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Samsara Luggage Retained Earnings

: $-9.40 Mil (As of Sep. 2021)
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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Samsara Luggage's retained earnings for the quarter that ended in Sep. 2021 was $-9.40 Mil.

Samsara Luggage's quarterly retained earnings declined from Mar. 2021 ($-7.01 Mil) to Jun. 2021 ($-8.85 Mil) and declined from Jun. 2021 ($-8.85 Mil) to Sep. 2021 ($-9.40 Mil).

Samsara Luggage's annual retained earnings declined from Jul. 2018 ($-1.36 Mil) to Jul. 2019 ($-2.46 Mil) and declined from Jul. 2019 ($-2.46 Mil) to Dec. 2020 ($-6.38 Mil).


Samsara Luggage Retained Earnings Historical Data

The historical data trend for Samsara Luggage'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.

Samsara Luggage Annual Data
Trend Jul11 Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Dec20
Retained Earnings
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.60 -0.99 -1.36 -2.46 -6.38

Samsara Luggage Quarterly Data
Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Retained Earnings 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 Premium Member Only Premium Member Only Premium Member Only -6.12 -6.38 -7.01 -8.85 -9.40

Samsara Luggage 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.


Samsara Luggage  (OTCPK:SAML) 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.


Samsara Luggage Business Description

Samsara Luggage logo
Traded in Other Exchanges
N/A
Address
One University Plaza, Suite 505, Hackensack, NJ, USA, 07601
Samsara Luggage Inc designs manufactures and sells high-quality luggage products to meet the evolving needs of travelers. The company generates revenues through the sale and distribution of smart luggage products.
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