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Art's-Way Manufacturing Co (Art's-Way Manufacturing Co) Retained Earnings : $6.56 Mil (As of Feb. 2024)


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What is Art's-Way Manufacturing Co Retained Earnings?

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).


Art's-Way Manufacturing Co Retained Earnings Historical Data

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.

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Art's-Way Manufacturing Co Retained Earnings Chart

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 Premium Member Only Premium Member Only 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 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 7.10 7.40 7.33 7.02 6.56

Art's-Way Manufacturing Co 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.


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.


Art's-Way Manufacturing Co (Art's-Way Manufacturing Co) Business Description

Traded in Other Exchanges
Address
5556 Highway 9, P.O. Box 288, Armstrong, IA, USA, 50514
Art's-Way Manufacturing Co Inc is a manufacturer of agricultural equipment. It has three reportable segments: Agricultural Products, Modular Buildings, and Tools. The Agricultural Products segment fabricates and sells farming products as well as related equipment and replacement parts for these products in the United States and worldwide. Its Modular Buildings segment manufactures and installs modular buildings for animal containment and various laboratory uses. The Tools segment manufactures steel cutting tools and inserts. It derives revenues from the Agricultural Products segment.
Executives
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