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Seafarer Exploration (Seafarer Exploration) Retained Earnings : $-28.35 Mil (As of Dec. 2023)


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What is Seafarer Exploration Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Seafarer Exploration's retained earnings for the quarter that ended in Dec. 2023 was $-28.35 Mil.

Seafarer Exploration's quarterly retained earnings declined from Jun. 2023 ($-26.77 Mil) to Sep. 2023 ($-27.53 Mil) and declined from Sep. 2023 ($-27.53 Mil) to Dec. 2023 ($-28.35 Mil).

Seafarer Exploration's annual retained earnings declined from Dec. 2021 ($-22.55 Mil) to Dec. 2022 ($-25.17 Mil) and declined from Dec. 2022 ($-25.17 Mil) to Dec. 2023 ($-28.35 Mil).


Seafarer Exploration Retained Earnings Historical Data

The historical data trend for Seafarer Exploration'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.

Seafarer Exploration Retained Earnings Chart

Seafarer Exploration 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 -17.26 -19.93 -22.55 -25.17 -28.35

Seafarer Exploration 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 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 -25.17 -26.16 -26.77 -27.53 -28.35

Seafarer Exploration 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.


Seafarer Exploration  (OTCPK:SFRX) 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.


Seafarer Exploration (Seafarer Exploration) Business Description

Traded in Other Exchanges
N/A
Address
14497 N. Dale Mabry Highway, Suite 209-N, Tampa, FL, USA, 33618
Seafarer Exploration Corp is an underwater research, exploration and recovery company. It develops the infrastructure to engage in the archaeologically sensitive exploration and recovery of historic shipwrecks. The company is engaged in the archaeologically sensitive exploration, documentation, and recovery of historic shipwrecks with the objective of exploring and discovering Colonial-era shipwrecks. Its operating segment includes Blockchain LogisTech, LLC and Seafarer Exploration Corp. The company derives a majority of its revenue from Seafarer Exploration Corp.
Executives
Charles Branscum director 199 JONES DRIVE, BATESVILLE AR 72501
Bradford S Clark director 1603 STONEHENGE PLACE, LITTLE ROCK AR 72212
Thomas B Soeder director 1413 MAYESVILLE WAY, THE VILLAGES FL 32162
Robert L. Kennedy director 41 TIMBERLANE TRAIL, CONWAY AR 72034-3611
Micah James Eldred 10 percent owner 15500 ROOSEVELT BLVD., SUITE 303, CLEARWATER FL 33760
Pelle Ojasu director 14497 N. DALE MABRY HIGHWAY, SUITE 209N, TAMPA FL 33618
Credo Argentarius, L.l.c. 10 percent owner 17547 HUGH LANE, LAND O LAKES FL 34638
Linda Gail Kennedy 10 percent owner 17547 HUGH LANE, LAND O LAKES FL 34638
Solar Funding Solutions Corp. 10 percent owner 140 ISLAND WAY, NO. 252, CLEARWATER BEACH FL 33767
Seth M Shaw director, officer: CEO, President 55 W 25 STREET, APT 33A, NEW YORK NY 10010