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1847 Holdings LLC (1847 Holdings LLC) Retained Earnings : $-53.26 Mil (As of Sep. 2023)


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What is 1847 Holdings LLC Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. 1847 Holdings LLC's retained earnings for the quarter that ended in Sep. 2023 was $-53.26 Mil.

1847 Holdings LLC's quarterly retained earnings declined from Mar. 2023 ($-42.81 Mil) to Jun. 2023 ($-47.28 Mil) and declined from Jun. 2023 ($-47.28 Mil) to Sep. 2023 ($-53.26 Mil).

1847 Holdings LLC's annual retained earnings declined from Dec. 2020 ($-13.86 Mil) to Dec. 2021 ($-20.75 Mil) and declined from Dec. 2021 ($-20.75 Mil) to Dec. 2022 ($-41.92 Mil).


1847 Holdings LLC Retained Earnings Historical Data

The historical data trend for 1847 Holdings LLC'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.

1847 Holdings LLC Retained Earnings Chart

1847 Holdings LLC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.16 -4.40 -13.86 -20.75 -41.92

1847 Holdings LLC Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -36.65 -41.92 -42.81 -47.28 -53.26

1847 Holdings LLC 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.


1847 Holdings LLC  (AMEX:EFSH) 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.


1847 Holdings LLC (1847 Holdings LLC) Business Description

Traded in Other Exchanges
N/A
Address
590 Madison Avenue, 21st Floor, New York, NY, USA, 10022
1847 Holdings LLC is a diversified holding company. It operates in three segments: Retail and appliances, Construction, and Automotive Supplies. The company generates maximum revenue from the Construction segment. The firm, through its subsidiaries, provides a wide range of land application services and sells equipment and parts, primarily to the agricultural, construction, and lawn and garden industries.
Executives
Ellery Roberts director, 10 percent owner, officer: CEO, President and CFO 590 MADISON AVENUE, 21ST FLOOR, NEW YORK NY 10022
Strategic Risk, Llc. 10 percent owner 228 PARK AVE S., PMB 828333, NEW YORK NY 10003
Michele A. Chow-tai director 590 MADISON AVENUE, 21ST FLOOR, NEW YORK NY 10022
Paul Froning director 590 MADISON AVENUE, 21ST FLOOR, NEW YORK NY 10022
Glyn C. Milburn director 13850 MANCHESTER RD, C/O 1847 GOEDEKER INC., BALLWIN MO 63011
Clark R. Crosnoe director 13850 MANCHESTER RD, C/O 1847 GOEDEKER INC.,, BALLWIN MO 63011
Taylor Lawrence X. Iii director 2727 N 3RD STREET, SUITE 201, PHOENIX AZ 85004
Tracy S. Harris director C/O 1847 HOLDINGS LLC, 590 MADISON AVE., 21ST FLOOR, NEW YORK NY 10022
Eric Vandam officer: Chief Operating Officer C/O 1847 HOLDINGS LLC, 590 MADISON AVENUE, 21ST FLOOR, NEW YORK NY 10022
Edward Tobin 10 percent owner C/O GEM SURGILIGHT INVESTORS, LLC, 9 WEST 57TH STREET, 46TH FLOOR, NEW YORK NY 10022
Vernice L Howard officer: Chief Financial Officer 590 MADISON AVENUE, 21ST FLOOR, C/O 1847 HOLDINGS LLC, NEW YORK NY 10022
Jay Amond officer: Chief Financial Officer 590 MADISON AVENUE, NEW YORK NY 10022
Rita Mallatt 10 percent owner 1847 HOLDINGS LLC, 590 MADISON AVENUE, 21ST FLOOR, NEW YORK NY 10022
Stephen Jr Mallatt 10 percent owner 1847 HOLDINGS LLC, 590 MADISON AVENUE, 21ST FLOOR, NEW YORK NY 10022
Robert Barry director 1847 GOEDEKER INC., 13850 MANCHESTER RD., BALLWIN MO 63011