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Saga Communications (Saga Communications) Retained Earnings : $134.8 Mil (As of Dec. 2023)


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What is Saga Communications Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Saga Communications's retained earnings for the quarter that ended in Dec. 2023 was $134.8 Mil.

Saga Communications's quarterly retained earnings increased from Jun. 2023 ($145.1 Mil) to Sep. 2023 ($146.3 Mil) but then declined from Sep. 2023 ($146.3 Mil) to Dec. 2023 ($134.8 Mil).

Saga Communications's annual retained earnings declined from Dec. 2021 ($164.2 Mil) to Dec. 2022 ($143.9 Mil) and declined from Dec. 2022 ($143.9 Mil) to Dec. 2023 ($134.8 Mil).


Saga Communications Retained Earnings Historical Data

The historical data trend for Saga Communications'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.

Saga Communications Retained Earnings Chart

Saga Communications 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 162.82 158.99 164.25 143.90 134.77

Saga Communications 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 143.90 143.29 145.10 146.30 134.77

Saga Communications 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.


Saga Communications  (NAS:SGA) 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.


Saga Communications (Saga Communications) Business Description

Traded in Other Exchanges
Address
73 Kercheval Avenue, Grosse Pointe Farms, MI, USA, 48236
Saga Communications Inc is a broadcast company engaged in acquiring, developing, and operating broadcast properties. The company's objective is to operate top-billing radio stations in mid-sized markets and It derives a majority of its revenue from the sale of advertising for broadcast on its stations.
Executives
Michael W Schechter director C/O TOWERVIEW LLC, 460 PARK AVENUE, NEW YORK NY 10022
Wayne Leland officer: SVP of Operations 73 KERCHEVAL AVENUE, GROSSE POINTE FARMS MI 48236
Edward K. Christian Trust 10 percent owner 500 WOODWARD AVENUE, SUITE 4000, DETROIT MI 48226
Christopher Forgy officer: SVP - OPERATIONS 73 KERCHEVAL AVENUE, GROSSE POINTE FARMS MI 48236
Michael J. Bergner director C/O SAGA COMMUNICATIONS, INC., 73 KERCHEVAL AVENUE, GROSSE POINTE FARMS MI 48236
Towerview Llc 10 percent owner 460 PARK AVENUE, NEW YORK NY 10022
Warren S Lada officer: Senior VP - Operations 73 KERCHEVAL AVENUE, GROSSE POINTE FARMS MI 48236
Gregory Dean Pearce director 73 KERCHEVAL AVENUE, GROSSE POINTE FARMS MI 48236
Catherine A Bobinski officer: VP, Contr & Chf Acctg Officer 73 KERCHEVAL AVENUE, GROSSE POINTE FARMS MI 48236
Marcia Lobaito officer: Senior VP and Secretary 73 KERCHEVAL AVENUE, GROSSE POINTE FARMS MI 48236
Samuel D Bush officer: Senior VP and CFO 73 KERCHEVAL AVENUE, GROSSE POINTE FARMS MI 48236
David B Stephens director 73 KERCHEVAL AVENUE, GROSSE POINTE FARMS MI 48236
Timothy J. Clarke director 73 KERCHEVAL AVENUE, GROSSE POINTE FARMS MI 48236
Gary G Stevens director 73 KERCHEVAL AVENUE, GROSSE POINTE FARMS MI 48236
Coppedge Roy F Iii director 73 KERCHEVAL AVENUE, GROSSE POINTE FARMS MI 48236