GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Intrepid Potash Inc (NYSE:IPI) » Definitions » Retained Earnings

Intrepid Potash (Intrepid Potash) Retained Earnings : $37.7 Mil (As of Mar. 2024)


View and export this data going back to 2008. Start your Free Trial

What is Intrepid Potash Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Intrepid Potash's retained earnings for the quarter that ended in Mar. 2024 was $37.7 Mil.

Intrepid Potash's quarterly retained earnings declined from Sep. 2023 ($78.1 Mil) to Dec. 2023 ($40.8 Mil) and declined from Dec. 2023 ($40.8 Mil) to Mar. 2024 ($37.7 Mil).

Intrepid Potash's annual retained earnings increased from Dec. 2021 ($4.2 Mil) to Dec. 2022 ($76.5 Mil) but then declined from Dec. 2022 ($76.5 Mil) to Dec. 2023 ($40.8 Mil).


Intrepid Potash Retained Earnings Historical Data

The historical data trend for Intrepid Potash'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.

Intrepid Potash Retained Earnings Chart

Intrepid Potash 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 -218.44 -245.59 4.24 76.46 40.79

Intrepid Potash Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 80.97 85.27 78.08 40.79 37.66

Intrepid Potash 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.


Intrepid Potash  (NYSE:IPI) 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.


Intrepid Potash (Intrepid Potash) Business Description

Traded in Other Exchanges
Address
707 17th Street, Suite 4200, Denver, CO, USA, 80202
Intrepid Potash Inc produces and sells potash and potash byproducts in three main product segments: Potash, Trio, and Oilfield solutions. The Potash segment produces and sells potash to the agricultural industry as a fertilizer input, the industrial market as a component of oil and gas drilling fluid, and the animal feed market as a nutrient supplement. The Trio segment produces and sells specialty fertilizer that consists of potassium, sulfate, and magnesium, and is mined from langbeinite ore. The oilfield solutions segment offers water, high-speed potassium chloride mixing services, salt water disposal services, and trucking services. The vast majority of revenue is generated in the United States, which is also the location of the firm's production facilities.
Executives
Jornayvaz Robert P Iii director, 10 percent owner, officer: Chairman/CEO 1001 17TH STREET, SUITE 1050, DENVER CO 80202
Christina Sheehan officer: General Counsel 707 17TH STREET, SUITE 4200, DENVER CO 80202
Matthew D Preston officer: VP of Finance C/O INTREPID POTASH, INC., 1001 17TH STREET, SUITE 1050, DENVER CO 80202
William M Zisch director C/O INTREPID POTASH, INC., 707 17TH STREET, SUITE 4200, DENVER CO 80202
Mary E Mcbride director 6199 E. PRINCETON CIRCLE, ENGLEWOOD CO 80111
Clearway Capital Management Llc 10 percent owner 501 BRICKELL KEY DRIVE SUITE 602, MIAMI FL 33131
Robert E Baldridge officer: SVP - New Mexico C/O INTREPID POTASH, INC., 1001 17TH STREET, SUITE 1050, DENVER CO 80202
Edward Brian Stone officer: President and COO C/O INTREPID POTASH, INC., 1001 17TH STREET, SUITE 1050, DENVER CO 80202
Kyle R Smith officer: VP, General Counsel C/O INTREPID POTASH, INC., 1001 17TH STREET, SUITE 1050, DENVER CO 80202
Lori A Lancaster director 302 WEST 86TH STREET. APT. 4C, NEW YORK NY 10024
Wells Stanley W Ii officer: Vice President Human Resources 1001 17TH ST, SUITE 1050, DENVER CO 80202
Teton Trust Co Llc As Trustee Of Clearway Trust 10 percent owner 36 E. BROADWAY, SUITE 9-3 PO BOX 490, JACKSON WY 83001
Erica Wyatt officer: Chief Human Resources Officer C/O INTREPID POTASH, INC., 1001 17TH STREET, SUITE 1050, DENVER CO 80202
Terry Considine director 4582 SOUTH ULSTER STREET PARKWAY, SUITE 1100, DENVER CO 80237
Clearway Capital Management Ltd. 10 percent owner 501 BRICKELL KEY DRIVE SUITE 602, MIAMI FL 33131

Intrepid Potash (Intrepid Potash) Headlines