GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Eastman Kodak Co (NYSE:KODK) » Definitions » Retained Earnings

Eastman Kodak Co (Eastman Kodak Co) Retained Earnings : $-463 Mil (As of Mar. 2024)


View and export this data going back to 2013. Start your Free Trial

What is Eastman Kodak Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Eastman Kodak Co's retained earnings for the quarter that ended in Mar. 2024 was $-463 Mil.

Eastman Kodak Co's quarterly retained earnings increased from Sep. 2023 ($-500 Mil) to Dec. 2023 ($-495 Mil) and increased from Dec. 2023 ($-495 Mil) to Mar. 2024 ($-463 Mil).

Eastman Kodak Co's annual retained earnings increased from Dec. 2021 ($-596 Mil) to Dec. 2022 ($-570 Mil) and increased from Dec. 2022 ($-570 Mil) to Dec. 2023 ($-495 Mil).


Eastman Kodak Co Retained Earnings Historical Data

The historical data trend for Eastman Kodak Co'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.

Eastman Kodak Co Retained Earnings Chart

Eastman Kodak Co 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 -79.00 -620.00 -596.00 -570.00 -495.00

Eastman Kodak Co 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 -537.00 -502.00 -500.00 -495.00 -463.00

Eastman Kodak Co 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.


Eastman Kodak Co  (NYSE:KODK) 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.


Eastman Kodak Co (Eastman Kodak Co) Business Description

Traded in Other Exchanges
Address
343 State Street, Rochester, NY, USA, 14650
Eastman Kodak Co is a United States-based company. The company operates via several business segments: Traditional Printing, Digital Printing, Brand and Advanced Materials and Chemicals. The Traditional Printing segment which derives the majority of revenue offers digital and traditional products and services to various businesses, such as commercial print and book publishing, and this segment contributes over half of the total revenue. The company has a global business presence, with overseas markets accounting for a majority of revenue.
Executives
Philippe D Katz director 160 BROADWAY, NEW YORK NY 10038
David Bovenzi director C/O EASTMAN KODAK COMPANY, 343 STATE STREET, ROCHESTER NY 14650
Michael Sileck director C/O WORLD WRESTLING ENTERTAINMENT, INC., 1241 EAST MAIN STREET, STAMFORD CT 06902
Randy Vandagriff officer: Vice President EASTMAN KODAK COMPANY, 343 STATE STREET, ROCHESTER NY 14650
Kennedy Lewis Investment Management Llc director 80 BROAD STREET, 22ND FLOOR, NEW YORK NY 10004
Kennedy Lewis Capital Partners Master Fund Lp director 80 BROAD STREET, 22ND FLOOR, NEW YORK NY 10004
Kennedy Lewis Capital Partners Master Fund Iii Lp director 111 WEST 33RD STREET, SUITE 1910, NEW YORK NY 10120
Kennedy Lewis Gp Iii Llc director 111 WEST 33RD STREET, SUITE 1910, NEW YORK NY 10120
Kathleen B. Lynch director C/O EASTMAN KODAK COMPANY, 343 STATE STREET, ROCHESTER NY 14650
Richard T Michaels officer: CAO and Corp. Controller C/O EASTMAN KODAK COMPANY, 343 STATE STREET, ROCHESTER NY 14650
Darren Richman director 80 BROAD STREET, 22ND FLOOR, NEW YORK NY 10004
David Chene director 80 BROAD STREET, 22ND FLOOR, NEW YORK NY 10004
Kennedy Lewis Management Lp director 225 LIBERTY STREET, SUITE 4210, NEW YORK NY 10281
Klm Gp Llc director 80 BROAD STREET, 22ND FLOOR, NEW YORK NY 10004
Kennedy Lewis Investment Holdings Llc director 111 WEST 33RD STREET, SUITE 1910, NEW YORK NY 10120