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Manhattan Bridge Capital (Manhattan Bridge Capital) Retained Earnings : $-1.41 Mil (As of Mar. 2024)


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What is Manhattan Bridge Capital Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Manhattan Bridge Capital's retained earnings for the quarter that ended in Mar. 2024 was $-1.41 Mil.

Manhattan Bridge Capital's quarterly retained earnings increased from Sep. 2023 ($-1.63 Mil) to Dec. 2023 ($-1.57 Mil) and increased from Dec. 2023 ($-1.57 Mil) to Mar. 2024 ($-1.41 Mil).

Manhattan Bridge Capital's annual retained earnings declined from Dec. 2021 ($-1.35 Mil) to Dec. 2022 ($-1.89 Mil) but then increased from Dec. 2022 ($-1.89 Mil) to Dec. 2023 ($-1.57 Mil).


Manhattan Bridge Capital Retained Earnings Historical Data

The historical data trend for Manhattan Bridge Capital'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.

Manhattan Bridge Capital Retained Earnings Chart

Manhattan Bridge Capital Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.59 -0.40 -1.35 -1.89 -1.57

Manhattan Bridge Capital Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -1.92 -1.79 -1.63 -1.57 -1.41

Manhattan Bridge Capital 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.


Manhattan Bridge Capital  (NAS:LOAN) 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.


Manhattan Bridge Capital (Manhattan Bridge Capital) Business Description

Traded in Other Exchanges
N/A
Address
60 Cutter Mill Road, Suite 205, Great Neck, NY, USA, 11021
Manhattan Bridge Capital Inc is a real estate finance company taxed as a REIT that specializes in originating, servicing and managing a portfolio of first mortgage loans. The company offers short-term, secured, non-banking loans which may renew or extend, before or after their initial term expires, to real estate investors to fund their acquisition, renovation, rehabilitation or development of residential or commercial properties located in the New York metropolitan area, including New Jersey and Connecticut, and in Florida.
Executives
Assaf Ran director, 10 percent owner, officer: President & CEO C/O DAG MEDIA INC, 125-10 QUEENS BOULEVARD, KEN GARDENS NY 11415
Michael Jackson director AGENCY.COM, 20 EXCHANGE PL, NEW YORK NY 10005
Lyron L Bentovim director 60 CUTTER MILL ROAD, GREAT NECK, NEW YORK NY 11021
Vanessa Kao officer: CFO C/O MANHATTAN BRIDGE CAPITAL, INC., 60 CUTTER MILL ROAD, GREAT NECK NY 11021
Eran Goldshmid director C/O DAG MEDIA INC, 125-10 QUEENS BOULEVARD, KEN GARDENS NY 11415
Phillip Michals director C/O DAG MEDIA INC, 125-10 QUEENS BOULEVARD, KEN GARDENS NY 11415
Inbar Evron-yogev officer: Chief Financial Officer 792 COLUMBUS AVENUE, NEW YORK NY 10025
Mark Alhadeff director 520 EAST 11TH STREET, NEW YORK NY 10009
Yael Shimor Golan director, officer: CFO 247 W 57TH ST, NEW YORK NY 10019
Hummingbird Value Fund Lp 10 percent owner, other: See footnote 1. 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Hummingbird Management Llc 10 percent owner, other: See footnote 1. 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Paul D Sonkin 10 percent owner, other: See footnote 1. 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Hummingbird Microcap Value Fund Lp 10 percent owner, other: See footnote 1. 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Hummingbird Capital Llc 10 percent owner, other: See footnote 1. 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Stephen A Zelnick director

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