Hercules Offshore (FRA:H6XA) Retained Earnings : €-45.4 Mil (As of Mar. 2016)

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What is Hercules Offshore Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Hercules Offshore's retained earnings for the quarter that ended in Mar. 2016 was €-45.4 Mil.

Hercules Offshore's quarterly retained earnings increased from Sep. 2015 (€-1,559.6 Mil) to Dec. 2015 (€-21.7 Mil) but then declined from Dec. 2015 (€-21.7 Mil) to Mar. 2016 (€-45.4 Mil).

Hercules Offshore's annual retained earnings declined from Dec. 2013 (€-944.3 Mil) to Dec. 2014 (€-1,224.3 Mil) but then increased from Dec. 2014 (€-1,224.3 Mil) to Dec. 2015 (€-21.7 Mil).

Hercules Offshore Retained Earnings Historical Data

The historical data trend for Hercules Offshore'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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Hercules Offshore Retained Earnings Chart

Hercules Offshore Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Retained Earnings

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-834.85

-933.82

-944.30

-1,224.35

-21.73

Hercules Offshore Quarterly Data
	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16
Retained Earnings	Get a 7-Day Free Trial															-1,447.72	-1,474.64	-1,559.60	-21.73	-45.44

Hercules Offshore 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.

Hercules Offshore (FRA:H6XA) 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.

Hercules Offshore (FRA:H6XA) Business Description

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http://www.herculesoffshore.com

Hercules Offshore Inc is a Delaware corporation formed on July 27, 2004. The Company provides shallow-water drilling and marine services to the oil and natural gas exploration and production industry. It provides services to national oil and gas companies, to integrated energy companies and oil and natural gas operators. Its diverse fleet is capable of providing services such as oil and gas exploration and development drilling, well service, platform inspection, maintenance and decommissioning operations in several key shallow-water provinces. Its business segments includes: Domestic Offshore, International Offshore, and International Liftboats. Domestic Offshore includes 18 jackup rigs in the U.S. Gulf of Mexico that can drill in maximum water depths ranging from 120 to 350 feet. Nine of the jackup rigs are either under contract or available for contracts and nine are cold stacked. International Offshore includes nine jackup rigs outside of the U.S. Gulf of Mexico. The Company has three jackup rigs contracted offshore in Saudi Arabia, one jackup rig contracted offshore in Congo, one jackup rig ready stacked and one jackup rig warm stacked in Gabon, one jackup ready stacked in the Netherlands and one jackup rig warm stacked in Malaysia. Additionally, the Company has one newbuild jackup rig under construction in Singapore that is expected to be delivered in the second quarter of 2016. International Liftboats - includes 19 liftboats. Fifteen are operating or available for contracts offshore West Africa, one is cold stacked offshore West Africa and three are operating or available for contracts in the Middle East region. Its customers include integrated energy companies, independent oil and natural gas operators and national oil companies. The Company is subject to the jurisdiction of the Coast Guard, the National Transportation Safety Board, the Customs and Boarder Protection, the Department of Interior, the Bureau of Ocean Energy Management and the Bureau of Safety and Environmental Enforcement as well as private industry organizations such as the American Bureau of Shipping.

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