WPGHQ.PFD (Washington Prime Group) Retained Earnings : $-1,071.60 Mil (As of Jun. 2021)

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What is Washington Prime Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Washington Prime Group's retained earnings for the quarter that ended in Jun. 2021 was $-1,071.60 Mil.

Washington Prime Group's quarterly retained earnings declined from Dec. 2020 ($-913.13 Mil) to Mar. 2021 ($-968.51 Mil) and declined from Mar. 2021 ($-968.51 Mil) to Jun. 2021 ($-1,071.60 Mil).

Washington Prime Group's annual retained earnings declined from Dec. 2018 ($-456.92 Mil) to Dec. 2019 ($-655.49 Mil) and declined from Dec. 2019 ($-655.49 Mil) to Dec. 2020 ($-913.13 Mil).

Washington Prime Group Retained Earnings Historical Data

The historical data trend for Washington Prime 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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Washington Prime Group Retained Earnings Chart

Washington Prime Group Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Retained Earnings

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-346.71

-350.59

-456.92

-655.49

-913.13

Washington Prime Group Quarterly Data
	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21
Retained Earnings	Get a 7-Day Free Trial															-757.99	-801.72	-913.13	-968.51	-1,071.60

Washington Prime 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.

Washington Prime Group (OTCPK:WPGHQ.PFD) 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.

Washington Prime Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Washington Prime Group Inc (OTCPK:WPGHQ.PFD) » Definitions » Retained Earnings

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Address

180 East Broad Street, Columbus, OH, USA, 43215

Website

http://www.washingtonprime.com

Washington Prime Group Inc is a self-managed real estate investment trust that invests in, manages, and develops retail properties. The company's portfolio consists of community shopping centres and malls across the United States, with most properties located in Texas, Ohio, Indiana, Illinois, and Florida. It generates the majority of revenue from leasing properties to tenants, which include department stores, restaurants, homeware and furniture stores, entertainment venues, general retailers, and cosmetic stores.