GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Crown ElectroKinetics Corp (NAS:CRKN) » Definitions » Retained Earnings

Crown ElectroKinetics (Crown ElectroKinetics) Retained Earnings : $-121.61 Mil (As of Mar. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Crown ElectroKinetics Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Crown ElectroKinetics's retained earnings for the quarter that ended in Mar. 2024 was $-121.61 Mil.

Crown ElectroKinetics's quarterly retained earnings declined from Sep. 2023 ($-107.69 Mil) to Dec. 2023 ($-117.00 Mil) and declined from Dec. 2023 ($-117.00 Mil) to Mar. 2024 ($-121.61 Mil).

Crown ElectroKinetics's annual retained earnings declined from Mar. 2021 ($-57.20 Mil) to Dec. 2022 ($-88.01 Mil) and declined from Dec. 2022 ($-88.01 Mil) to Dec. 2023 ($-117.00 Mil).


Crown ElectroKinetics Retained Earnings Historical Data

The historical data trend for Crown ElectroKinetics'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.

Crown ElectroKinetics Retained Earnings Chart

Crown ElectroKinetics Annual Data
Trend Mar19 Mar20 Mar21 Dec22 Dec23
Retained Earnings
-6.84 -16.45 -57.20 -88.01 -117.00

Crown ElectroKinetics 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 -90.31 -104.83 -107.69 -117.00 -121.61

Crown ElectroKinetics 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.


Crown ElectroKinetics  (NAS:CRKN) 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.


Crown ElectroKinetics (Crown ElectroKinetics) Business Description

Traded in Other Exchanges
N/A
Address
1110 NE Circle Boulevard, Corvallis, OR, USA, 97330
Crown ElectroKinetics Corp is a provider of DynamicTint. The company's technology allows any glass surface to transition between clear and dark in seconds. DynamicTint allows windows to transition from transparent to black. With applications to a wide array of windows, including commercial buildings, automotive sunroofs, and residential skylights, Crown partners with glass and film manufacturers for mass production and distribution. Its technology is a thin film that is powered by an electrically-charged pigment which not only replaces common window tints but is also a more sustainable alternative to traditional window treatments. The company is supported by a robust patent portfolio.
Executives
Douglas B Croxall 10 percent owner, officer: Chief Executive Officer 2331 MILL ROAD SUITE 100, ALEXANDRIA VA 22314
Joel Krutz officer: Chief Financial Officer 11601 WILSHIRE BLVD., SUITE 2240, LOS ANGELES CA 90025
Gary C Hanna director
Gizman I Abbas director 415 WASHINGTON STREET, APT 1B, NEW YORK NY 10013
Kaijiro Sato officer: Co-President and CMO 1110 NE CIRCLE BLVD., CORVALLIS OR 97330
Edward Kovalik director 1 GRAND ARMY PLAZA, 11 GG, BROOKLYN NY 11238
Philip J Anderson officer: Chief Financial Officer SIAR CAPITAL, 600 MADISON AVENUE, NEW YORK NY 10021
John P. Marchese director 150 TWELVE OAKS LANE, PONTE VEDRA BEACH FL 32082
Christopher H Smith director C/O ONEIDA LTD., 163-181 KENWOOD AVENUE, ONEIDA NY 13421
Timothy Koch officer: Chief Technology Officer 1110 NE CIRCLE BLVD., CORVALLIS OR 97330
Dipanjan Nag director 9335 BURNETT LANE, DUBLIN OH 43017