What is Cash America International Retained Earnings?
Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Cash America International's retained earnings for the quarter that ended in Jun. 2016 was $1,061 Mil.
Cash America International's quarterly retained earnings
increased
from Dec. 2015 ($1,053 Mil) to Mar. 2016 ($1,061 Mil) and
increased
from Mar. 2016 ($1,061 Mil) to Jun. 2016 ($1,061 Mil).
Cash America International's annual retained earnings
increased
from Dec. 2013 ($1,018 Mil) to Dec. 2014 ($1,030 Mil) and
increased
from Dec. 2014 ($1,030 Mil) to Dec. 2015 ($1,053 Mil).
Cash America International 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.
Cash America International (NYSE:CSH) 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.
Cash America International (Cash America International) Business Description
Traded in Other Exchanges
N/A
Address
Cash America International Inc was incorporated in 1984. The Company and its subsidiaries provide specialty financial services to individuals through retail services locations and e-commerce activities. It has two reportable segments: retail services and e-commerce. The retail services segment includes all of the operations of the Company's Retail Services Division, which is composed of both domestic and foreign storefront locations that offer some or all of the following services: pawn lending, consumer loans, check cashing and other ancillary services such as money orders, wire transfers and pre-paid debit cards. (Its ancillary services are provided through third-party vendors.) The e-commerce segment includes the operations of the Company's E-Commerce Division, which is composed of the Company's domestic and foreign online lending channels and the Company's MLOC channel. It offers short-term cash advances exclusively over the internet under the name CashNetUSA in the United States, under the name QuickQuid in the United Kingdom and under the name DollarsDirect in Australia and Canada. The Company operates its locations under the trade names Cash America Pawn, Cash America Payday Advance, Cashland, Mr. Payroll, SuperPawn, CashNetUSA QuickQuid, DollarsDirect and Prenda Facil. The Company's marks Cash America, Cashland, SuperPawn, CashNetUSA and Mr. Payroll are registered with the United States Patent and Trademark Office. The mark Prenda Facil is registered with the Mexican Industrial Property Institute. The principal competitors for its e-commerce segment in the United States include Miami Nation Enterprises, Integrity Advance, Think Finance and certain offshore lenders. In the United Kingdom, the Company believes that its principal online competitors include PaydayUK, PaydayExpress, Wonga and Lending Stream. In Australia, the Company believes its main online competitors are Nimble, Cash Converters and First Stop Money. In Canada, the industry has been dominated by storefront lenders and as a result, the Company's principal competitors are not online lenders but storefront lenders, such as Money Mart, The Cash Store and Cash Money. The Company's operations are subject to regulation, supervision and licensing under various federal, state and local statutes, ordinances and regulations.
Executives
| James H Graves |
director |
ERWIN GRAVES & ASSOCIATES, 2100 MCKINNEY AVE STE 900, DALLAS TX 75205 |
| Daniel E Berce |
director |
801 CHERRY STREET, SUITE 3900, C/O GM FINANCIAL COMPANY, INC., FORT WORTH TX 76102 |
| Daniel R Feehan |
director |
CASH AMERICA INTL INC, 1600 W &TH ST, FORT WORTH TX 76102 |
| Thomas Brent Stuart |
director, officer: President and CEO |
1600 W. 7TH STREET, FORT WORTH TX 76102 |
| B D Hunter |
director |
|
| Timothy S Ho |
officer: President - E-Commerce Div. |
C/O ONEMAIN HOLDINGS, INC., 601 N.W. SECOND STREET, EVANSVILLE IN 47708 |
| David Fisher |
officer: CEO of E-Commerce Division |
39 SOUTH LASALLE STREET, SUITE 220, CHICAGO IL 60605 |
| Morris Clifton H Jr |
director |
C/O AMERICREDIT CORP, 801 CHERRY ST, FORT WORTH TX 76102 |
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