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ECA Marcellus Trust I (ECA Marcellus Trust I) Retained Earnings : $0.00 Mil (As of Dec. 2023)


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What is ECA Marcellus Trust I Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. ECA Marcellus Trust I's retained earnings for the quarter that ended in Dec. 2023 was $0.00 Mil.


ECA Marcellus Trust I Retained Earnings Historical Data

The historical data trend for ECA Marcellus Trust I'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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ECA Marcellus Trust I Retained Earnings Chart

ECA Marcellus Trust I Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
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ECA Marcellus Trust I Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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ECA Marcellus Trust I 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.


ECA Marcellus Trust I  (OTCPK:ECTM) 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.


ECA Marcellus Trust I (ECA Marcellus Trust I) Business Description

Traded in Other Exchanges
N/A
Address
601 Travis Street, 16th Floor, Houston, TX, USA, 77002
ECA Marcellus Trust I is a statutory trust which owns royalty interests in natural gas properties. The underlying properties of the company include working interests owned by Energy Corporation of America and the Private Investors in the Marcellus Shale formation in Greene County, Pennsylvania arising under leases and farm-out agreements related to properties.
Executives
Energy Corp Of America 10 percent owner 4643 SOUTH ULSTER STREET, SUITE 1100, DENVER CO 80237

ECA Marcellus Trust I (ECA Marcellus Trust I) Headlines

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