FCCC (FCIC) Retained Earnings : $-9.80 Mil (As of Dec. 2023)

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What is FCCC Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. FCCC's retained earnings for the quarter that ended in Dec. 2023 was $-9.80 Mil.

FCCC's quarterly retained earnings declined from Jun. 2023 ($-9.71 Mil) to Sep. 2023 ($-9.80 Mil) but then stayed the same from Sep. 2023 ($-9.80 Mil) to Dec. 2023 ($-9.80 Mil).

FCCC's annual retained earnings declined from Mar. 2021 ($-9.20 Mil) to Mar. 2022 ($-9.38 Mil) and declined from Mar. 2022 ($-9.38 Mil) to Mar. 2023 ($-9.51 Mil).

FCCC Retained Earnings Historical Data

The historical data trend for FCCC'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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FCCC Retained Earnings Chart

FCCC Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Retained Earnings

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-9.08

-9.14

-9.20

-9.38

-9.51

FCCC 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															-9.44	-9.51	-9.71	-9.80	-9.80

FCCC 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.

FCCC (OTCPK:FCIC) 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.

FCCC (FCIC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » FCCC Inc (OTCPK:FCIC) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

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Address

40 Wall St, Floor 60, New York City, NY, USA, 10005

Website

https://www.fcic.us

FCCC Inc is a shell company.

Executives

Frederick L Farrar	director	C/O WINDROSE MEDICAL PROPERTIES TRUST, 3502 WOODVIEW TRACE #210, INDIANAPOLIS IN 46268
Fnu Oudom	director, 10 percent owner, officer: Chairman and President	7700 IRVINE CENTRE DRIVE, SUITE 800, IRVINE CA 92618
American Public Investment Co.	10 percent owner	7700 IRVINE CENTRE DRIVE, SUITE 800, IRVINE CA 92618
Caren D. Currier	officer: Chief Financial Officer	7700 IRVINE CENTRE DRIVE, SUITE 800, IRVINE CA 92618
Huijun He	10 percent owner, officer: CEO and Vice President	7700 IRVINE CENTER DRIVE STE 800, IRVINE CA 92618
Chafre, Llc	10 percent owner	3502 WOODVIEW TRACE, SUITE 200, INDIANAPOLIS IN 46032
Fred Merritt	director, 10 percent owner	14510 LIMA ROAD, FORT WAYNE IN 46818
Lfm Investments, Inc.	10 percent owner	3924 KITTY HAWK COURT, CARMEL IN 46033
Daniel R Loftus	director, officer: Secretary	5210 HEATHROW HILLS DRIVE, BRENTWOOD TN 37027
Claudia B Carucci	10 percent owner	17 EAGLE ISLAND PLACE, SHELDON SC 29941-3017
Uncle Mills Partners, Llc	10 percent owner	17 EAGLE ISLAND PLACE, SHELDON SC 29941-3017
Robert Edward Humphreys	10 percent owner	PO BOX 990423, BOSTON MA 02199-0423
Zimmerman Bernard & Co Inc	10 percent owner, other: Affiliate of President of Co.	18 HIGH MEADOW ROAD, WESTON CT 06883
Carucci Walter P /ny	10 percent owner	C/O CARR SECURITIES CORP, 14 VANDERVENTER AVENUE, SUITE 210, PORT WASHINGTON NY 11050
Lawrence R Yurdin	director	431B N TRAIL, STRATFORD CT 06815

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