Giga-tronics (Giga-tronics) Retained Earnings : $-35.20 Mil (As of Jun. 2022)

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What is Giga-tronics Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Giga-tronics's retained earnings for the quarter that ended in Jun. 2022 was $-35.20 Mil.

Giga-tronics's quarterly retained earnings declined from Dec. 2021 ($-32.78 Mil) to Mar. 2022 ($-33.95 Mil) and declined from Mar. 2022 ($-33.95 Mil) to Jun. 2022 ($-35.20 Mil).

Giga-tronics's annual retained earnings declined from Mar. 2020 ($-30.57 Mil) to Mar. 2021 ($-30.98 Mil) and declined from Mar. 2021 ($-30.98 Mil) to Mar. 2022 ($-33.95 Mil).

Giga-tronics Retained Earnings Historical Data

The historical data trend for Giga-tronics'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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Giga-tronics Retained Earnings Chart

Giga-tronics Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Retained Earnings

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-28.68

-28.55

-30.57

-30.98

-33.95

Giga-tronics Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
Retained Earnings	Get a 7-Day Free Trial															-32.04	-31.98	-32.78	-33.95	-35.20

Giga-tronics 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.

Giga-tronics (OTCPK:GIGA) 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.

Giga-tronics (Giga-tronics) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Giga-tronics Inc (OTCPK:GIGA) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

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Address

5990 Gleason Drive, Dublin, CA, USA, 94568

Website

https://www.gigatronics.com

Giga-tronics Inc operates in two segments comprising Giga-tronics Division and Microsource. Giga-tronics segment designs manufacture and markets the Advanced Signal Generator (ASG) for the electronic warfare market. Giga-tronics has produced test and measurement equipment used for the design, production, repair, and maintenance of products in aerospace, telecommunications, Radar, and electronic warfare. The Microsource develops and manufactures YIG (Yttrium, Iron, Garnet) tuned oscillators, filters and microwave synthesizers, which are used by its customers in operational applications and in manufacturing a variety of microwave instruments and devices.

Executives

Bitnile Holdings, Inc.	10 percent owner	11411 SOUTHERN HIGHLANDS PARKWAY, SUITE 240, LAS VEGAS NV 89141
William B. Horne	director	C/O AULT ALLIANCE, INC., 940 SOUTH COAST DRIVE, SUITE 200, COSTA MESA CA 92626
Timothy Long	officer: Chief Operating Officer	7272 E. INDIAN SCHOOL ROAD, SUITE 540, SCOTTSDALE AZ 85251
Jonathan R Read	director, officer: Chief Executive Officer	6711 E. CAMELBACK RD, #32, SCOTTSDALE AZ 85251
Robert O Smith	director	DIGITAL POWER CORPORATION, 41920 CHRISTY STREET, FREMONT CA 94538
Jeffrey Allen Bentz	director	107 E BONITA WAY, TEMPE AZ 85281
Thomas E Vickers	director	2101 WEST COMMERCIAL BLVD, SUITE 3500, FORT LAUDERDALE FL 33309
Wit Cornelis F	10 percent owner	2101 WEST COMMERCIAL BLVD., SUITE 3500, FORT LAUDERDALE FL 33309
Smc Private Equity Holdings Gp, Llc	10 percent owner	650 MADISON AVENUE, 20TH FLOOR, NEW YORK NY 10022
Smc Private Equity Holdings, Lp	10 percent owner	650 MADISON AVENUE, 20TH FLOOR, NEW YORK NY 10022
Spring Mountain Capital G.p., Llc	10 percent owner	C/O SPRING MOUNTAIN CAPITAL, LP, 650 MADISON AVENUE, 20TH FLOOR, NEW YORK NY 10022
Spring Mountain Capital, Llc	10 percent owner	C/O SPRING MOUNTAIN CAPITAL, LP, 650 MADISON AVENUE, 20TH FLOOR, NEW YORK NY 10022
Lutz P Henckels	director	C/O LECROY CORP, 700 CHESTNUT RIDGE ROAD, CHESTNUT RIDGE NY 10977
John Steffens	10 percent owner	C/O DIGITALBRIDGE GROUP, INC., 750 PARK OF COMMERCE DRIVE SUITE 210, BOCCA RATON FL 33487
Smc Select Co-investment Fund I Lp	10 percent owner	C/O SPRING MOUNTAIN CAPITAL, LP, 650 MADISON AVENUE, 20TH FLOOR, New York NY 10022

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