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Stonepath Group (Stonepath Group) Retained Earnings : $-211.7 Mil (As of Sep. 2006)


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What is Stonepath Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Stonepath Group's retained earnings for the quarter that ended in Sep. 2006 was $-211.7 Mil.

Stonepath Group's quarterly retained earnings increased from Mar. 2006 ($-190.1 Mil) to Jun. 2006 ($-189.6 Mil) but then declined from Jun. 2006 ($-189.6 Mil) to Sep. 2006 ($-211.7 Mil).

Stonepath Group's annual retained earnings declined from Dec. 2003 ($-163.8 Mil) to Dec. 2004 ($-176.8 Mil) and declined from Dec. 2004 ($-176.8 Mil) to Dec. 2005 ($-186.6 Mil).


Stonepath Group Retained Earnings Historical Data

The historical data trend for Stonepath Group'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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Stonepath Group Retained Earnings Chart

Stonepath Group Annual Data
Trend Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05
Retained Earnings
Get a 7-Day Free Trial -177.85 -160.71 -163.76 -176.81 -186.58

Stonepath Group Quarterly Data
Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06
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 -184.93 -186.58 -190.05 -189.61 -211.72

Stonepath Group 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.


Stonepath Group  (OTCPK:SGRZ) 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.


Stonepath Group (Stonepath Group) Business Description

Traded in Other Exchanges
N/A
Address
2200 Alaskan Way, Suite 200, Seattle, WA, USA, 98121
Stonepath Group Inc is a non-asset based third-party logistics provider. The Company is engaged in shipping and transportation, managing all aspects of transit.
Executives
Dennis L Pelino director
Bohn H Crain officer: Chief Financial Officer 405 114TH AVENUE SE, THIRD FLOOR, BELLEVUE WA 98004
Stephen M Cohen officer: General Counsel 1604 LOCUST STREET, THIRD FLOOR, PHILADELPHIA PA 19103

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