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Poseidon Concepts (Poseidon Concepts) Retained Earnings : $3.6 Mil (As of Sep. 2012)


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What is Poseidon Concepts Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Poseidon Concepts's retained earnings for the quarter that ended in Sep. 2012 was $3.6 Mil.

Poseidon Concepts's quarterly retained earnings increased from Mar. 2012 ($-279.7 Mil) to Jun. 2012 ($17.1 Mil) but then declined from Jun. 2012 ($17.1 Mil) to Sep. 2012 ($3.6 Mil).

Poseidon Concepts's annual retained earnings increased from Dec. 2009 ($-3.4 Mil) to Dec. 2010 ($-1.5 Mil) but then declined from Dec. 2010 ($-1.5 Mil) to Dec. 2011 ($-279.7 Mil).


Poseidon Concepts Retained Earnings Historical Data

The historical data trend for Poseidon Concepts'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.

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Poseidon Concepts Retained Earnings Chart

Poseidon Concepts Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Retained Earnings
Get a 7-Day Free Trial -0.28 2.04 -3.43 -1.54 -279.73

Poseidon Concepts Quarterly Data
Dec06 Dec07 Dec08 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12
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 24.85 -279.73 -279.72 17.13 3.62

Poseidon Concepts 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.


Poseidon Concepts  (GREY:POOSF) 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.


Poseidon Concepts (Poseidon Concepts) Business Description

Traded in Other Exchanges
N/A
Address
645 - 7th Avenue SW, Suite 1200, Calgary, AB, CAN, T2P 4G8
Poseidon Concepts Corp is a customer-focused provider of safe fluid handling solutions to the oil and natural gas sector across North America.

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