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Paragon Shipping (Paragon Shipping) Retained Earnings : $-557.63 Mil (As of Dec. 2016)


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What is Paragon Shipping Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Paragon Shipping's retained earnings for the quarter that ended in Dec. 2016 was $-557.63 Mil.

Paragon Shipping's quarterly retained earnings declined from Sep. 2015 ($-407.91 Mil) to Dec. 2015 ($-581.41 Mil) but then increased from Dec. 2015 ($-581.41 Mil) to Dec. 2016 ($-557.63 Mil).

Paragon Shipping's annual retained earnings declined from Dec. 2014 ($-312.71 Mil) to Dec. 2015 ($-581.41 Mil) but then increased from Dec. 2015 ($-581.41 Mil) to Dec. 2016 ($-557.63 Mil).


Paragon Shipping Retained Earnings Historical Data

The historical data trend for Paragon Shipping'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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Paragon Shipping Retained Earnings Chart

Paragon Shipping Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -243.96 -260.91 -312.71 -581.41 -557.63

Paragon Shipping Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Dec16
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 - -394.55 -407.91 -581.41 -557.63

Paragon Shipping 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.


Paragon Shipping  (OTCPK:PRGNF) 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.


Paragon Shipping (Paragon Shipping) Business Description

Traded in Other Exchanges
N/A
Address
15 Karamanli Avenue, Voula, GRC, 166 73
Paragon Shipping Inc is based in Greece but incorporated in the Marshall Islands, Paragon Shipping owns and operates medium-size dry-bulk ships and rents these assets through multiyear agreements. Paragon outsources its ship management to Allseas, a third-party company. Founded in 2006, the company has expanded to 12 ships from its original six, with plans to continue fleet additions.

Paragon Shipping (Paragon Shipping) Headlines

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