SunOpta (SunOpta) Retained Earnings : $-330.7 Mil (As of Mar. 2024)

View and export this data going back to 1990. Start your Free Trial

What is SunOpta Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. SunOpta's retained earnings for the quarter that ended in Mar. 2024 was $-330.7 Mil.

SunOpta's quarterly retained earnings declined from Sep. 2023 ($-320.5 Mil) to Dec. 2023 ($-332.7 Mil) but then increased from Dec. 2023 ($-332.7 Mil) to Mar. 2024 ($-330.7 Mil).

SunOpta's annual retained earnings increased from Dec. 2021 ($-156.1 Mil) to Dec. 2022 ($-155.7 Mil) but then declined from Dec. 2022 ($-155.7 Mil) to Dec. 2023 ($-332.7 Mil).

SunOpta Retained Earnings Historical Data

The historical data trend for SunOpta'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.

SunOpta Retained Earnings Chart

SunOpta Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

Get a 7-Day Free Trial

-214.93

-147.74

-156.08

-155.69

-332.69

SunOpta 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															-155.02	-174.28	-320.52	-332.69	-330.70

SunOpta 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.

SunOpta (NAS:STKL) 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.

SunOpta (SunOpta) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » SunOpta Inc (NAS:STKL) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

ZSK:Germany SOY:Canada

Address

7078 Shady Oak Road, Eden Prairie, MN, USA, 55344

Website

https://www.sunopta.com

SunOpta Inc is a Canadian company that focuses on a healthy product portfolio. The company's operating segment includes Plant-Based Foods and Beverages and Fruit-Based Foods and Beverages. It generates maximum revenue from the Plant-Based Foods and Beverages segment. Plant-Based Foods and Beverages include plant-based beverages and liquid and dry ingredients (utilizing almond, soy) as well as broths, teas, and nutritional beverages. Fruit-Based Foods and Beverages include individually quick frozen(IQF) fruit for retail(including strawberries, mango), IQF and bulk frozen fruit for foodservice (including purees, fruit cups, and smoothies), and custom fruit preparations for industrial use. Geographically, it derives a majority of revenue from the United States.

Executives

Greg Gaba	officer: Chief Financial Officer	7078 SHADY OAK ROAD, EDEN PRAIRIE MN 55344
Lovas Katrina Houde	director	9 SCHOLFIELD AVENUE, TORONTO, ONTARIO CANADA A6 00000
Chad Hagen	officer: Chief Customer Officer	7078 SHADY OAK ROAD, EDEN PRAIRIE MN 55344
Joseph Ennen	director, officer: CEO	SUNOPTA, 7301 OHMS LANE, SUITE 600, EDINA MN 55439
Bryan P Clark	officer: SVP Research Development & QA	7078 SHADY OAK ROAD, EDEN PRAIRIE MN 55344
Diego Reynoso	director	7078 SHADY OAK ROAD, EDEN PRAIRIE MN 55344
Mike Buick	officer: SVP, Beverage and Snack	7301 OHMS LANE SUITE 600, EDINA MN 55439
David Largey	officer: Chief Quality Officer	7301 OHMS LANE, SUITE 600, EDINA MN 55439
Rebecca Fisher	director	837 DEWBERRY LANE, FAIRVIEW TX 75069
Barend Reijn	officer: General Manager of CPG Fruit	7301 OHMS LANE, SUITE 600, EDINA MN 55439
Jill Barnett	officer: General Counsel	SUNOPTA INC., 7301 OHMS LANE, SUITE 600, EDINA MN 55439
Engaged Capital Llc	10 percent owner	610 NEWPORT CENTER DRIVE, SUITE 950, NEWPORT BEACH CA 92660
Robert Duchscher	officer: Chief Information Officer	7301 OHMS LANE, SUITE 600, EDINA MN 55439
Chris Whitehair	officer: SVP, Operations	7301 OHMS LANE SUITE 600, EDINA MN 55439
Mahes Wickramasinghe	director	2334 MISSISSAUGA ROAD, MISSISSAUGA A6 L5H2L1