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Cortelco Systems Puerto Rico (Cortelco Systems Puerto Rico) Retained Earnings : $-5.92 Mil (As of Apr. 2009)


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What is Cortelco Systems Puerto Rico Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Cortelco Systems Puerto Rico's retained earnings for the quarter that ended in Apr. 2009 was $-5.92 Mil.

Cortelco Systems Puerto Rico's quarterly retained earnings declined from Oct. 2008 ($-5.65 Mil) to Jan. 2009 ($-5.92 Mil) but then increased from Jan. 2009 ($-5.92 Mil) to Apr. 2009 ($-5.92 Mil).

Cortelco Systems Puerto Rico's annual retained earnings increased from Jul. 2006 ($-5.53 Mil) to Jul. 2007 ($-5.45 Mil) but then declined from Jul. 2007 ($-5.45 Mil) to Jul. 2008 ($-5.49 Mil).


Cortelco Systems Puerto Rico Retained Earnings Historical Data

The historical data trend for Cortelco Systems Puerto Rico'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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Cortelco Systems Puerto Rico Retained Earnings Chart

Cortelco Systems Puerto Rico Annual Data
Trend Jul02 Jul03 Jul04 Jul05 Jul06 Jul07 Jul08
Retained Earnings
Get a 7-Day Free Trial -5.74 -5.73 -5.53 -5.45 -5.49

Cortelco Systems Puerto Rico Quarterly Data
Jul04 Oct04 Jan05 Apr05 Jul05 Oct05 Jan06 Apr06 Jul06 Oct06 Jan07 Apr07 Jul07 Oct07 Jan08 Apr08 Jul08 Oct08 Jan09 Apr09
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 -5.26 -5.49 -5.65 -5.92 -5.92

Cortelco Systems Puerto Rico 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.


Cortelco Systems Puerto Rico  (OTCPK:CPROF) 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.


Cortelco Systems Puerto Rico (Cortelco Systems Puerto Rico) Business Description

Traded in Other Exchanges
N/A
Address
Parque Ind. Caguas Oeste Road, 156 km 58.2, Caguas, PRI, 00726-7076
Cortelco Systems Puerto Rico Inc is engaged in the business of telecommunication systems. It offers security services, such as network security; and endpoint security comprising PCs, laptops, smart phones, tablets, barcode readers, or POS terminals. Geographically the activities are carried out through Puerto Rico.

Cortelco Systems Puerto Rico (Cortelco Systems Puerto Rico) Headlines

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