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Fuel Tech (Fuel Tech) Retained Earnings : $-117.53 Mil (As of Dec. 2023)


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What is Fuel Tech Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Fuel Tech's retained earnings for the quarter that ended in Dec. 2023 was $-117.53 Mil.

Fuel Tech's quarterly retained earnings increased from Jun. 2023 ($-117.45 Mil) to Sep. 2023 ($-116.99 Mil) but then declined from Sep. 2023 ($-116.99 Mil) to Dec. 2023 ($-117.53 Mil).

Fuel Tech's annual retained earnings declined from Dec. 2021 ($-114.55 Mil) to Dec. 2022 ($-115.99 Mil) and declined from Dec. 2022 ($-115.99 Mil) to Dec. 2023 ($-117.53 Mil).


Fuel Tech Retained Earnings Historical Data

The historical data trend for Fuel Tech'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.

Fuel Tech Retained Earnings Chart

Fuel Tech Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -110.33 -114.60 -114.55 -115.99 -117.53

Fuel Tech Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -115.99 -116.41 -117.45 -116.99 -117.53

Fuel Tech 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.


Fuel Tech  (NAS:FTEK) 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.


Fuel Tech (Fuel Tech) Business Description

Traded in Other Exchanges
Address
27601 Bella Vista Parkway, Warrenville, IL, USA, 60555-1617
Fuel Tech Inc is an technology provider of boiler optimization, efficiency improvement, and air pollution reduction to utility and industrial customers. The company operates in two segments, Air Pollution Control and Fuel Chem. The Air Pollution Control technology segment includes technologies to reduce NOx emissions in flue gas from boilers, incinerators, furnaces and other stationary combustion sources. TheFuel Chem technology segment uses chemical processes in combination with advanced Computational Fluid Dynamics and Chemical Kinetics Modeling boiler modeling for the control of slagging, fouling, corrosion, opacity and other sulfur trioxide-related issues in furnaces and boilers through the addition of chemicals into the furnace using TIFI Targeted In-Furnace Injection technology.
Executives
Vincent J Arnone officer: Executive Vice President
Bettye J Bailey 10 percent owner C/O WHITMAN BREED ABBOTT & MORGAN LLC, 9 GREENWICH OFFICE PARK, GREENWICH CT 06831
Ellen T Albrecht officer: Acting PFO and Treasurer C/O FUEL TECH, 695 E MAIN STREET, STAMFORD CT 06901
Dennis L Zeitler director P.O. BOX 426, PITTSBURGH PA 15230
James J Markowsky director 27601 BELLA VISTA PARKWAY, WARRENVILLE IL 60555
Douglas G Bailey director, officer: President, CEO & Chairman
Cummings William E Jr officer: Senior Vice President, Sales C/O FUEL TECH, 27601 BELLA VISTA PARKWAY, WARRENVILLE IL 60555
James M Pach officer: Acting PFO & Treasurer 27601 BELLA VISTA PARKWAY, WARRENVILLE IL 60555
Sharon L Jones director 27601 BELLA VISTA PARKWAY, WARRENVILLE IL 60555
David S Collins officer: Sr. Vice President C/O FUEL TECH, 27601 BELLA VISTA PARKWAY, WARRENVILLE IL 60555
W Grant Gregory director C/O AMBAC FINANCIAL GROUP INC, 1 STATE STREET PLAZA, NEW YORK NY 10004
Delbert L Williamson director C/O FUEL TECH, 695 E MAIN STREET, STAMFORD CT 06901
Miguel Espinosa director
George F Maccormack director PEPCO HOLDINGS, INC., 701 NINTH STREET, NW, SUITE 1300, WASHINGTON DC 20068
Thomas S Shaw director C/O CONECTIV, 800 KING ST PO BOX 231, WILMINGTON DE 19899