GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Casella Waste Systems Inc (NAS:CWST) » Definitions » Retained Earnings

Casella Waste Systems (Casella Waste Systems) Retained Earnings : $-147 Mil (As of Dec. 2023)


View and export this data going back to 1997. Start your Free Trial

What is Casella Waste Systems Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Casella Waste Systems's retained earnings for the quarter that ended in Dec. 2023 was $-147 Mil.

Casella Waste Systems's quarterly retained earnings increased from Jun. 2023 ($-163 Mil) to Sep. 2023 ($-145 Mil) but then declined from Sep. 2023 ($-145 Mil) to Dec. 2023 ($-147 Mil).

Casella Waste Systems's annual retained earnings increased from Dec. 2021 ($-225 Mil) to Dec. 2022 ($-172 Mil) and increased from Dec. 2022 ($-172 Mil) to Dec. 2023 ($-147 Mil).


Casella Waste Systems Retained Earnings Historical Data

The historical data trend for Casella Waste Systems'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.

Casella Waste Systems Retained Earnings Chart

Casella Waste Systems Annual Data
Trend Apr14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -357.02 -266.10 -225.00 -171.92 -146.52

Casella Waste Systems 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 -171.92 -168.37 -162.88 -144.71 -146.52

Casella Waste Systems 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.


Casella Waste Systems  (NAS:CWST) 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.


Casella Waste Systems (Casella Waste Systems) Business Description

Traded in Other Exchanges
Address
25 Greens Hill Lane, Rutland, VT, USA, 05701
Casella Waste Systems Inc is a solid waste removal company, providing resource management services to residential, commercial, municipal, and industrial customers in the Northeastern United States. The company's reportable segments on Geographical basis include Eastern and Western regions as well as the Resource solution segment. It generates maximum revenue from the Western region segment. The company services include Recycling, Collection, Organics, Energy, Landfills, Special Waste as well as Professional Services.
Executives
Bradford John Helgeson officer: Executive VP and CFO 30 ESSEX PLACE, BASKING RIDGE NJ 07920
Kevin Drohan officer: VP & CHIEF ACCOUNTING OFFICER C/O CASELLA WASTE SYSTEMS, INC., 25 GREENS HILL LANE, RUTLAND VT 05701
Edmond Coletta officer: PRESIDENT & CFO CASELLA WASTE SYSTEMS, INC., 25 GREENS HILL LANE, RUTLAND VT 05701
Paul Ligon officer: SR VP & CHIEF REVENUE OFFICER C/O CASELLA WASTE SYSTEMS, INC., 25 GREENS HILL LANE, RUTLAND VT 05701
William P Hulligan director 25 GREENS HILL LANE, RUTLAND VT 05701
Douglas R Casella director, officer: VICE CHAIRMAN, BD OF DIRECTORS CASELLA WASTE SYSTEMS INC, 25 GREENS HILL LN, RUTLAND VT 05701
John W Casella director, officer: CHIEF EXECUTIVE OFFICER CASELLA WASTE SYSTEMS INC, 25 GREENS HILL LN, RUTLAND VT 05701
Joseph Doody director CASELLA WASTE SYSTEMS INC, 25 GREENS HILL LANE PO BOX 866, RUTLAND VT 05701
Michael Louis Battles director 45 WILLIAM STREET, WELLESLEY MA 02481
Rose M. Kirk director C/O CASELLA WASTE SYSTEMS, INC., 25 GREENS HILL LANE, RUTLAND VT 05701
Gary Sova director CASELLA WASTE SYSTEMS, INC., 25 GREENS HILL LANE, RUTLAND VT 05701
Emily Nagle Green director CASELLA WASTE SYSTEMS, 25 GREENS HILL LANE, RUTLAND VT 05701
Sean Steves officer: Sr VP & COO of SW Ops C/O CASELLA WASTE SYSTEMS, INC., 25 GREENS HILL LANE, RUTLAND VT 05701
Shelley E. Sayward officer: SENIOR VP & GENERAL COUNSEL C/O CASELLA WASTE SYSTEMS, INC., 25 GREENS HILL LANE, RUTLAND VT 05701
Michael K Burke director C/O LANDAUER, INC., 2 SCIENCE ROAD, GLENWOOD IL 60425