Ultralife (Ultralife) Retained Earnings : $-40.8 Mil (As of Dec. 2023)

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What is Ultralife Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Ultralife's retained earnings for the quarter that ended in Dec. 2023 was $-40.8 Mil.

Ultralife's quarterly retained earnings increased from Jun. 2023 ($-45.0 Mil) to Sep. 2023 ($-43.6 Mil) and increased from Sep. 2023 ($-43.6 Mil) to Dec. 2023 ($-40.8 Mil).

Ultralife's annual retained earnings declined from Dec. 2021 ($-47.8 Mil) to Dec. 2022 ($-48.0 Mil) but then increased from Dec. 2022 ($-48.0 Mil) to Dec. 2023 ($-40.8 Mil).

Ultralife Retained Earnings Historical Data

The historical data trend for Ultralife'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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Ultralife Retained Earnings Chart

Ultralife Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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-52.83

-47.60

-47.83

-47.95

-40.75

Ultralife 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															-47.95	-48.30	-44.96	-43.63	-40.75

Ultralife 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.

Ultralife (NAS:ULBI) 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.

Ultralife (Ultralife) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ultralife Corp (NAS:ULBI) » Definitions » Retained Earnings

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ULB:Germany

Address

2000 Technology Parkway, Newark, NY, USA, 14513

Website

https://www.ultralifecorporation.com

Ultralife Corp provides products and services ranging from power solutions to communications and electronics systems to customers across the globe in the government and defense, medical, safety and security, energy, and industrial sectors. The company design, manufacture, install and maintain power and communications systems including rechargeable and non-rechargeable batteries, charging systems, communications and electronics systems and accessories, and custom-engineered systems. The company's segments include Battery and Energy Products, and Communications Systems. It generates maximum revenue from Battery and Energy Products segment.

Executives

Bradford T Whitmore	10 percent owner	5215 OLD ORCHARD ROAD, SUITE 620, SKOKIE IL 60077
Michael Edward Manna	director, officer: President and CEO	2000 TECHNOLOGY PARKWAY, NEWARK NY 14513
W. Shaw Robert	director	2000 TECHNOLOGY PARKWAY, NEWARK NY 14513
Janie Goddard	director	C/O ACON - 1133 CONNECTICUT AVENUE, NW, SUITE 700, WASHINGTON DC 20036
Thomas Louis Saeli	director	2000 TECHNOLOGY PARKWAY, NEWARK NY 14513
Philip A Fain	officer: Vice President	C/O CXO ON THE GO OF DELAWARE, LLC, 3349 MONROE AVENUE, # 256, ROCHESTER NY 14618
Michael D Popielec	director, officer: President and CEO	2000 TECHNOLOGY PARKWAY, NEWARK NY 14513
Steven Mark Anderson	director	2000 TECHNOLOGY PARKWAY, NEWARK NY 14513
Sunray I, Llc	10 percent owner	1560 SHERMAN AVENUE, SUITE 900, EVANSTON IL 60201
James A. Croce	director	2000 TECHNOLOGY PARKWAY, NEWARK NY 14513
Spurgeon Corp	10 percent owner	407 S. THIRD STREET, SUITE 230, GENEVA IL 60134
Patricia C Barron	director	6601 WEST BROAD STREET, P O BOX 27003, RICHMOND VA 23261-7003
Daniel W Christman	director	C/O ENTEGRIS, INC., 129 CONCORD ROAD, BILLERICA MA 01821
Paula H Cholmondeley	director	221 W PHILADELPHIA ST, SUITE 60W, YORK PA 17401-2991
Ranjit C Singh	director