GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Allegiant Professional Business Services Inc (OTCPK:APRO) » Definitions » Retained Earnings

Allegiant Professional Business Services (Allegiant Professional Business Services) Retained Earnings : $-13.80 Mil (As of Dec. 2008)


View and export this data going back to 2007. Start your Free Trial

What is Allegiant Professional Business Services Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Allegiant Professional Business Services's retained earnings for the quarter that ended in Dec. 2008 was $-13.80 Mil.

Allegiant Professional Business Services's quarterly retained earnings declined from Jun. 2008 ($-0.36 Mil) to Sep. 2008 ($-12.24 Mil) and declined from Sep. 2008 ($-12.24 Mil) to Dec. 2008 ($-13.80 Mil).

Allegiant Professional Business Services's annual retained earnings declined from Sep. 2006 ($-0.01 Mil) to Sep. 2007 ($-0.08 Mil) and declined from Sep. 2007 ($-0.08 Mil) to Sep. 2008 ($-12.24 Mil).


Allegiant Professional Business Services Retained Earnings Historical Data

The historical data trend for Allegiant Professional Business Services'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.

Allegiant Professional Business Services Retained Earnings Chart

Allegiant Professional Business Services Annual Data
Trend Sep05 Sep06 Sep07 Sep08
Retained Earnings
- -0.01 -0.08 -12.24

Allegiant Professional Business Services Quarterly Data
Sep05 Dec05 Mar06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.32 -0.26 -0.36 -12.24 -13.80

Allegiant Professional Business Services 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.


Allegiant Professional Business Services  (OTCPK:APRO) 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.


Allegiant Professional Business Services (Allegiant Professional Business Services) Business Description

Traded in Other Exchanges
N/A
Address
11838 Bernardo Plaza Ct., Suite 240, San Diego, CA, USA, 92128
Allegiant Professional Business Services Inc is a comprehensive employer business solutions provider like payroll processing, tax administration, workers' compensation insurance, human resources, and employee benefits.
Executives
James M Cassidy 10 percent owner 215 APOLENA AVENUE, NEWPORT BEACH CA 92662

Allegiant Professional Business Services (Allegiant Professional Business Services) Headlines

No Headlines