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Connecticut Water Service (Connecticut Water Service) Retained Earnings : $104.5 Mil (As of Jun. 2019)


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What is Connecticut Water Service Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Connecticut Water Service's retained earnings for the quarter that ended in Jun. 2019 was $104.5 Mil.

Connecticut Water Service's quarterly retained earnings declined from Dec. 2018 ($104.2 Mil) to Mar. 2019 ($102.7 Mil) but then increased from Mar. 2019 ($102.7 Mil) to Jun. 2019 ($104.5 Mil).

Connecticut Water Service's annual retained earnings increased from Dec. 2016 ($91.2 Mil) to Dec. 2017 ($102.4 Mil) and increased from Dec. 2017 ($102.4 Mil) to Dec. 2018 ($104.2 Mil).


Connecticut Water Service Retained Earnings Historical Data

The historical data trend for Connecticut Water Service'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.

Connecticut Water Service Retained Earnings Chart

Connecticut Water Service Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 69.37 80.38 91.21 102.42 104.19

Connecticut Water Service Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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 98.52 108.42 104.19 102.66 104.49

Connecticut Water Service 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.


Connecticut Water Service  (NAS:CTWS) 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.


Connecticut Water Service (Connecticut Water Service) Business Description

Traded in Other Exchanges
N/A
Address
93 West Main Street, Clinton, CT, USA, 06413
Connecticut Water Service Inc is a water utility that operates in the northeastern region of the United States, specifically Connecticut and Maine. The company has various subsidiaries and divisions, including water operations, which supplies public drinking water; real estate transactions, which sells real estate holdings; and service rentals, which sells contracted water and wastewater services. The major customers of the firm are residential, commercial, fire protection, public authority, and industrial entities. The majority of the company's revenue is derived from its water operations segment and residential customers.
Executives
Ellen C Wolf director C/O AMERICAN WATER WORKS CO INC, 1025 LAUREL OAK RD P O BOX 1770, VOORHEES NJ 08043
Maureen P Westbrook officer: VP, Customer & Reg Affairs 93 WEST MAIN ST, CLINTON CT 06413
A Kristen Johnson officer: V.P. Human Resources C/O CONNECTICUT WATER SERVICE, INC., 93 WEST MAIN STREET, CLINTON CT 06413
Mary Ann Hanley director 93 WEST MAIN STREET, CLINTON CT 06413
Carol P Wallace director 93 WEST MAIN STREET, CLINTON CT 06413
Hunt Heather director 93 WEST MAIN STREET, CLINTON CT 06413
David C Benoit officer: President & CEO 93 WEST MAIN ST, CLINTON CT 06413
Eric W Thornburg director, officer: President/CEO/Chairman 13165 TEN OAK COURT, SARATOGA CA 95070
Judith Kelly officer: Div. Pres. Maine Water C/O NORTHEAST BANK, 500 CANAL STREET, LEWISTON ME 04240