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Sunstock (Sunstock) Retained Earnings : $-65.91 Mil (As of Dec. 2023)


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What is Sunstock Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Sunstock's retained earnings for the quarter that ended in Dec. 2023 was $-65.91 Mil.

Sunstock's quarterly retained earnings declined from Jun. 2023 ($-66.09 Mil) to Sep. 2023 ($-66.18 Mil) but then increased from Sep. 2023 ($-66.18 Mil) to Dec. 2023 ($-65.91 Mil).

Sunstock's annual retained earnings declined from Dec. 2021 ($-62.26 Mil) to Dec. 2022 ($-65.92 Mil) but then increased from Dec. 2022 ($-65.92 Mil) to Dec. 2023 ($-65.91 Mil).


Sunstock Retained Earnings Historical Data

The historical data trend for Sunstock'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.

Sunstock Retained Earnings Chart

Sunstock Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -62.89 -60.21 -62.26 -65.92 -65.91

Sunstock Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -65.92 -65.93 -66.09 -66.18 -65.91

Sunstock 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.


Sunstock  (OTCPK:SSOK) 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.


Sunstock (Sunstock) Business Description

Traded in Other Exchanges
N/A
Address
111 Vista Creek Circle, Sacramento, CA, USA, 95835
Sunstock Inc is a United States-based company that is engaged in the buying, selling, and distribution of precious metals. The company specializes in retailing gold, silver, and rare coins.
Executives
Jason Chang director, 10 percent owner, officer: President 111 VISTA CREEK CIRCLE, SACRAMENTO CA 95835
Ramnik Clair director 111 VISTA CREEK CIRCLE, #200, SACRAMENTO CA 95835
Balbir H. Clair director 10618 LA LOMA WAY, STOCKTON CA 95212
Chiung Ying Chang other: A shareholder 111 VISTA CREEK CIRCLE, SACRAMENTO CA 95835
Mb Americus Llc 10 percent owner 9454 WILSHIRE BOULEVARD, BEVERLY HILLS CA 90212
James M Cassidy director, 10 percent owner, officer: president, secretary 215 APOLENA AVENUE, NEWPORT BEACH CA 92662
James K Mckillop director, 10 percent owner, officer: vice president 9454 WILSHIRE BOULEVARD, SUITE 612, BEVERLY HILLS CA 90212
Tiber Creek Corp 10 percent owner 215 APOLENA AVENUE, NEWPORT BEACH CA 92662