GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Sevcon Inc (NAS:SEV) » Definitions » Retained Earnings

Sevcon (Sevcon) Retained Earnings : $-3.37 Mil (As of Jun. 2017)


View and export this data going back to 1998. Start your Free Trial

What is Sevcon Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Sevcon's retained earnings for the quarter that ended in Jun. 2017 was $-3.37 Mil.

Sevcon's quarterly retained earnings declined from Dec. 2016 ($1.92 Mil) to Mar. 2017 ($-0.47 Mil) and declined from Mar. 2017 ($-0.47 Mil) to Jun. 2017 ($-3.37 Mil).

Sevcon's annual retained earnings increased from Sep. 2014 ($9.50 Mil) to Sep. 2015 ($10.61 Mil) but then declined from Sep. 2015 ($10.61 Mil) to Sep. 2016 ($4.34 Mil).

Sevcon Retained Earnings Historical Data

The historical data trend for Sevcon'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.

Sevcon Retained Earnings Chart

Sevcon Annual Data
Trend Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.66 8.59 9.50 10.61 4.34

Sevcon Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 7.48 4.34 1.92 -0.47 -3.37

Sevcon 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.

Sevcon  (NAS:SEV) 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.

Sevcon (Sevcon) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Sevcon Inc (NAS:SEV) » Definitions » Retained Earnings
Comparable Companies
HKSE:01912 ROCO:3289 XKRX:073570 TPE:8271 TSE:6697 ROCO:5299 TPE:3257 PXLW TPE:2426 TPE:4952 XKRX:099220 ROCO:6435 HKSE:01010 TSE:3640 XKRX:011930 XKRX:054450 OSTO:SIVE TSE:7420 TPE:6531 TPE:2363
Traded in Other Exchanges
N/A
Address
Website
http://www.sevcon.com
Sevcon Inc through its wholly-owned subsidiaries is engaged in designing and selling, under the Sevcon name, motor controls for zero emission electric and hybrid vehicles.
Executives
Ryan J. Morris director, 10 percent owner 531 E. STATE ST., ITHACA NY 14850
Andrea Bassi 10 percent owner, officer: General Manager, Bassi S.r.l VIA MENSA, 3/2 S MARIA IN FABRIAGO, LUGO RA L6 48022
Bassi Holding S.r.l. 10 percent owner VIA MENSA 3/2, S. MARIA IN FABRIAGO, LUGO (RA) L6 48022
Meson Constructive Capital Lp 10 percent owner 12 ARANA CIRCLE, SAUSALITO CA 94965
Walter Milton Schenker director 1130 ROUTE 46, SUITE 22, PARSIPPANY NJ 07054
David Ra Steadman director PO BOX 10848, BEDFORD NH 03110
Matthew Goldfarb director C/O DIEBOLD NIXDORF, INCORPORATED, 5995 MAYFAIR ROAD, NORTH CANTON OH 44720
Glenn Angiolillo director C/O NYMAGIC INC, 919 THIRD AVENUE, 10TH FLOOR, NEW YORK NY 10022
Matthew Boyle director, officer: President and CEO
William J Ketelhut director C/O ENERGY CONVERSION DEVICES INC, 2956 WATERVIEW DR, ROCHESTER HILLS MI 48309
Paul O Stump director C/O TECH/OPS SEVCON, INC., 155 NORTHBORO ROAD, SOUTHBOROUGH MA 01772
Paul Neil Farquhar officer: Vice President and CFO 3 DUXBURY PARK, FATFIELD, WASHINGTON X0 NE38 8BJ
David Sidlow officer: Managing Director, Sevcon Ltd KINGSWAY SOUTH, GATESHEAD, TYNE AND WEAR X0 NE11 0QA
Frederick A Wang director 155 NORTHBORO ROAD, SOUTHBOROUGH MA 01772
Marvin G Schorr director NINE HAMPSHIRE STREET, MANSFIELD MA 02048-9171