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OCZ Technology Group (FRA:OADA) Retained Earnings : €-262.8 Mil (As of Aug. 2013)


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What is OCZ Technology Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. OCZ Technology Group's retained earnings for the quarter that ended in Aug. 2013 was €-262.8 Mil.

OCZ Technology Group's quarterly retained earnings declined from Feb. 2013 (€-232.7 Mil) to May. 2013 (€-249.4 Mil) and declined from May. 2013 (€-249.4 Mil) to Aug. 2013 (€-262.8 Mil).

OCZ Technology Group's annual retained earnings declined from Feb. 2011 (€-40.6 Mil) to Feb. 2012 (€-139.6 Mil) and declined from Feb. 2012 (€-139.6 Mil) to Feb. 2013 (€-232.7 Mil).


OCZ Technology Group Retained Earnings Historical Data

The historical data trend for OCZ Technology Group'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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OCZ Technology Group Retained Earnings Chart

OCZ Technology Group Annual Data
Trend Dec05 Dec06 Feb09 Feb10 Feb11 Feb12 Feb13
Retained Earnings
Get a 7-Day Free Trial -9.32 -18.61 -40.62 -139.58 -232.69

OCZ Technology Group Quarterly Data
Feb09 Nov09 Feb10 May10 Aug10 Nov10 Feb11 May11 Aug11 Nov11 Feb12 May12 Feb13 May13 Aug13
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 -139.58 -62.02 -232.69 -249.40 -262.81

OCZ Technology Group 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.


OCZ Technology Group  (FRA:OADA) 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.


OCZ Technology Group (FRA:OADA) Business Description

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OCZ Technology Group, Inc., a Delaware corporation was formed in 2002. The Company is a provider of high performance solid state drives (SSDs) and memory modules for computing devices and systems. It develops flexible and customizable component solutions quickly and efficiently to meet the ever changing market needs and provide superior customer service. Historically, it mainly sold high performance memory modules to individual computing enthusiasts through catalog and online retail channels. However, SSDs have emerged as a strong market alternative to conventional disk drive technology and SSDs are rooted in much of the same basic technological concepts as its legacy memory module business. Today, as part of a diversification strategy which began in fiscal year 2009, its product mix is significantly more weighted toward the sale of SSDs and the SSD product line has become central to its business. As a result, its target customers are increasingly enterprises and original equipment manufacturers (or OEMs). It designs, develops, manufactures and distributes high performance components for computing devices and systems, including SSDs, other flash memory storage, memory modules, thermal management solutions and PSUs. Its ten largest customers are Amazon.com; ASK Corporation; BAS Group; D&H Distribution Company; Maxcom Memory GmbH; Memoryworld GmbH & Co., KG; Micro Center Corporation; Micro Peripherals LTD; NewEgg.com, operated by Magnell Associate Inc.; and SYX Distribution, Inc. The Company's business is subject to regulation by various federal and state governmental agencies.

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