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Compx International (Compx International) Retained Earnings : $115.5 Mil (As of Dec. 2023)


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What is Compx International Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Compx International's retained earnings for the quarter that ended in Dec. 2023 was $115.5 Mil.

Compx International's quarterly retained earnings increased from Jun. 2023 ($109.2 Mil) to Sep. 2023 ($111.8 Mil) and increased from Sep. 2023 ($111.8 Mil) to Dec. 2023 ($115.5 Mil).

Compx International's annual retained earnings declined from Dec. 2021 ($118.2 Mil) to Dec. 2022 ($105.2 Mil) but then increased from Dec. 2022 ($105.2 Mil) to Dec. 2023 ($115.5 Mil).


Compx International Retained Earnings Historical Data

The historical data trend for Compx International'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.

Compx International Retained Earnings Chart

Compx International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 106.20 111.55 118.18 105.18 115.46

Compx International 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 105.18 108.17 109.16 111.84 115.46

Compx International 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.


Compx International  (AMEX:CIX) 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.


Compx International (Compx International) Business Description

Traded in Other Exchanges
N/A
Address
5430 LBJ Freeway, Suite 1700, Dallas, TX, USA, 75240-2620
Compx International Inc is a manufacturer of security products. Its security products are primarily used in recreational transportation, postal, office & institutional furniture, cabinetry, tool storage, healthcare, and a variety of other industries. Also, it is engaged in the manufacturing of stainless steel exhaust systems, gauges, throttle controls, and trim tabs for the recreational marine industry. The company's operating segment includes Security Products and Marine Components. The company generates maximum revenue from the Security Products segment, which manufactures mechanical and electrical cabinet locks and other locking mechanisms. Its geographical segments are the United States, Canada, Mexico, and others, of which the United States accounts for the vast majority of revenue.
Executives
Gina A. Norris director 1329 MILLWOOD ROAD, MCKINNEY TX 75069
Ann Manix director 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
Kevin B Kramer director C/O STONERIGDGE INC., 9400 E. MARKET ST, WARREN OH 44484
Andrew B Nace officer: Vice President 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
Kristin B Mccoy officer: EVP, Tax 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240
Bryan A. Hanley officer: Vice President and Treasurer 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
Amy A. Samford officer: Vice President and CFO 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
Mary A. Tidlund director 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
Bart W Reichert officer: Vice President, Internal Audit 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240
Michael Shawn Simmons officer: SVP & Chief Financial Officer 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
Darci B Scott officer: Vice President, Tax 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240
Robert D Graham officer: Executive Vice President 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
Amy E. Ruf officer: Vice President and Controller 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
Terri Herrington director C/O CONTRAN CORPORATION, 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
Jane Rast Grimm officer: VP and Secretary 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240

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