GlyEco (GlyEco) Retained Earnings : $-49.03 Mil (As of Mar. 2019)

View and export this data going back to . Start your Free Trial

What is GlyEco Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. GlyEco's retained earnings for the quarter that ended in Mar. 2019 was $-49.03 Mil.

GlyEco's quarterly retained earnings declined from Sep. 2018 ($-45.71 Mil) to Dec. 2018 ($-47.31 Mil) and declined from Dec. 2018 ($-47.31 Mil) to Mar. 2019 ($-49.03 Mil).

GlyEco's annual retained earnings declined from Dec. 2016 ($-36.82 Mil) to Dec. 2017 ($-42.00 Mil) and declined from Dec. 2017 ($-42.00 Mil) to Dec. 2018 ($-47.31 Mil).

GlyEco Retained Earnings Historical Data

The historical data trend for GlyEco'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.

GlyEco Retained Earnings Chart

GlyEco Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Retained Earnings

Get a 7-Day Free Trial

-22.10

-34.55

-36.82

-42.00

-47.31

GlyEco Quarterly Data
	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19
Retained Earnings	Get a 7-Day Free Trial															-43.21	-44.37	-45.71	-47.31	-49.03

GlyEco 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.

GlyEco (OTCPK:GLYE) 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.

GlyEco (GlyEco) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » GlyEco Inc (OTCPK:GLYE) » Definitions » Retained Earnings

Traded in Other Exchanges

N/A

Address

P.O. Box 387, Institute, WV, USA, 25112

Website

http://www.glyeco.com

GlyEco Inc is an American specialty chemical company engaged in collecting and recycling waste glycol into a reusable product. The company operates through two segments: Consumer and Industrial. Through its Consumer segment, it processes waste glycol into high-quality recycled glycol products such as automotive antifreeze, and related specialty blended antifreeze across several processing and distribution centers in the US. Industrial's principal business activity consists of two divisions which involve in manufacturing and marketing additive packages for the antifreeze/coolant, gas patch coolants and heat transfer industries and RS&T, which operates a 14-20 million gallon per year, ASTM E1177 EG-1, glycol re-distillation plant processing waste glycol into good quality recycled glycol.

Executives

Wynnefield Partners Small Cap Value Lp	10 percent owner	450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Nelson Obus	10 percent owner
Wynnefield Capital Management Llc	10 percent owner	450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Wynnefield Partners Small Cap Value Lp I	10 percent owner	450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Joshua Landes	10 percent owner
Wynnefield Capital, Inc. Profit Sharing Plan	10 percent owner	450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Wynnefield Capital Inc	10 percent owner	450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Wynnefield Small Cap Value Offshore Fund Ltd	10 percent owner	450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Dwight Mamanteo	director	C/O GERSTEN SAVAGE LLP 600 LEXINGTON AVE., 9TH FLOOR NEW YORK NY 10022
Melvin L Keating	director	18 DRIFTWOOD DRIVE, LIVINGSTON NJ 07039
Kevin J Conner	officer: Chief Financial Officer	110 SOUTH STATE STREET, SUITE 200, NEWTOWN PA 18940