil).

Lever Global's annual retained earnings increased from . 20 ($0.00 Mil) to Dec. 2022 ($-1.93 Mil) but then declined from Dec. 2022 ($-1.93 Mil) to Dec. 2023 ($-4.72 Mil).

Lever Global Retained Earnings Historical Data

The historical data trend for Lever Global'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.

Lever Global Retained Earnings Chart

Lever Global Annual Data
Trend Dec22 Dec23
Retained Earnings
-1.93 -4.72

Lever Global Quarterly Data
Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Retained Earnings Get a 7-Day Free Trial - -2.73 -3.96 -4.72 -4.98

Lever Global 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.

Lever Global  (OTCPK:LVER) 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.

Lever Global (Lever Global) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Lever Global Corp (OTCPK:LVER) » Definitions » Retained Earnings
Comparable Companies
ULY KWIK ZENV INVU AEYE OTMO GOLQ PRCH MFON RBT CRM XTER:SAP INTU NOW UBER CDNS SHOP WDAY XPAR:DSY ROP
Traded in Other Exchanges
N/A
Address
Level 11, 9255 West Sunset Boulevard, West Hollywood, CA, USA, 90069
Website
Lever Global Corp is a fintech-driven consumer liabilities and debt management company. Its App allows the subscribers to analyze their existing student loans and recommend programs the US Department of Education offers after the initial assessment and processes enrolments into these programs. The App provides a list of qualified federal programs. The subscribers can digitally enroll in these programs by uploading or self-declaring their W-2, wage, or tax statements through the App.