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Power REIT (Power REIT) Retained Earnings : $-25.79 Mil (As of Dec. 2023)


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What is Power REIT Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Power REIT's retained earnings for the quarter that ended in Dec. 2023 was $-25.79 Mil.

Power REIT's quarterly retained earnings declined from Jun. 2023 ($-13.63 Mil) to Sep. 2023 ($-23.82 Mil) and declined from Sep. 2023 ($-23.82 Mil) to Dec. 2023 ($-25.79 Mil).

Power REIT's annual retained earnings declined from Dec. 2021 ($4.13 Mil) to Dec. 2022 ($-10.78 Mil) and declined from Dec. 2022 ($-10.78 Mil) to Dec. 2023 ($-25.79 Mil).


Power REIT Retained Earnings Historical Data

The historical data trend for Power REIT'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.

Power REIT Retained Earnings Chart

Power REIT Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.25 -0.36 4.13 -10.78 -25.79

Power REIT 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 -10.78 -11.28 -13.63 -23.82 -25.79

Power REIT 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.


Power REIT  (AMEX:PW) 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.


Power REIT (Power REIT) Business Description

Traded in Other Exchanges
Address
301 Winding Road, Old Bethpage, NY, USA, 11804
Power REIT is a real estate investment trust (REIT) that owns real estate related to properties for Controlled Environment Agriculture, Renewable Energy and Transportation. The company is actively seeking to expand its real estate portfolio related to Controlled Environment Agriculture for the cultivation of food and cannabis. The company is focused on CEA in the form of a greenhouse which uses dramatically less energy than indoor growing, 95% less water usage than outdoor growing and does not have any agricultural runoff of fertilizers or pesticides. To date, its greenhouse properties are operated for the cultivation of cannabis by state-licensed operators.
Executives
Dionisio D'aguilar director 301 WINDING ROAD, OLD BETHPAGE NY 11804
Virgil E Wenger director 450 MIDDLESEX RD, DARIEN CT 06820-2519
Haynes Patrick R Iii director 1111 W STREET, NW, APARTMENT #1, WASHINGTON DC DC 20009
Paula Poskon director 2529 VIRGINIA BEACH BLVD., VIRGINIA BEACH VA 23452
Susan Hollander officer: Chief Accounting Officer 21 PASTURE LANE, OLD BETHPAGE NY 11804
David H Lesser director, 10 percent owner, officer: Chairman and CEO 301 WINDING ROAD, OLD BETHPAGE NY 11804
Justinian Hobor director 1358 W. GREENLEAF AVE., APT. 3S, CHICAGO IL 60626
William Susman director 3 EAST 84TH STREET, NEW YORK NY 10028
Arun Mittal officer: Corporate Secretary, Treasurer 2631 MEADOW HALL DRIVE, HERNDON VA 20171