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American Church Mortgage Co (American Church Mortgage Co) Retained Earnings : $-14.24 Mil (As of Jun. 2022)


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What is American Church Mortgage Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. American Church Mortgage Co's retained earnings for the quarter that ended in Jun. 2022 was $-14.24 Mil.

American Church Mortgage Co's quarterly retained earnings declined from Dec. 2021 ($-10.35 Mil) to Mar. 2022 ($-10.51 Mil) and declined from Mar. 2022 ($-10.51 Mil) to Jun. 2022 ($-14.24 Mil).

American Church Mortgage Co's annual retained earnings declined from Dec. 2019 ($-8.78 Mil) to Dec. 2020 ($-9.04 Mil) and declined from Dec. 2020 ($-9.04 Mil) to Dec. 2021 ($-10.35 Mil).


American Church Mortgage Co Retained Earnings Historical Data

The historical data trend for American Church Mortgage Co'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.

American Church Mortgage Co Retained Earnings Chart

American Church Mortgage Co Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.94 -8.35 -8.78 -9.04 -10.35

American Church Mortgage Co Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 -9.52 -9.57 -10.35 -10.51 -14.24

American Church Mortgage Co 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.


American Church Mortgage Co  (OTCPK:ACMC) 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.


American Church Mortgage Co (American Church Mortgage Co) Business Description

Traded in Other Exchanges
N/A
Address
10400 Yellow Circle Drive, Suite 102, Minnetonka, MN, USA, 55343
American Church Mortgage Co operates as a real estate investment trust. Geographically the activities function throughout the region of the United States. It is primarily engaged in the business of making mortgage loans to churches and other non-profit religious organizations. In addition, the group also owns bonds, issued by churches and other nonprofit religious organizations. The firm derives revenue in the form of interest on mortgage loans receivable and the bond portfolio.
Executives
Philip J. Myers director, officer: Chairman, President, Secretary 10237 YELLOW CIRCLE DRIVE, MINNETONKA MN 55343
Scott J. Marquis other: VP & Secretary of Advisor 10237 YELLOW CIRCLE DRIVE, MINNETONKA MN 55343
Michael G. Holmquist director 18300 MINNETONKA BLVD., SUITE 202, DEEPHAVEN MN 55391

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