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Diamond S Shipping Group (Diamond S Shipping Group) Retained Earnings : $-0.01 Mil (As of Mar. 2013)


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What is Diamond S Shipping Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Diamond S Shipping Group's retained earnings for the quarter that ended in Mar. 2013 was $-0.01 Mil.

Diamond S Shipping Group's quarterly retained earnings increased from . 20 ($0.00 Mil) to Mar. 2012 ($-11.05 Mil) and increased from Mar. 2012 ($-11.05 Mil) to Mar. 2013 ($-0.01 Mil).

Diamond S Shipping Group's annual retained earnings increased from . 20 ($0.00 Mil) to Mar. 2012 ($-11.05 Mil) and increased from Mar. 2012 ($-11.05 Mil) to Mar. 2013 ($-0.01 Mil).


Diamond S Shipping Group Retained Earnings Historical Data

The historical data trend for Diamond S Shipping Group'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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Diamond S Shipping Group Retained Earnings Chart

Diamond S Shipping Group Annual Data
Trend Mar12 Mar13
Retained Earnings
-11.05 -0.01

Diamond S Shipping Group Semi-Annual Data
Mar12 Mar13
Retained Earnings -11.05 -0.01

Diamond S Shipping Group 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.


Diamond S Shipping Group  (NYSE:DSG) 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.


Diamond S Shipping Group (Diamond S Shipping Group) Business Description

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Diamond S Shipping Group Inc, is incorporated in Marshall Islands on July 31, 2013. The Company provides seaborne transportation of refined petroleum and other products in the international shipping markets. The Company is the owners and operators of medium range, or MR, product tankers. The Company's fleet currently consists of 33 MR product tankers built at Korean and Japanese shipyards. The Company competes on basis of price, vessel location, size, age and condition of the vessel. The Company is subject to various international conventions, national, state and local laws and regulations in the countries in which its vessels may operate or are registered.

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