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NewLake Capital Partners (NewLake Capital Partners) Retained Earnings : $-42.48 Mil (As of Mar. 2024)


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What is NewLake Capital Partners Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. NewLake Capital Partners's retained earnings for the quarter that ended in Mar. 2024 was $-42.48 Mil.

NewLake Capital Partners's quarterly retained earnings declined from Sep. 2023 ($-39.64 Mil) to Dec. 2023 ($-40.91 Mil) and declined from Dec. 2023 ($-40.91 Mil) to Mar. 2024 ($-42.48 Mil).

NewLake Capital Partners's annual retained earnings declined from Dec. 2021 ($-23.57 Mil) to Dec. 2022 ($-32.49 Mil) and declined from Dec. 2022 ($-32.49 Mil) to Dec. 2023 ($-40.91 Mil).


NewLake Capital Partners Retained Earnings Historical Data

The historical data trend for NewLake Capital Partners'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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NewLake Capital Partners Retained Earnings Chart

NewLake Capital Partners Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Retained Earnings
-17.15 -23.57 -32.49 -40.91

NewLake Capital Partners Quarterly Data
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 -34.96 -37.51 -39.64 -40.91 -42.48

NewLake Capital Partners 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.


NewLake Capital Partners  (OTCPK:NLCP) 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.


NewLake Capital Partners (NewLake Capital Partners) Business Description

Traded in Other Exchanges
N/A
Address
50 Locust Avenue, First Floor, New Canaan, CT, USA, 06840
NewLake Capital Partners Inc is an internally-managed real estate investment trust that provides real estate capital to state-licensed cannabis operators through sale-leaseback transactions, third-party purchases, and funding for build-to-suit projects.
Executives
David L. Weinstein director, officer: Chief Executive Officer 62 BEACH STREET, APT. 5F, NEW YORK NY 10013
Peter A. Kadens director C/O KUSHCO HOLDINGS, INC., 6261 KATELLA AVE STE 250, CYPRESS CA 90630
Peter Wiser Martay director C/O NEWLAKE CAPITAL PARTNERS, INC., 300 575 LEXINGTON AVENUE, 14TH FLOOR, NEW YORK NY 10022
Lisa Meyer officer: CFO, Treasurer and Secretary C/O NORTHSTAR REALTY FINANCE CORP., 399 PARK AVENUE, 18TH FLOOR, NEW YORK NY 10022
Anthony Coniglio director, officer: See Remarks 1845 WALNUT STREET, 10TH FLOOR, PHILADELPHIA PA 19103
Gordon F Dugan director 50 ROCKEFELLER PLZ, 2ND FLOOR, NEW YORK NY 10020
Fredric S. Starker officer: See Remarks 52 VANDERBILT AVENUE, SUITE 403, NEW YORK NY 10017
Alan Jeffrey Carr director 8540 GANDER CREEK DRIVE, MIAMISBURG OH 45342
Joyce Johnson director 8251 S LUELLA AVENUE, CHICAGO IL 60617