Ether Capital (NEOE:ETHC) Retained Earnings : C$-8.56 Mil (As of Mar. 2024)

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What is Ether Capital Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Ether Capital's retained earnings for the quarter that ended in Mar. 2024 was C$-8.56 Mil.

Ether Capital's quarterly retained earnings increased from Sep. 2023 (C$-10.34 Mil) to Dec. 2023 (C$-9.42 Mil) and increased from Dec. 2023 (C$-9.42 Mil) to Mar. 2024 (C$-8.56 Mil).

Ether Capital's annual retained earnings declined from Dec. 2021 (C$-12.76 Mil) to Dec. 2022 (C$-71.64 Mil) but then increased from Dec. 2022 (C$-71.64 Mil) to Dec. 2023 (C$-9.42 Mil).

Ether Capital Retained Earnings Historical Data

The historical data trend for Ether Capital'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.

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Ether Capital Retained Earnings Chart

Ether Capital Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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-36.70

-14.27

-12.76

-71.64

-9.42

Ether Capital 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															-52.96	-10.76	-10.34	-9.42	-8.56

Ether Capital 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.

Ether Capital (NEOE:ETHC) 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.

Ether Capital (NEOE:ETHC) Business Description

Industry

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DTSRF:USA 2KV:Germany

Address

130 Adelaide Street West, Suite 3100, 31st Floor, Toronto, ON, CAN, M5H 3P5

Website

https://www.ethcap.co

Ether Capital Corp is a Canada based technology company focused on becoming the central business and investment hub for the Ethereum ecosystem. Its portfolio includes Ether which is the native Ethereum crypto-asset and is the commodity-like fuel used to access the Ethereum network and broadcast transactions; MakerDao which is a decentralized credit platform built on Ethereum in which collateral is leveraged to produce a stable coin; and Wyre which is a cryptocurrency exchange and technology platform based in San Francisco that is focused on building compliant fiat-to-crypto on and off ramps.

Executives

Som Seif

Director, Senior Officer

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