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Apex Global Brands (Apex Global Brands) Retained Earnings : $-82.46 Mil (As of Oct. 2020)


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What is Apex Global Brands Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Apex Global Brands's retained earnings for the quarter that ended in Oct. 2020 was $-82.46 Mil.

Apex Global Brands's quarterly retained earnings declined from Apr. 2020 ($0.00 Mil) to Jul. 2020 ($-76.49 Mil) and declined from Jul. 2020 ($-76.49 Mil) to Oct. 2020 ($-82.46 Mil).

Apex Global Brands's annual retained earnings declined from Jan. 2018 ($-50.54 Mil) to Jan. 2019 ($-61.81 Mil) and declined from Jan. 2019 ($-61.81 Mil) to Jan. 2020 ($-73.31 Mil).


Apex Global Brands Retained Earnings Historical Data

The historical data trend for Apex Global Brands'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.

Apex Global Brands Retained Earnings Chart

Apex Global Brands Annual Data
Trend Jan11 Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.08 5.45 -50.54 -61.81 -73.31

Apex Global Brands Quarterly Data
Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20
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 -72.95 -73.31 - -76.49 -82.46

Apex Global Brands 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.


Apex Global Brands  (OTCPK:APEX) 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.


Apex Global Brands (Apex Global Brands) Business Description

Traded in Other Exchanges
N/A
Address
5990 Sepulveda Boulevard, Sherman Oaks, CA, USA, 91411
Apex Global Brands Inc is a brand marketing platform that manages a growing portfolio of fashion and lifestyle brands across multiple consumer product categories and sectors. The company currently maintains license and franchise agreements with retailers and manufacturers. The brand portfolio spans multiple consumer product categories and retail tiers including Hi-Tec, Magnum, 50 Peaks, Interceptor, Cherokee, Tony Hawk, Liz Lange, Point Cove, Carole Little, Everyday California and Sideout.
Executives
Jess M Ravich director, 10 percent owner 11766 WILSHIRE BOULEVARD, SUITE 870, LOS ANGELES CA 90025
Dwight Mamanteo director C/O GERSTEN SAVAGE LLP 600 LEXINGTON AVE., 9TH FLOOR NEW YORK NY 10022
Patricia Kay Johnson director C/O CHEROKEE INC. 5990 SEPULVEDA BOULEVARD, SUITE 600 SHERMAN OAKS CA 91411
Evan Hengel director C/O CHEROKEE INC. 5990 SEPULVEDA BOULEVARD SHERMAN OAKS CA 91411
Cove Street Capital, Llc 10 percent owner 525 SOUTH DOUGLAS STREET, SUITE 225, EL SEGUNDO CA 90245
Jeffrey Bronchick 10 percent owner 2101 EAST EL SEGUNDO BOULEVARD, SUITE 302, EL SEGUNDO CA 90245
Keith M Hull director
Robert Longnecker director 888 7TH AVENUE 17TH FLOOR NEW YORK NY 10019
Carol Baiocchi director 2184 CAMINO BRAZOS PLEASANTON CA 94566
John Mcclain director C/O THE JONES GROUP INC., 1411 BROADWAY, NEW YORK NY 10018
Steven L Brink officer: CFO 6525 FREMONT CIRCLE HUNTINGTON BEACH CA 92648
Howard B Siegel officer: President and COO
Henry Stupp director, officer: CEO 6835 VALJEAN AVENUE VAN NUYS CA 91406
Robert Galvin director 78 GOLF LANE, RIDGEFIELD CT 06877
Headlands Strategic Opportunities Fund, Lp (the Partnership) 10 percent owner ONE EMBARCADERO CENTER SUITE 1600 SAN FRANCISCO CA 94111