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Alaska Communications Systems Group (Alaska Communications Systems Group) Retained Earnings : $10.0 Mil (As of Mar. 2021)


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What is Alaska Communications Systems Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Alaska Communications Systems Group's retained earnings for the quarter that ended in Mar. 2021 was $10.0 Mil.

Alaska Communications Systems Group's quarterly retained earnings declined from Sep. 2020 ($17.6 Mil) to Dec. 2020 ($9.4 Mil) but then increased from Dec. 2020 ($9.4 Mil) to Mar. 2021 ($10.0 Mil).

Alaska Communications Systems Group's annual retained earnings increased from Dec. 2018 ($10.4 Mil) to Dec. 2019 ($15.4 Mil) but then declined from Dec. 2019 ($15.4 Mil) to Dec. 2020 ($9.4 Mil).


Alaska Communications Systems Group Retained Earnings Historical Data

The historical data trend for Alaska Communications Systems Group'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.

Alaska Communications Systems Group Retained Earnings Chart

Alaska Communications Systems Group Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.75 -3.58 10.44 15.37 9.44

Alaska Communications Systems Group Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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 12.90 15.34 17.64 9.44 10.05

Alaska Communications Systems Group 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.


Alaska Communications Systems Group  (NAS:ALSK) 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.


Alaska Communications Systems Group (Alaska Communications Systems Group) Business Description

Traded in Other Exchanges
N/A
Address
600 Telephone Avenue, Anchorage, AK, USA, 99503-6091
Alaska Communications Systems Group Inc is a US-based fiber broadband and managed information technology services provider. The company is focused primarily on business and wholesale customers in and out of Alaska. It provides local, long-distance, and wireless telephone services, Internet access, and data services to residential and business customers.
Executives
Peter D Ley director C/O ALASKA COMMUNICATIONS SYSTEMS 600 TELEPHONE AVENUE, MS#65 ANCHORAGE AK 99503
Leonard Steinberg officer: SVP, Legal/Reg/Gov & Corp Sec.
Debra Morse officer: Vice President, HR C/O ALASKA COMMUNICATIONS SYSTEMS 600 TELEPHONE AVENUE ANCHORAGE AK 99503
Jim Gutcher officer: VP, Strategy and Product Mgt. C/O ALASKA COMMUNICATIONS SYSTEMS 600 TELEPHONE AVENUE ANCHORAGE AK 99503
Beth Barnes officer: VP, Mass Markets and Marketing C/O ALASKA COMMUNICATIONS SYSTEMS 600 TELEPHONE AVENUE ANCHORAGE AK 99503
Tiffany Hoogerhyde officer: VP, Finance & Controller C/O ALASKA COMMUNICATIONS SYSTEMS 600 TELEPHONE AVENUE ANCHORAGE AK 99503
Sean Lindamood officer: VP, Business Sales C/O ALASKA COMMUNICATIONS SYSTEMS 600 TELEPHONE AVE. ANCHORAGE AK 99503
Richard Benken officer: VP Network Strategy C/O ALASKA COMMUNICATIONS SYSTEMS 600 TELEPHONE AVE ANCHORAGE AK 99503
Aurora David officer: VP, Information Technology C/O ALASKA COMMUNICATIONS SYSTEMS 600 TELEPHONE AVE. ANCHORAGE AK 99503
Diedre Williams officer: SVP, Operations C/O ALASKA COMMUNICATIONS SYSTEMS 600 TELEPHONE AVE. ANCHORAGE AK 99503
Laurie Butcher officer: Chief Financial Officer 600 TELEPHONE AVENUE ANCHORAGE AK 99503
William H Bishop officer: President and CEO 600 TELEPHONE AVE. MS #65 ANCHORAGE AK 99503
Brian A Ross director 600 TELEPHONE AVE, MS#65, ANCHORAGE AK 99503
Peter D Aquino director MOTIENT CORP, 300 KNIGHTBRIDGE PARKWAY, LINCOLNSHIRE IL 60069
Benjamin Duster director 200 E. 84ST, 8TH FLOOR, NEW YORK NY 10028

Alaska Communications Systems Group (Alaska Communications Systems Group) Headlines

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