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Elme Communities (Elme Communities) Retained Earnings : $-588.9 Mil (As of Mar. 2024)


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What is Elme Communities Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Elme Communities's retained earnings for the quarter that ended in Mar. 2024 was $-588.9 Mil.

Elme Communities's quarterly retained earnings declined from Sep. 2023 ($-550.4 Mil) to Dec. 2023 ($-569.4 Mil) and declined from Dec. 2023 ($-569.4 Mil) to Mar. 2024 ($-588.9 Mil).

Elme Communities's annual retained earnings declined from Dec. 2021 ($-362.5 Mil) to Dec. 2022 ($-453.0 Mil) and declined from Dec. 2022 ($-453.0 Mil) to Dec. 2023 ($-569.4 Mil).


Elme Communities Retained Earnings Historical Data

The historical data trend for Elme Communities'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.

Elme Communities Retained Earnings Chart

Elme Communities 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 -183.41 -298.86 -362.49 -453.01 -569.39

Elme Communities 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 -472.50 -490.94 -550.44 -569.39 -588.92

Elme Communities 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.


Elme Communities  (NYSE:ELME) 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.


Elme Communities (Elme Communities) Business Description

Traded in Other Exchanges
Address
1775 Eye Street North West, Suite 1000, Washington, DC, USA, 20006
Elme Communities is a real estate investment trust engaged in owning and operating properties in the greater Washington DC metropolitan area. The company's real estate portfolio is comprised of office, retail, and multifamily properties located primarily near major transportation nodes. Washington REIT derives nearly all of its income in the form of rental revenue from tenants organized into long-term leases. The company's office assets contribute the majority of this income, while the rest is split fairly evenly between its retail and multifamily locations. Washington REIT's largest tenants are banking, consulting, law, and financial services firms.
Executives
Susan Carras director 345 PARK AVENUE, NEW YORK NY 10154
Tiffany Michelle Butcher officer: EVP & COO 1775 EYE STREET NW, SUITE 1000, WASHINGTON DC 20006
Steven Freishtat officer: EVP & CFO 1775 EYE STREET NW, SUITE 1000, WASHINGTON DC 20006
Jennifer S Banner director 214N TRYON STREET, CHARLOTTE NC 28202
Susan Lilly Gerock officer: SVP & CIO 1775 EYE STREET, NW, SUITE 1000, WASHINGTON DC 20006
Ellen M. Goitia director 1775 EYE STREET, NW, SUITE 1000, WASHINGTON DC 20006
Taryn D. Fielder officer: SVP, GC & Corporate Secretary 1775 EYE STREET, N.W., SUITE 1000, WASHINGTON DC 20006
Murn Edward J. Iv officer: Managing Director, Residential 6110 EXECUTIVE BOULEVARD, SUITE 800, ROCKVILLE MD 20852
Wade Drew Hammond officer: VP & CAO elect & Controller 1775 EYE ST., NW, SUITE 1000, WASHINGTON DC 20006
John P Mcdaniel other: Trustee C/O MEDIFAST, INC., 3600 CRONDALL LANE, OWINGS MILLS MD 21117
Stephen Edward Riffe officer: E.V.P. & CFO-elect 1775 EYE STREET, NW, SUITE 1000, WASHINGTON DC 20006
Nolan Thomas H Jr director 14631 NORTH SCOTTSDALE RD, SUITE 200, SCOTTSDALE AZ 85254
Laura M Franklin officer: S.V.P. & Corp. Sec. CONSOLIDATED-TOMOKA LAND CO., PO BOX 10809, DAYTONA BEACH FL 32120
Thomas L Regnell officer: Mnging. Dir. - Acquisitions
Benjamin S Butcher director ONE FEDERAL STREET, 23RD FLOOR, BOSTON MA 02110

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