CKX Lands (CKX Lands) Retained Earnings : $15.37 Mil (As of Dec. 2023)

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What is CKX Lands Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. CKX Lands's retained earnings for the quarter that ended in Dec. 2023 was $15.37 Mil.

CKX Lands's quarterly retained earnings increased from Jun. 2023 ($15.10 Mil) to Sep. 2023 ($15.13 Mil) and increased from Sep. 2023 ($15.13 Mil) to Dec. 2023 ($15.37 Mil).

CKX Lands's annual retained earnings declined from Dec. 2021 ($16.55 Mil) to Dec. 2022 ($15.23 Mil) but then increased from Dec. 2022 ($15.23 Mil) to Dec. 2023 ($15.37 Mil).

CKX Lands Retained Earnings Historical Data

The historical data trend for CKX Lands'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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CKX Lands Retained Earnings Chart

CKX Lands Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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15.39

15.73

16.55

15.23

15.37

CKX Lands 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															15.23	14.99	15.10	15.13	15.37

CKX Lands 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.

CKX Lands (AMEX:CKX) 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.

CKX Lands (CKX Lands) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » CKX Lands Inc (AMEX:CKX) » Definitions » Retained Earnings

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Traded in Other Exchanges

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Address

2417 Shell Beach Drive, Lake Charles, LA, USA, 70601

Website

https://www.ckxlands.com

CKX Lands Inc is a Louisiana corporation organized to receive non-producing mineral royalties spun off by a southwest Louisiana bank. It operates in three segments: Oil and Gas, Surface, and Timber. The company owns land and mineral interests and collects income through its ownership in the form of oil and gas royalties, surface leases for farming, the right of way and other uses, and timber sales. The company's oil and gas royalties are paid by the operators who own the wells and timber income is paid by the highest bidder for the timber.

Executives

Max H. Hart	director	P.O. BOX 1700, OPELOUSAS LA 70571
William Gray Stream	director	2417 SHELL BEACH DRIVE, LAKE CHARLES LA 70601
Daniel J Englander	director	C/O AMERICA'S CARMART, 802 SOUTHEAST PLAZA AVE #200, BENTONVILLE AR 72712
Scott Adams Stepp	officer: Chief Financial Officer	2417 SHELL BEACH DRIVE, LAKE CHARLES LA 70601
Lane T Lamure	director	POST OFFICE BOX 11941, JACKSON WY 83002
Ellington Edward Moreland Ii	director	1232 CYPRESS HARBOR DRIVE, LAKE CHARLES LA 70605
Lee W. Boyer	director	127 W. BROAD ST., 4TH FLOOR, LAKE CHARLES LA 70601
Donald Keith Duplechin	director	131 STATE STREET, LAKE CHARLES LA 70605
Ottley Properties, Llc	10 percent owner	337 METAIRIE ROAD, SUITE 202, METAIRIE LA 70005
Minvielle Iv Eugene T	director	P.O. BOX 51684, LAFAYETTE LA 70505
Lee Bert Appleberry	director	315 NORTH WILCREST DRIVE, HOUSTON TX 77079
Charles D Viccellio	director, officer: Vice President & Secretary	4113 BEAU CHENE DRIVE, LAKE CHARLES LA 70605
Elizabeth Brooks Hollins	director	1128 BIRDNEST ROAD, LAKE CHARLES X1 70611
Michael B White	10 percent owner	337 METAIRIE ROAD, SUITE 202, METAIRIE LA 70005
Mary W Savoy	director	1407 ALVIN STREET, LAKE CHARLES LA 70601

CKX Lands (CKX Lands) Headlines

From GuruFocus

CKX Lands Inc Reports Operating Results (10-K/A)

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