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Pulse Seismic (Pulse Seismic) Retained Earnings : $-36.26 Mil (As of Mar. 2024)


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What is Pulse Seismic Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Pulse Seismic's retained earnings for the quarter that ended in Mar. 2024 was $-36.26 Mil.

Pulse Seismic's quarterly retained earnings declined from Sep. 2023 ($-35.30 Mil) to Dec. 2023 ($-37.82 Mil) but then increased from Dec. 2023 ($-37.82 Mil) to Mar. 2024 ($-36.26 Mil).

Pulse Seismic's annual retained earnings declined from Dec. 2021 ($-25.88 Mil) to Dec. 2022 ($-32.25 Mil) and declined from Dec. 2022 ($-32.25 Mil) to Dec. 2023 ($-37.82 Mil).


Pulse Seismic Retained Earnings Historical Data

The historical data trend for Pulse Seismic'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.

Pulse Seismic Retained Earnings Chart

Pulse Seismic 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 -34.19 -40.45 -25.88 -32.25 -37.82

Pulse Seismic 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 -30.40 -29.31 -35.30 -37.82 -36.26

Pulse Seismic 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.


Pulse Seismic  (OTCPK:PLSDF) 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.


Pulse Seismic (Pulse Seismic) Business Description

Traded in Other Exchanges
Address
421 - 7th Avenue South West, Suite 2700, Calgary, AB, CAN, T2P 4K9
Pulse Seismic Inc is a Canadian company which acts as a provider of seismic data to the energy sector in western Canada. The company is engaged in the acquisition, marketing, and licensing of 2D and 3D seismic data to the energy sector. It offers the full suite of project management services including On-site professional project management, experienced cost estimation services, daily reporting to clients and detailed project cost tracking, procurement of subcontractors to ensure regulatory compliance, and others.

Pulse Seismic (Pulse Seismic) Headlines