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Cardiff Lexington (Cardiff Lexington) Retained Earnings : $-69.12 Mil (As of Mar. 2024)


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What is Cardiff Lexington Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Cardiff Lexington's retained earnings for the quarter that ended in Mar. 2024 was $-69.12 Mil.

Cardiff Lexington's quarterly retained earnings declined from Sep. 2023 ($-68.68 Mil) to Dec. 2023 ($-68.68 Mil) and declined from Dec. 2023 ($-68.68 Mil) to Mar. 2024 ($-69.12 Mil).

Cardiff Lexington's annual retained earnings declined from Dec. 2021 ($-65.12 Mil) to Dec. 2022 ($-70.93 Mil) but then increased from Dec. 2022 ($-70.93 Mil) to Dec. 2023 ($-68.68 Mil).


Cardiff Lexington Retained Earnings Historical Data

The historical data trend for Cardiff Lexington'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.

Cardiff Lexington Retained Earnings Chart

Cardiff Lexington 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 -62.56 -65.58 -65.12 -70.93 -68.68

Cardiff Lexington 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 -71.21 -70.52 -68.68 -68.68 -69.12

Cardiff Lexington 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.


Cardiff Lexington  (OTCPK:CDIX) 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.


Cardiff Lexington (Cardiff Lexington) Business Description

Traded in Other Exchanges
N/A
Address
401 East Las Olas boulevard, Suite 1400, Fort Lauderdale, FL, USA, 33301
Cardiff Lexington Corp is a small-cap Holding company. Through its subsidiaries, it operates in given segments: Affordable Housing, Tax Resolution Services, Real Estate, and Healthcare. The Affordable Housing segment leases and sells mobile homes as an option for a homeowner wishing to avoid large down payments, expensive maintenance costs, large monthly mortgage payments, and high property taxes and insurance. The Tax segment provides tax resolution services to individuals and companies that have federal and state tax liabilities. The Real estate segment consists of 30 prime acres of land; 23.5 acres zoned MDR and the Healthcare segment is a group of doctors that provide a full range of diagnostic and surgical services.
Executives
David Lawrence Mccarthy 10 percent owner 21 JEAN COURT, GREENLAWN NY 11740
Jason A Levy 10 percent owner 1301 S. 101 ST., #105, OMAHA NE 68124
Kathleen Roberton director, 10 percent owner, officer: Chief Executive Officer C/O CARDIFF INTERNATIONAL, INC., 411 N NEW RIVER DRIVE E, UNIT 2202, FT. LAUDERDALE FL 33301
Jarrett B Posner 10 percent owner 280 PARK AVENUE, NEW YORK NY 10017
Steven Posner Irrevocable Trust 10 percent owner 10800 BISCAYNE BLVD., SUITE 350, MIAMI FL 33161
Sean Posner 10 percent owner 10800 BISCAYNE BOULEVARD, SUITE 350, MIAMI FL 33161
Estate Of Steven N. Posner 10 percent owner 10800 BISCAYNE BOULEVARD, SUITE 350, MIAMI FL 33161
Joseph Dileonardo officer: President 157 HALE STREET, ELMHURST IL 60126
Daniel Thompson director, 10 percent owner, officer: President/CEO 5717 TANNER RIDGE AVENUE, WESTLAKE VILLAGE CA 91362
Gary Teel director, 10 percent owner, officer: chairman 210 SAN YSIDRO ROAD, SANTA BARBARA CA 93108
Robert Fallon officer: Chief Marketing Officer 98 BOW STREET, DUXBURY MA 02332