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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Art's-Way Manufacturing Co's retained earnings for the quarter that ended in Feb. 2024 was $6.56 Mil.
Art's-Way Manufacturing Co's quarterly retained earnings declined from Aug. 2023 ($7.33 Mil) to Nov. 2023 ($7.02 Mil) and declined from Nov. 2023 ($7.02 Mil) to Feb. 2024 ($6.56 Mil).
Art's-Way Manufacturing Co's annual retained earnings increased from Nov. 2021 ($6.66 Mil) to Nov. 2022 ($6.75 Mil) and increased from Nov. 2022 ($6.75 Mil) to Nov. 2023 ($7.02 Mil).
The historical data trend for Art's-Way Manufacturing Co'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.
Art's-Way Manufacturing Co Annual Data | |||||||||||||||||||||
Trend | Nov14 | Nov15 | Nov16 | Nov17 | Nov18 | Nov19 | Nov20 | Nov21 | Nov22 | Nov23 | |||||||||||
Retained Earnings | Get a 7-Day Free Trial | 8.55 | 6.44 | 6.66 | 6.75 | 7.02 |
Art's-Way Manufacturing Co Quarterly Data | ||||||||||||||||||||
May19 | Aug19 | Nov19 | Feb20 | May20 | Aug20 | Nov20 | Feb21 | May21 | Aug21 | Nov21 | Feb22 | May22 | Aug22 | Nov22 | Feb23 | May23 | Aug23 | Nov23 | Feb24 | |
Retained Earnings | Get a 7-Day Free Trial | 7.10 | 7.40 | 7.33 | 7.02 | 6.56 |
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.
Art's-Way Manufacturing Co (NAS:ARTW) 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.
Randall C. Ramsey | director | 5556 HIGHWAY 9, ARMSTRONG IA 50514 |
Matthew Westendorf | director | C/O ART'S-WAY MANUFACTURING CO. INC., 5556 HIGHWAY 9, ARMSTRONG IA 50514 |
David Alan King | officer: Executive Vice President | C/O ART'S-WAY MANUFACTURING CO. INC., 5556 HIGHWAY 9, ARMSTRONG IA 50514 |
Mcconnell J Ward Jr | director, 10 percent owner | |
Michael William Woods | officer: Controller | C/O ART'S WAY MANUFACTURING CO., INC., 5556 HIGHWAY 9, ARMSTRONG IA 50514 |
Marc H Mcconnell | director | 1118 N QUEEN ST, KINSTON NC 28501 |
David Allan White | director | C/O 5556 HIGHWAY 8, ARMSTRONG IA 50514 |
Carrie L. Gunnerson | officer: President and CEO | 5556 HIGHWAY 9, ARMSTRONG IA 50514 |
Joseph R Dancy | director | 1007 BEAVER CREEK, DUNCANVILLE TX 75137 |
Michael Furness | officer: Director of Finance | 5556 HIGHWAY 9, ARMSTRONG IA 50514 |
David R Castle | director | P.O. BOX 1738, LAKEFIELD A6 K0L 2H0 |
Dean James Droegemueller | officer: Director of Finance | 5825 VINCENT AVENUE SOUTH, MINNEAPOLIS MN 55410 |
Fred William Krahmer | director | 204 LAKE AVENUE, SUITE 201, FAIRMONT MN 56031 |
Thomas E Buffamante | director | 6863 WOODLAND DRIVE NORTH, GREAT VALLEY NY 14741 |
Douglas Richard Mcclellan | director |
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