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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).
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.
Kaspien Holdings Annual Data | |||||||||||||||||||||
Trend | Jan14 | Jan15 | Jan16 | Jan17 | Jan18 | Jan19 | Jan20 | Jan21 | Jan22 | Jan23 | |||||||||||
Retained Earnings | Get a 7-Day Free Trial | -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 | -133.30 | -139.94 | -142.09 | -143.25 | -145.02 |
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.
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 |
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