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Barnwell Industries (Barnwell Industries) Retained Earnings : $5.50 Mil (As of Dec. 2023)


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What is Barnwell Industries Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Barnwell Industries's retained earnings for the quarter that ended in Dec. 2023 was $5.50 Mil.

Barnwell Industries's quarterly retained earnings declined from Jun. 2023 ($6.41 Mil) to Sep. 2023 ($6.16 Mil) and declined from Sep. 2023 ($6.16 Mil) to Dec. 2023 ($5.50 Mil).

Barnwell Industries's annual retained earnings increased from Sep. 2021 ($2.36 Mil) to Sep. 2022 ($7.72 Mil) but then declined from Sep. 2022 ($7.72 Mil) to Sep. 2023 ($6.16 Mil).


Barnwell Industries Retained Earnings Historical Data

The historical data trend for Barnwell Industries'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.

Barnwell Industries Retained Earnings Chart

Barnwell Industries Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.86 -3.90 2.36 7.72 6.16

Barnwell Industries 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 8.66 7.27 6.41 6.16 5.50

Barnwell Industries 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.


Barnwell Industries  (AMEX:BRN) 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.


Barnwell Industries (Barnwell Industries) Business Description

Traded in Other Exchanges
N/A
Address
1100 Alakea Street, Suite 500, Honolulu, HI, USA, 96813-2840
Barnwell Industries Inc is an oil and gas firm. Its areas of operations include acquiring, developing, producing, and selling oil and natural gas. The company acquires and develops crude oil and natural gas assets. The company's operating segment includes Oil and natural gas, Contract drilling, Land investment, and Others. It generates maximum revenue from the Oil and natural gas segment. It operates in two geographical segments the United States, which generates a majority of revenue, and Canada.
Executives
Joshua Horowitz director 72-38 113TH STREET, APARTMENT 3L, FOREST HILLS NY 11375
Ned L Sherwood 10 percent owner 54 MORRIS LN, SCARSDALE NY 10583
Ned L. Sherwood Revocable Trust 10 percent owner 151 TERRAPIN POINT, VERO BEACH FL 32963
Mrmp Managers Llc 10 percent owner C/O SOUTH DAKOTA TRUST COMPANY LLC, 201 SOUTH PHILIPS AVENUE, STE 200, SIOUX FALLS SD 57104-6449
Alexander C Kinzler director, officer: President and COO 1100 ALAKEA STREET, SUITE 2900, HONOLULU HI 96813
Laurance Elliot Narbut director 3324 WOODSIDE ROAD, WOODSIDE CA 94062
Douglas N Woodrum director C/O BARNWELL INDUSTRIES, INC., 1100 ALAKEA STREET, SUITE 2900, HONOLULU HI 96813
Francis J. Kelly director 10402 PATRICIAN WOODS COURT, GREAT FALLS VA 22066
Joseph Eugene Magaro 10 percent owner 401 RIVERSVILLE ROAD, GREENWICH CT 06831
O'farrell Colin R. director 3465 N. PINES WAY, SUITE 104-PMB 22, WILSON WY 83014
Peter J. O'malley director 150 TABLE ROCK ROAD, ALTA WY 83414
Russell M Gifford director, officer: EVP,CFO, Treasurer 1100 ALAKEA STREET, SUITE 2900, HONOLULU HI 96813
Kenneth S Grossman director 18 NORFOLK RD, GREAT NECK NY 11020
Philip James Mcpherson director 417 31ST STREET, UNIT A, NEWPORT BEACH CA 92663
Bradley M Tirpak director 50 ORCHARD ST., NEW YORK NY 10002

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