ASPR (Adsouth Partners) Retained Earnings : $-9.56 Mil (As of Jun. 2024)

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

What is Adsouth Partners Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Adsouth Partners's retained earnings for the quarter that ended in Jun. 2024 was $-9.56 Mil.

Adsouth Partners's quarterly retained earnings declined from Jun. 2023 ($-9.54 Mil) to Sep. 2023 ($-9.56 Mil) and declined from Sep. 2023 ($-9.56 Mil) to Jun. 2024 ($-9.56 Mil).

Adsouth Partners's annual retained earnings increased from . 20 ($0.00 Mil) to Dec. 2021 ($-9.54 Mil) but then stayed the same from Dec. 2021 ($-9.54 Mil) to Dec. 2022 ($-9.54 Mil).

Adsouth Partners Retained Earnings Historical Data

The historical data trend for Adsouth Partners'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.

Adsouth Partners Retained Earnings Chart

Adsouth Partners Annual Data

Trend

Dec21

Dec22

Retained Earnings

-9.54

Adsouth Partners Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Jun24
Retained Earnings	Get a 7-Day Free Trial				-9.54	-9.54	-9.54	-9.56	-9.56

Adsouth Partners 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.

Adsouth Partners (OTCPK:ASPR) 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.

Adsouth Partners Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Adsouth Partners Inc (OTCPK:ASPR) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

N/A

Address

7339 E. Williams Drive, PO Box 26496, Scottsdale, AZ, USA, 85255

Website

http://www.adsouthpartnerscorp.com

Adsouth Partners Inc is a shell company.

Executives

Jerald Horowitz	director	1035 S. FEDERAL HIGHWAY, 211, DELRAY BEACH FL 33483
Wade Brian K /fa/	officer: VP Finance/Controller	9447 SUN POINTE DR, BOYNTON BEACH FL 33437
Loren R Haynes	director	108 S. MAIN STREET, LIBERTY IN 47353
Harlan I Press	director	2530 EAGLE RUN COURT, WESTON FL 33327
John Cammarano	director, officer: Chief Executive Officer	6914 NW 126TH AVE., PARKLAND FL 33076
Anton Lee Wingeier	officer: CHIEF FINANCIAL OFFICER	19513 ESTUARY DRIVE, BOCA RATON FL 33498
Acunto John P Jr	director, 10 percent owner, officer: Chief Executive Officer and In	1609 SCOTLAND AVE, CHARLOTTE NC 28207
Gary J Hohman	officer: President
Angela E Acunto	10 percent owner
Omar A Rizvi	director, officer: Interim CEO	C/O ORIGIN INVESTMENT GROUP INC, 980 NORTH MICHIGAN AVE. #1400, CHICAGO IL 60611
Timothy Neil Williams	10 percent owner	C/O STRAGEGY PARTNERS, 2600 MICHELSON DR. 17TH FL, IRVINE CA 92612
Ralph Douglas Sherrod	director, officer: CFO	C/O STRATEGY PARTNERS, 2600 MICHELSON DR. 17TH FL, IRVINE CA 92612
Tiger Fund Inc	10 percent owner	2600 MICHELSON DRIVE, 17TH FLOOR, IRVINE CA 92612
Richard Allan Moore	other: Maj. Shareholder of Tiger Fund	PO BOX 676286, RANCHO SANTA FE CA 92607

Adsouth Partners Headlines

No Headlines