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Liquid Media Group (Liquid Media Group) Retained Earnings : $-34.78 Mil (As of Aug. 2022)


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What is Liquid Media Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Liquid Media Group's retained earnings for the quarter that ended in Aug. 2022 was $-34.78 Mil.

Liquid Media Group's quarterly retained earnings declined from Feb. 2022 ($-32.33 Mil) to May. 2022 ($-33.36 Mil) and declined from May. 2022 ($-33.36 Mil) to Aug. 2022 ($-34.78 Mil).

Liquid Media Group's annual retained earnings declined from Nov. 2019 ($-13.99 Mil) to Nov. 2020 ($-18.68 Mil) and declined from Nov. 2020 ($-18.68 Mil) to Nov. 2021 ($-31.46 Mil).


Liquid Media Group Retained Earnings Historical Data

The historical data trend for Liquid Media Group'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.

Liquid Media Group Retained Earnings Chart

Liquid Media Group Annual Data
Trend Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Nov19 Nov20 Nov21
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -35.11 -38.90 -13.99 -18.68 -31.46

Liquid Media Group Quarterly Data
Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22
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 -23.72 -31.46 -32.33 -33.36 -34.78

Liquid Media Group 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.


Liquid Media Group  (OTCPK:YVRLF) 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.


Liquid Media Group (Liquid Media Group) Business Description

Traded in Other Exchanges
N/A
Address
409 Granville Street, Suite 1000, United Kingdom Building, Vancouver, BC, CAN, V6C 1T2
Liquid Media Group Ltd is an entertainment company with a portfolio of content IP (Intellectual Property) spanning creative industries. Originating in Vancouver's media and entertainment supercluster, the company's mission is to empower storytellers to develop, produce and distribute across channels and platforms. Its operating segment includes investment in video games andinvestment in the distribution of films.

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