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Mastech Digital (Mastech Digital) Retained Earnings : $52.4 Mil (As of Dec. 2023)


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What is Mastech Digital Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Mastech Digital's retained earnings for the quarter that ended in Dec. 2023 was $52.4 Mil.

Mastech Digital's quarterly retained earnings increased from Jun. 2023 ($57.6 Mil) to Sep. 2023 ($57.8 Mil) but then declined from Sep. 2023 ($57.8 Mil) to Dec. 2023 ($52.4 Mil).

Mastech Digital's annual retained earnings increased from Dec. 2021 ($50.8 Mil) to Dec. 2022 ($59.6 Mil) but then declined from Dec. 2022 ($59.6 Mil) to Dec. 2023 ($52.4 Mil).


Mastech Digital Retained Earnings Historical Data

The historical data trend for Mastech Digital'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.

Mastech Digital Retained Earnings Chart

Mastech Digital 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 28.76 38.62 50.84 59.55 52.42

Mastech Digital 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 59.81 57.64 57.77 52.42 52.25

Mastech Digital 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.


Mastech Digital  (AMEX:MHH) 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.


Mastech Digital (Mastech Digital) Business Description

Traded in Other Exchanges
Address
1305 Cherrington Parkway, Building 210, Suite 400, Moon Township, PA, USA, 15108
Mastech Digital Inc is a provider of Digital Transformation IT Services. The Company offers data & analytics solutions & IT staffing services for both digital & mainstream technologies. The Group has two segments. Its Data & Analytics Services segment delivers specialized data management, data engineering, customer experience consulting, data analytics & cloud services to customers globally. IT Staffing Services segment combines technical expertise with business process experience to deliver a broad range of services in digital & mainstream technologies. Its digital transformation services also include staffing & project-based services around digital learning. The company derives a majority of its revenue from IT staffing services. Geographically, the majority is from the United States.
Executives
Manoj P Singh 10 percent owner PUTNAM INVESTMENTS, ONE POST OFFICE SQUARE, BOSTON MA 02109
Sunil Wadhwani director, 10 percent owner 1004 MCKEE ROAD, OAKDALE PA 15071
Michael Lee Fleishman officer: See Remarks 1305 CHERRINGTON PKWY, BLDG 210, SUITE 400, MOON TOWNSHIP PA 15108
Vladimir Rak director 345 COURT STREET, CORAOPOLIS PA 15108
Ganeshan Venkateshwaran officer: See Remarks 1305 CHERRINGTON PKWY, BLDG 210, STE 400, MOON TOWNSHIP PA 15108
Paul Philip Burton officer: See Remarks 1305 CHERRINGTON PARKWAY, SUITE 400, MOON TOWNSHIP PA 15109
Brenda C Galilee director C/O HALL KINION & ASSOCIATES INC, 75 ROWLAND WAY, SUITE 200, NOVATO CA 94945
Steven A Shaw 10 percent owner 503 13TH AVENUE EAST, #205, SEATTLE WA 98102
John J. Cronin officer: Chief Financial Officer 1603 BLACKBURN HTS DRIVE, SEWICKLEY PA 15143
Vivek Gupta director, officer: President and CEO C/O MASTECH HOLDINGS, 1305 CHERRINGTON PKWY, BLDG 200, STE 400, MOON TOWNSHIP PA 15108
Gerhard Watzinger director 2821 TARFLOWER WAY, NAPLES FL 34105
John Ausura director 210 CAPE COD WAY, MOORESVILLE NC 28117
Ashok Trivedi director, 10 percent owner 1004 MCKEE ROAD, OAKDALE PA 15071
Scott Adam Aicher officer: See Remarks 2709 PEBBLE BEACH DRIVE, OAKALND MI 48363
Denis D. Deet officer: VP of Technology and CIO C/O MASTECH HOLDINGS, INC., 1305 CHERRINGTON PKWY, BLDG 210, STE 400, MOON TOWNSHIP PA 15108

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