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Centennial Specialty Foods (Centennial Specialty Foods) Retained Earnings : $-1.68 Mil (As of Jun. 2005)


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What is Centennial Specialty Foods Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Centennial Specialty Foods's retained earnings for the quarter that ended in Jun. 2005 was $-1.68 Mil.

Centennial Specialty Foods's quarterly retained earnings declined from Dec. 2004 ($-1.41 Mil) to Mar. 2005 ($-1.53 Mil) and declined from Mar. 2005 ($-1.53 Mil) to Jun. 2005 ($-1.68 Mil).

Centennial Specialty Foods's annual retained earnings increased from . 20 ($0.00 Mil) to Dec. 2003 ($-0.37 Mil) but then declined from Dec. 2003 ($-0.37 Mil) to Dec. 2004 ($-1.41 Mil).


Centennial Specialty Foods Retained Earnings Historical Data

The historical data trend for Centennial Specialty Foods'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.

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Centennial Specialty Foods Retained Earnings Chart

Centennial Specialty Foods Annual Data
Trend Dec03 Dec04
Retained Earnings
-0.37 -1.41

Centennial Specialty Foods Quarterly Data
Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.05 -1.15 -1.41 -1.53 -1.68

Centennial Specialty Foods 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.


Centennial Specialty Foods  (OTCPK:CHLE) 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.


Centennial Specialty Foods (Centennial Specialty Foods) Business Description

Traded in Other Exchanges
N/A
Address
10700 E Geddes Avenue, Suite 170, Englewood, CO, USA, 80112-3861
Website
Centennial Specialty Foods Corp sells and distributes Southwestern sauces and food products. Its products include the bean products, green chili sauce, red chili sauce, refried beans and tamale products.
Executives
Gerald J Laber director C/O APPLIED FILMS CORPORATION, 9586 I-25 FRONTAGE ROAD, LONGMONT CO 80504

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