Comprehensive Healthcare Systems (TSXV:CHS) Retained Earnings : C$-30.72 Mil (As of Sep. 2023)

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What is Comprehensive Healthcare Systems Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Comprehensive Healthcare Systems's retained earnings for the quarter that ended in Sep. 2023 was C$-30.72 Mil.

Comprehensive Healthcare Systems's quarterly retained earnings declined from Mar. 2023 (C$-27.74 Mil) to Jun. 2023 (C$-28.58 Mil) and declined from Jun. 2023 (C$-28.58 Mil) to Sep. 2023 (C$-30.72 Mil).

Comprehensive Healthcare Systems's annual retained earnings declined from Jan. 2020 (C$-0.18 Mil) to Jan. 2021 (C$-0.27 Mil) and declined from Jan. 2021 (C$-0.27 Mil) to Dec. 2022 (C$-26.25 Mil).

Comprehensive Healthcare Systems Retained Earnings Historical Data

The historical data trend for Comprehensive Healthcare Systems'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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Comprehensive Healthcare Systems Retained Earnings Chart

Comprehensive Healthcare Systems Annual Data

Trend

Jan19

Jan20

Jan21

Dec22

Retained Earnings

-0.04

-0.18

-0.27

-26.25

Comprehensive Healthcare Systems Quarterly Data
	Oct18	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Retained Earnings	Get a 7-Day Free Trial														-23.25	-26.25	-27.74	-28.58	-30.72

Comprehensive Healthcare Systems 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.

Comprehensive Healthcare Systems (TSXV:CHS) 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.