GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » American Shared Hospital Services (AMEX:AMS) » Definitions » Retained Earnings

American Shared Hospital Services (American Shared Hospital Services) Retained Earnings : $3.63 Mil (As of Dec. 2023)


View and export this data going back to 1984. Start your Free Trial

What is American Shared Hospital Services Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. American Shared Hospital Services's retained earnings for the quarter that ended in Dec. 2023 was $3.63 Mil.

American Shared Hospital Services's quarterly retained earnings increased from Jun. 2023 ($3.10 Mil) to Sep. 2023 ($3.21 Mil) and increased from Sep. 2023 ($3.21 Mil) to Dec. 2023 ($3.63 Mil).

American Shared Hospital Services's annual retained earnings increased from Dec. 2021 ($1.69 Mil) to Dec. 2022 ($3.02 Mil) and increased from Dec. 2022 ($3.02 Mil) to Dec. 2023 ($3.63 Mil).


American Shared Hospital Services Retained Earnings Historical Data

The historical data trend for American Shared Hospital Services'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.

American Shared Hospital Services Retained Earnings Chart

American Shared Hospital Services 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 8.56 1.50 1.69 3.02 3.63

American Shared Hospital Services 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 3.02 3.21 3.10 3.21 3.63

American Shared Hospital Services 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.


American Shared Hospital Services  (AMEX:AMS) 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.


American Shared Hospital Services (American Shared Hospital Services) Business Description

Traded in Other Exchanges
N/A
Address
601 Montgomery, Suite 1112, San Francisco, CA, USA, 94111-2619
American Shared Hospital Services provides stereotactic radiosurgery equipment and Advanced radiation therapy and related equipment. It currently provides Gamma Knife units to medical centers and stand-alone facilities. The company, along with its subsidiaries, operates through the following operations: Gamma Knife, Advanced Radiation Therapy Equipment and Services, and Proton Beam Radiation Therapy Operations. It generates most of its revenue from the domestic market.
Executives
Robert L Hiatt officer: Chief Financial Officer C/O BARACK FERRAZZANO, 333 W WACKER #2700, CHICAGO IL 60606
Peter M Gaccione officer: Chief Operating Officer 601 MONTGOMERY STREET, SUITE 1112, SAN FRANCISCO CA 94111
Vicki L Wilson director TWO EMBARCADERO CENTER, STE 410, SAN FRANCISCO CA 94111
Kathleen Miles director TWO EMBARCADERO CENTER, STE 410, SAN FRANCISCO CA 94111
Ernest Robert Bates officer: Vice President 350 MARGARITA DRIVE, SAN RAFAEL CA 94901
Sandra Aj Lawrence director C/O EVERGY, INC., 1200 MAIN STREET, KANSAS CITY MO 64105
Saim Mert Ozyurek director 2 EMBARCADERO CENTER, SUITE 410, SAN FRANCISCO CA 94111
David Larson director 80 CERRITOS AVE, SAN FRANCISCO CA 94127
Kelly Daniel G Jr director 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Raymond C Stachowiak director, 10 percent owner, officer: Interim President & CEO C/O ASHS, 2 EMBARCADERO CENTER-SUITE 410, SAN FRANCISCO CA 94111
Trotman Stanley S Jr director
Craig Kenji Tagawa officer: COO/CFO 5323 SPRINGRIDGE COURT, FAIRFIELD CA 94534
Ernest A Bates director, 10 percent owner, officer: CHAIRMAN AND CEO FOUR EMBARCADERO CENTER 3620, SAN FRANCISO CA 94111-4155
American Shared Hospital Services director, 10 percent owner, officer: CHAIRMAN AND CEO 601 MONTGOMERY STREET, SUITE 1112, SAN FRANCISCO CA 94111
John F Ruffle director 77 PLEASANTVILLE ROAD, NEW VERNON NJ 07976