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Kaspien Holdings (Kaspien Holdings) Retained Earnings : $-145.0 Mil (As of Oct. 2023)


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What is Kaspien Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Kaspien Holdings's retained earnings for the quarter that ended in Oct. 2023 was $-145.0 Mil.

Kaspien Holdings's quarterly retained earnings declined from Apr. 2023 ($-142.1 Mil) to Jul. 2023 ($-143.3 Mil) and declined from Jul. 2023 ($-143.3 Mil) to Oct. 2023 ($-145.0 Mil).

Kaspien Holdings's annual retained earnings declined from Jan. 2021 ($-112.9 Mil) to Jan. 2022 ($-120.9 Mil) and declined from Jan. 2022 ($-120.9 Mil) to Jan. 2023 ($-139.9 Mil).


Kaspien Holdings Retained Earnings Historical Data

The historical data trend for Kaspien Holdings'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.

Kaspien Holdings Retained Earnings Chart

Kaspien Holdings Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -50.23 -108.97 -112.86 -120.89 -139.94

Kaspien Holdings Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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 -133.30 -139.94 -142.09 -143.25 -145.02

Kaspien Holdings 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.


Kaspien Holdings  (OTCPK:KSPN) 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.


Kaspien Holdings (Kaspien Holdings) Business Description

Traded in Other Exchanges
Address
2818 N. Sullivan Road, Suite 130, Spokane Valley, WA, USA, 99216
Kaspien Holdings Inc is a digital marketplace retailer that partners with companies to expand its brand. It provides a platform of software and services to brands in order to grow their online distribution channels on digital marketplaces such as Amazon, Walmart, and eBay, among others. The company focuses on various categories, including pets and sporting goods, baby, tools / office / outdoor, health & personal care, and home / kitchen. It generates substantially all of its revenue through Amazon Marketplace.
Executives
Tom Simpson director 38 CORPORATE CIRCLE, ALBANY NY 12203
Mark E Holliday director 257 SW MARCONI AVENUE, PORTLAND OR 97201
Brock Kowalchuk officer: Interim Chief Executive Office PO BOX 462, EAST SCHODACK NY 12063
Kunal Chopra officer: CEO - etailz 38 CORPORATE CIRCLE, ALBANY NY 12203
Jonathan Anthony Marcus director 100 PINE STREET, SUITE 2700, SAN FRANCISCO CA 94111
Jeffrey Scott Hastings director 38 CORPORATE CIRCLE, ALBANY NY 12203
Alimco Financial Corp other: See Remarks 2336 S.E. OCEAN BOULEVARD SUITE 400, STUART FL 34996
Neil S Subin 10 percent owner 2336 S.E. OCEAN BOULEVARD, #400, STUART FL 34996
Edwin Sapienza officer: Chief Financial Officer 38 CORPORATE CIRCLE, ALBANY NY 12203
Robert Galvin director 78 GOLF LANE, RIDGEFIELD CT 06877
Miller Lloyd I Iii 10 percent owner
Robert J Higgins director, 10 percent owner, officer: Chairman and CEO C/O TRANS WORLD ENTERTAINMENT CORP, 38 CORPORATE CIRCLE, ALBANY NY 12203
Josh Neblett officer: CEO, etailz 38 CORPORATE CIRCLE, ALBANY NY 12203
Robert J. Higgins Twmc Trust 10 percent owner 38 CORPORATE CIRCLE, ALBANY NY 12203
Christoph Hoerenz officer: Chief Digital and Mktg Officer 38 CORPORATE CIRCLE, ALBANY NY 12033