GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » DAC Technologies Group International Inc (OTCPK:DAAT) » Definitions » Retained Earnings

DAC Technologies Group International (DAC Technologies Group International) Retained Earnings : $3.77 Mil (As of Sep. 2010)


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

What is DAC Technologies Group International Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. DAC Technologies Group International's retained earnings for the quarter that ended in Sep. 2010 was $3.77 Mil.

DAC Technologies Group International's quarterly retained earnings declined from Mar. 2010 ($3.89 Mil) to Jun. 2010 ($3.76 Mil) but then increased from Jun. 2010 ($3.76 Mil) to Sep. 2010 ($3.77 Mil).

DAC Technologies Group International's annual retained earnings increased from Dec. 2007 ($3.05 Mil) to Dec. 2008 ($3.41 Mil) and increased from Dec. 2008 ($3.41 Mil) to Dec. 2009 ($3.96 Mil).


DAC Technologies Group International Retained Earnings Historical Data

The historical data trend for DAC Technologies Group International'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.

DAC Technologies Group International Retained Earnings Chart

DAC Technologies Group International Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.96 2.71 3.05 3.41 3.96

DAC Technologies Group International Quarterly Data
Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10
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 3.80 3.96 3.89 3.76 3.77

DAC Technologies Group International 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.


DAC Technologies Group International  (OTCPK:DAAT) 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.


DAC Technologies Group International (DAC Technologies Group International) Business Description

Traded in Other Exchanges
N/A
Address
100 Gamble Road, Suite One, Little Rock, AR, USA, 72211
DAC Technologies Group International Inc is a manufacturer and supplier of gun cleaning kits, gunsmithing tools and accessories, and wide assortment of gun locks.
Executives
Praetorian Capital Management Llc 10 percent owner 3271 RIVIERA DRIVE, CORAL GABLES FL 33134

DAC Technologies Group International (DAC Technologies Group International) Headlines

From GuruFocus

DAC Technologies Group (DAAT)

By voisin Frank Voisin 02-17-2011