Digital Ally (Digital Ally) Retained Earnings

: $-117.67 Mil (As of Dec. 2023)

View and export this data going back to 2007. Start your Free Trial

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Digital Ally's retained earnings for the quarter that ended in Dec. 2023 was $-117.67 Mil.

Digital Ally's quarterly retained earnings declined from Jun. 2023 ($-106.48 Mil) to Sep. 2023 ($-110.19 Mil) and declined from Sep. 2023 ($-110.19 Mil) to Dec. 2023 ($-117.67 Mil).

Digital Ally's annual retained earnings declined from Dec. 2021 ($-68.67 Mil) to Dec. 2022 ($-91.98 Mil) and declined from Dec. 2022 ($-91.98 Mil) to Dec. 2023 ($-117.67 Mil).

Digital Ally Retained Earnings Historical Data

The historical data trend for Digital Ally'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.

Digital Ally Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

Get a 7-Day Free Trial

-87.39

-90.02

-68.67

-91.98

-117.67

Digital Ally Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Retained Earnings	Get a 7-Day Free Trial															-91.98	-98.09	-106.48	-110.19	-117.67

Digital Ally 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.

Digital Ally (NAS:DGLY) 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.

Digital Ally (Digital Ally) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Digital Ally Inc (NAS:DGLY) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

N/A

Address

14001 Marshall Drive, Lenexa, KS, USA, 66215

Website

https://www.digitalallyinc.com

Digital Ally Inc produces digital video imaging and storage products for use in law enforcement, security, and commercial applications. Its products are an in-car digital video/audio recorder contained in a rear-view mirror for use in law enforcement and commercial fleets. It can integrate electronic, radio, computer and multi-media technologies to create solutions to address needs in a variety of other industries and markets, including mass transit, school bus, taxicab and military. The company sells its products to law enforcement agencies and other security organizations and consumer and commercial fleet operators through direct sales domestically and third-party distributors internationally. It has three segments: Video Solutions Segment, Revenue Cycle Management and Ticketing Segment.

Executives

Daniel Duke Daughtery	director	C/O DIGITAL ALLY, INC., 14001 MARSHALL DRIVE, LENEXA KS 66215
Hoffmann Christian J. Iii	director	ONE RENAISSANCE SQUARE, TWO NORTH CENTRAL AVENUE, PHOENIX AZ 85004
Peng Han	officer: Chief Operating Officer	9301 W 144TH TERRACE, OVERLAND PARK KS 66221
Stanton E Ross	director, officer: Chairman, President, and CEO	15612 COLLEGE BLVD., LENEXA KS 66219
Daniel F Hutchins	director	11900 COLLEGE BOULEVARD, SUITE 310, OVERLAND PARK KS 66210
Thomas J Heckman	officer: CFO, Treasurer & Secretary	15612 COLLEGE BLVD., LENEXA KS 66219
Michael Caufield	officer: VP of Strategic Development	15612 COLLEGE BLVD., LENEXA KS 66219
Leroy C Richie	director	15612 COLLEGE BLVD., LENEXA KS 66219
Elliot M Kaplan	director	9705 LOIRET BLVD., LENEXA KS 66219
Stephen Gans	director, 10 percent owner	14850 NW 44TH COURT, OPA LOCKA FL 33054
Steven Phillips	officer: Vice President of Engineering	9705 LOIRET BLVD., LENEXA KS 66219
Bernard A Bianchino	director	9601 W. 156TH STREET, OVERLAND PARK KS 66221
Edward Smith	officer: Vice President of Operations	7311 W 130TH STREET, SUITE 170, OVERLAND PARK KS 66213
Kenneth L Mccoy	officer: Vice President of Marketing	7311 W. 130TH, SUITE 170, OVERLAND PARK KS 66213
Robert D Haler	officer: Exec Vice Pres, of Product Dev	7311 WEST 130TH, SUITE 170, OVERLAND PARK KS 66213