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GulfMark Offshore (GulfMark Offshore) Retained Earnings : $-36.46 Mil (As of Sep. 2018)


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What is GulfMark Offshore Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. GulfMark Offshore's retained earnings for the quarter that ended in Sep. 2018 was $-36.46 Mil.

GulfMark Offshore's quarterly retained earnings declined from Mar. 2018 ($-11.73 Mil) to Jun. 2018 ($-25.30 Mil) and declined from Jun. 2018 ($-25.30 Mil) to Sep. 2018 ($-36.46 Mil).

GulfMark Offshore's annual retained earnings declined from Dec. 2015 ($444.18 Mil) to Dec. 2016 ($241.21 Mil) and declined from Dec. 2016 ($241.21 Mil) to Dec. 2017 ($3.51 Mil).


GulfMark Offshore Retained Earnings Historical Data

The historical data trend for GulfMark 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.

* Premium members only.

GulfMark Offshore Retained Earnings Chart

GulfMark Offshore Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 623.22 659.40 444.18 241.21 3.51

GulfMark Offshore Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 57.13 3.51 -11.73 -25.30 -36.46

GulfMark 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.


GulfMark Offshore  (AMEX:GLF) 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.


GulfMark Offshore (GulfMark Offshore) Business Description

Traded in Other Exchanges
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Address
GulfMark Offshore Inc is engaged in providing offshore marine services primarily to companies involved in the offshore exploration and production of oil and natural gas. Its vessels transport materials, supplies, and personnel to offshore facilities, and also move and position drilling and production facilities. Geographically, the operation of the firm can be seen across the region of the North Sea, offshore Southeast Asia, and offshore the Americas. It operates a fleet of over 69 owned or managed offshore supply vessels (OSVs), which include over 28 vessels in the North Sea, over 10 vessels offshore Southeast Asia and over 31 vessels offshore the Americas.
Executives
Samuel R Rubio officer: Senior VP and CFO 10111 RICHMOND AVE., STE. 340, HOUSTON TX 77042
Eugene I Davis director 8540 GANDER CREEK DRIVE, MIAMISBURG OH 45342
Krishna Shivram director C/O WEATHERFORD INTERNATIONAL PLC, 2000 ST JAMES PLACE, HOUSTON TX 77056
Quintin Kneen director, officer: President & CEO 400 N. SAM HOUSTON PKWY E. #900, HOUSTON TX 77060
William C Martin director, 10 percent owner C/O RAGING CAPITAL MANAGEMENT, LLC, TEN PRINCETON AVENUE, PO BOX 228, ROCKY HILL NJ 08553
Raging Capital Management, Llc director, 10 percent owner TEN PRINCETON AVENUE, PO BOX 228, ROCKY HILL NJ 08553-0228
Scott Mccarty director 301 COMMERCE STREET, SUITE 2975, FORT WORTH TX 76102
Kenneth H Traub director, other: See Remarks
Geoffrey Raynor director, 10 percent owner 301 COMMERCE STREET, SUITE 3200, FORT WORTH TX 76102
Renegade Swish, Llc director, 10 percent owner 301 COMMERCE STREET, SUITE 3200, FORT WORTH TX 76102
Louis Raspino director 1330 POST OAK BLVD, STE 2700, HOUSTON TX 77056
Tidewater Inc 10 percent owner 842 WEST SAM HOUSTON PARKWAY NORTH, SUITE 400, HOUSTON TX 77024
David E Darling officer: Former SVP - CHRO 6002 ROGERDALE ROAD, SUITE 600, HOUSTON TX 77072
Sheldon S Gordon director
David J Butters director RELIANT STADIUM TWO RELIANT PARK, HOUSTON TX 77054