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Digi International (Digi International) Retained Earnings : $221.8 Mil (As of Dec. 2023)


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What is Digi International Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Digi International's retained earnings for the quarter that ended in Dec. 2023 was $221.8 Mil.

Digi International's quarterly retained earnings increased from Jun. 2023 ($218.5 Mil) to Sep. 2023 ($224.8 Mil) but then declined from Sep. 2023 ($224.8 Mil) to Dec. 2023 ($221.8 Mil).

Digi International's annual retained earnings increased from Sep. 2021 ($180.7 Mil) to Sep. 2022 ($200.1 Mil) and increased from Sep. 2022 ($200.1 Mil) to Sep. 2023 ($224.8 Mil).


Digi International Retained Earnings Historical Data

The historical data trend for Digi International'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.

Digi International Retained Earnings Chart

Digi International Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 161.92 170.33 180.69 200.08 224.85

Digi International 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 205.85 211.75 218.48 224.85 221.79

Digi 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.


Digi International  (NAS:DGII) 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.


Digi International (Digi International) Business Description

Traded in Other Exchanges
Address
9350 Excelsior Boulevard, Suite 700, Hopkins, MN, USA, 55343
Digi International Inc is a Minnesota corporation. The company provides business and mission-critical and Internet of Things (IoT) connectivity products and services. It has two segments: IoT Products and Services and IoT Solutions. The IoT Products and Services segment consists of distinct communications products and communication product development services. IoT Solutions segment offers wireless temperature and other environmental condition monitoring services as well as employee task management services. The company generates majority of its revenue from the IoT Products & Services segment. Geographically, the company generates majority of its revenue from its business in the United States and also has its presence in Europe, Middle East and Africa and Rest of the world.
Executives
Terrence G. Schneider officer: VP, Supply Chain 9350 EXCELSIOR BLVD, SUITE 700, HOPKINS MN 55343
David H. Sampsell officer: VP, Corp. Dev, GC & Corp. Sec. 9350 EXCELSIOR BLVD, HOPKINS MN 55343
James J. Loch officer: Chief Financial Officer 9350 EXCELSIOR BLVD, SUITE 700, HOPKINS MN 55343
Ronald Konezny director, officer: President and CEO C/O DIGI INTERNATIONAL INC., 9350 EXCELSIOR BLVD, SUITE 700, HOPKINS MN 55343
Radha Chavali officer: VP, Technology Services 9350 EXCELSIOR BLVD, SUITE 700, HOPKINS MN 55343
Tracy L. Roberts officer: VP, Technology Services 9350 EXCELSIOR BLVD, HOPKINS MN 55343
Kevin C. Riley officer: President, Digi SmartSense 9350 EXCELSIOR BLVD, SUITE 700, HOPKINS MN 55343
Michael A. Ueland officer: President of Products 216 BRIDLE CREEK DRIVE, CARY NC 27513
Jon A. Nyland officer: VP, Manufacturing Operations 11001 BREN ROAD EAST, MINNETONKA MN 55343
Brian G. Ballenger officer: VP Fin, Acting PFO & PAO 9350 EXCELSIOR BLVD, SUITE 700, HOPKINS MN 55343
Hatem H. Naguib director 9350 EXCELSIOR BLVD, SUITE 700, HOPKINS MN 55343
Ahmed Nawaz director 1110 AMERICAN PARKWAY NE, ALLENTOWN PA 18109
Gokul V Hemmady officer: Senior VP/CFO/Treasurer P.O. BOX 1101, MS067, MINNEAPOLIS MN 55440-1101
Sally J Smith director 5500 WAYZATA BLVD., SUITE 1600, MINNEAPOLIS MN 55416
Christopher Heim director C/O DIGI INTERNATIONAL INC., 9350 EXCELSIOR BLVD, SUITE 700, HOPKINS MN 55343

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