Fuel Systems Solutions 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.
Fuel Systems Solutions (NAS:FSYS) 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.
Fuel Systems Solutions (Fuel Systems Solutions) Business Description
Traded in Other Exchanges
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Address
Fuel Systems Solutions Inc was incorporated in 1985. The Company designs, manufactures and supplies alternative fuel components and systems for use in the transportation and industrial markets. Its components and systems control the pressure and flow of gaseous alternative fuels, such as propane and natural gas used in internal combustion engines. The Company is directly involved in two markets: automotive and industrial. Industrial segment consists of the Company's industrial mobile and stationary equipment and auxiliary power unit (APU), and the Company's heavy duty commercial transportation operations. Automotive segment consists of the Company's passenger and light duty commercial transportation (automotive OEM and aftermarket) and transportation infrastructure operations (compressors). Its products include gaseous fuel regulators, fuel shut-off valves, fuel metering and delivery systems, complete engine systems, auxiliary power systems and electronic controls for use in internal combustion engines for the transportation, industrial and power generation markets. It sells products through a network encompassing distributors and dealers in more than 60 countries and through a sales force that develops sales with distributors, OEMs and end-users. It manufactures and assembles a majority of its products at its facilities in Santa Ana, California, Union City, Indiana, Kitchener, Canada, Beccar, Argentina and Cherasco, Italy and to a lesser extent at some of its other international facilities. Its competitors in gaseous fuel delivery products, accessory components and engine conversions markets include Westport Innovations Inc. located in Canada; Enovation Controls LLC and Woodward, Inc. located in North America; Landi Group and O.M.T. Tartarini, S.r.L. located in Italy; and Nikki Company Ltd. located in Japan.
Executives
| Kevin Douglas |
10 percent owner, other: 13(d)(3) group |
300A DRAKES LANDING ROAD, SUITE 200, GREENBRAE CA 94904 |
| Douglas Family Trust |
10 percent owner, other: 13(d)(3) group |
300A DRAKES LANDING ROAD, SUITE 200, GREENBRAE CA 94904 |
| James & Jean Douglas Irrevocable Descendants Trust |
10 percent owner, other: 13(d)(3) group |
300A DRAKES LANDING ROAD, SUITE 200, GREENBRAE CA 94904 |
| Douglas James E Iii |
10 percent owner, other: 13(d)(3) group |
300A DRAKES LANDING ROAD, SUITE 200, GREENBRAE CA 94904 |
| Michelle Douglas |
10 percent owner, other: 13(d)(3) group |
125 E. SIR FRANCIS DRAKE BLVD., SUITE 400, LARKSPUR CA 94939 |
| Steven R Becker |
director, other: Member of 13D 10% Group |
5525 NAKOMA DRIVE, DALLAS TX 75209 |
| Northern Right Capital Management, L.p. |
other: Member of 13D 10% Group |
9 OLD KINGS HWY. S., 4TH FLOOR, DARIEN CT 06820 |
| Bc Advisors Llc |
other: Member of 13D 10% Group |
500 CRESCENT COURT, SUITE 230, DALLAS TX 75201 |
| Northern Right Capital (qp), L.p. |
other: Member of 13D 10% Group |
9 OLD KINGS HWY. S., 4TH FLOOR, DARIEN CT 06820 |
| Matthew A Drapkin |
other: Member of 13D 10% Group |
10 CORBIN DRIVE, 3RD FLOOR, DARIEN CT 06820 |
| Becker Drapkin Partners Slv, Ltd. |
other: Member of 13D 10% Group |
C/O MAPLES CORPORATE SERVICES LIMITED, UGLAND HOUSE, PO BOX 309, GRAND CAYMAN E9 KY1-1104 |
| Troy A Clarke |
director |
C/O FUEL SYSTEMS SOLUTIONS, INC., 780 THIRD AVE. 25TH FLOOR, NEW YORK NY 10017 |
| Pietro Bersani |
officer: CHIEF FINANCIAL OFFICER |
C/O FUEL SYSTEMS SOLUTIONS, INC., 780 THIRD AVE. 25TH FLOOR, NEW YORK NY 10017 |
| Becker Drapkin Partners, L.p. |
other: Member of 13D 10% Group |
500 CRESCENT COURT, SUITE 230, DALLAS TX 75201 |
| William J Young |
director |
3030 SOUTH SUSAN STREET, SANTA ANA CA 92704 |
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