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Mobile Mini (Mobile Mini) Retained Earnings : $440.1 Mil (As of Mar. 2020)


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What is Mobile Mini Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Mobile Mini's retained earnings for the quarter that ended in Mar. 2020 was $440.1 Mil.

Mobile Mini's quarterly retained earnings increased from Sep. 2019 ($428.4 Mil) to Dec. 2019 ($445.3 Mil) but then declined from Dec. 2019 ($445.3 Mil) to Mar. 2020 ($440.1 Mil).

Mobile Mini's annual retained earnings declined from Dec. 2017 ($463.3 Mil) to Dec. 2018 ($410.6 Mil) but then increased from Dec. 2018 ($410.6 Mil) to Dec. 2019 ($445.3 Mil).


Mobile Mini Retained Earnings Historical Data

The historical data trend for Mobile Mini'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.

Mobile Mini Retained Earnings Chart

Mobile Mini Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 352.26 362.90 463.32 410.64 445.29

Mobile Mini Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
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 416.39 418.07 428.40 445.29 440.14

Mobile Mini 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.


Mobile Mini  (NAS:MINI) 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.


Mobile Mini (Mobile Mini) Business Description

Traded in Other Exchanges
N/A
Address
4646 East Van Buren Street, Suite 400, Phoenix, AZ, USA, 85008
Mobile Mini Inc manufactures, rents, and sells portable storage containers. It generates the vast majority of its revenue from the rental of storage containers. The company's products are organized into two primary categories. Portable storage containers are dropped off at a customers' location by Mobile Mini and used by businesses in the retail, manufacturing, and construction industries. Tank and Pump Solutions consists of liquid and solid containers, as well as pumps and filtration equipment used by companies in the chemicals manufacturing, refining, mining, and the oil and gas industries. The company organizes itself into three segments based on geography: North America, United Kingdom, and Tank and Pump Solutions. The majority of revenue comes from the North America segment.
Executives
Kelly M Williams officer: President & C.E.O. 7420 S. KYRENE ROAD, SUITE 101, TEMPE AZ 85283
Michael W Upchurch director KANSAS CITY SOUTHERN, PO BOX 219335, KANSAS CITY MO 64121
Jeffrey S Goble director 10617 NORTH HAYDEN ROAD SUITE 100, SCOTTSDALE AZ 85260
Christopher J Miner officer: Senior VP & General Counsel 7420 SOUTH KYRENE ROAD SUITE 101, TEMPE AZ 85253
Erik Olsson director C/O RSC HOLDINGS INC., 6929 E. GREENWAY PARKWAY, SCOTTSDALE AZ 85254
Kimberly J Mcwaters director 20410 NORTH 19TH AVENUE, PHOENIX AZ 85027
Mark W Krivoruchka officer: S.V.P. and Chief H.R. Officer RSC HOLDINGS INC. 6929 EAST GREENWAY PARKWAY, SUITE 200 SCOTTSDALE AZ 85254
James J Martell director 314 RINGLING POINT DRIVE, SARASOTA FL 34234
Sara R. Dial director 3300 W. CAMELBACK ROAD, SCOTTSDALE AZ 85017
Stephen A Mcconnell director 6700 EAST SOLANO DRIVE, PARADISE VALLEY AZ 85253
Sanjay Swani director 320 PARK AVENUE STE 2500, NEW YORK NY 10022
Philip Hobson officer: Executive V.P., Operations C/O RSC HOLDINGS INC., 6929 E. GREENWAY PARKWAY, SCOTTSDALE AZ 85254
Thomas Scully 10 percent owner 320 PARK AVENUE, SUITE # 2500, NEW YORK NM 10022
Wcas Management Corp 10 percent owner 599 LEXINGTON AVENUE, SUITE 1800, NEW YORK NY 10022
Anthony F Ecock 10 percent owner C/O ICAD INC, 98 SPIT BROOK ROAD SUITE 100, NASHUA NH 03062

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