Sector 10 (Sector 10) Retained Earnings : $-16.01 Mil (As of Dec. 2023)

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What is Sector 10 Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Sector 10's retained earnings for the quarter that ended in Dec. 2023 was $-16.01 Mil.

Sector 10's quarterly retained earnings declined from Jun. 2023 ($-16.00 Mil) to Sep. 2023 ($-16.00 Mil) and declined from Sep. 2023 ($-16.00 Mil) to Dec. 2023 ($-16.01 Mil).

Sector 10's annual retained earnings increased from Mar. 2021 ($-16.53 Mil) to Mar. 2022 ($-16.00 Mil) and increased from Mar. 2022 ($-16.00 Mil) to Mar. 2023 ($-15.99 Mil).

Sector 10 Retained Earnings Historical Data

The historical data trend for Sector 10'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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Sector 10 Retained Earnings Chart

Sector 10 Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Retained Earnings

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-17.19

-18.54

-16.53

-16.00

-15.99

Sector 10 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															-15.96	-15.99	-16.00	-16.00	-16.01

Sector 10 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.

Sector 10 (OTCPK:SECI) 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.

Sector 10 (Sector 10) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Sector 10 Inc (OTCPK:SECI) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

N/A

Address

10900 NE 4th Street, Suite 2300, Bellevue, WA, USA, 98004

Website

https://www.sector10.com

Sector 10 Inc is engaged in developing and marketing pre-deployed emergency and disaster response equipment and related support services. It markets the Mobile Response Units and Stationary Response Units products and the PLX-3D technology.

Executives

John B. Gargett	director	807 10TH STREET, UNIT 302, BELLINGHAM WA 98225
Laurence A. Madison	director, officer: Chief Financial Officer	947 CONCORD CIRCLE, MUNDELEIN IL 60060
Sector 10 Holdings, Inc.	10 percent owner	P.O. BOX 3386, BELLEVUE WA 98072
Pericles P. Deavila	director, officer: CEO, President	630 EAGLEPOINT DR., NORTH SALT LAKE CITY UT 84054
Alan Rouleau	director	28232 N.E. 141 PL, DUVALL WA 98019
Jeffrey Martin	10 percent owner	11637 ORPINGTON STREET, ORLANDO FL 32817
Karen Pollino	officer: Officer	11637 ORPINGTON STREET, ORLANDO FL 32817

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