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National General Holdings (National General Holdings) Retained Earnings : $1,514.30 Mil (As of Dec. 2020)


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What is National General Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. National General Holdings's retained earnings for the quarter that ended in Dec. 2020 was $1,514.30 Mil.

National General Holdings's quarterly retained earnings increased from Jun. 2020 ($1,296.45 Mil) to Sep. 2020 ($1,392.87 Mil) and increased from Sep. 2020 ($1,392.87 Mil) to Dec. 2020 ($1,514.30 Mil).

National General Holdings's annual retained earnings increased from Dec. 2018 ($764.06 Mil) to Dec. 2019 ($1,058.14 Mil) and increased from Dec. 2019 ($1,058.14 Mil) to Dec. 2020 ($1,514.30 Mil).


National General Holdings Retained Earnings Historical Data

The historical data trend for National General Holdings'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.

National General Holdings Retained Earnings Chart

National General Holdings Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 539.11 597.86 764.06 1,058.14 1,514.30

National General Holdings Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 1,058.14 1,144.47 1,296.45 1,392.87 1,514.30

National General Holdings 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.


National General Holdings  (NAS:NGHCO.PFD) 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.


National General Holdings (National General Holdings) Business Description

Traded in Other Exchanges
N/A
Address
59 Maiden Lane, 38th Floor, New York, NY, USA, 10038
National General Holdings Corp is a specialty personal lines insurance holding company. It provides a variety of insurance products, including personal and commercial automobile, homeowners, umbrella, recreational vehicle, motorcycle, lender-placed, supplemental health and other niche insurance products. The company sells insurance products with a focus on underwriting profitability through a combination of its customized and predictive analytics and its technology is driven low-cost infrastructure. The company manages its business through two segments, the Property and Casualty segment and Accident and Health segment.
Executives
John Drake Nichols director C/O HIPPO HOLDINGS INC., 150 FOREST AVENUE, PALO ALTO CA 94301
Lawrence J. Moloney officer: Chief Accounting Officer C/O NGHC, 59 MAIDEN LANE, 38TH FLOOR, NEW YORK NY 10038
John Marshaleck director 48 PAR LA VILLE ROAD, SUITE 1141, HAMILTON D0 HM11
Ephraim Brecher director C/O NGHC, 59 MAIDEN LANE, 38TH FLOOR, NEW YORK NY 10038
Peter A. Rendall officer: COO and Treasurer C/O NGHC, 59 MAIDEN LANE, 38TH FLOOR, NEW YORK NY 10038
Michael Hal Weiner officer: Chief Financial Officer C/O NGHC, 59 MAIDEN LANE, 38TH FLOOR, NEW YORK NY 10038
Howard Zuckerman director 6 SANDS POINT RD, MONSEY NY 10952
Byron Storms officer: President - P&C C/O NGHC, 59 MAIDEN LANE, 38TH FLOOR, NEW YORK NY 10038
Michael Francis Murphy officer: Executive Vice President C/O NGHC, 59 MAIDEN LANE, 38TH FLOOR, NEW YORK NY 10038
Leah Karfunkel 10 percent owner C/O AMTRUST FINANCIAL SERVICES, INC., 59 MAIDEN LANE, 6TH FLOOR, NEW YORK NY 10038
Donald Bolar officer: Chief Accounting Officer C/O NGHC, 59 MAIDEN LANE, 38TH FLOOR, NEW YORK NY 10038
Amtrust International Insurance Ltd 10 percent owner SUITE 102 WASHINGTON MALL, 7 REID STREET, HAMILTON D0 HM11
Thomas Newgarden officer: Executive Vice President C/O NGHC, 59 MAIDEN LANE, 38TH FLOOR, NEW YORK NY 10038
Jeffrey Weissmann officer: General Counsel & Secretary C/O NGHC, 59 MAIDEN LANE, 38TH FLOOR, NEW YORK NY 10038
Robert Karfunkel officer: Executive Vice President C/O NGHC, 59 MAIDEN LANE, 38TH FLOOR, NEW YORK NY 10038

National General Holdings (National General Holdings) Headlines

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