ELMD (Electromed) Retained Earnings : $20.59 Mil (As of Sep. 2024)

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What is Electromed Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Electromed's retained earnings for the quarter that ended in Sep. 2024 was $20.59 Mil.

Electromed's quarterly retained earnings increased from Mar. 2024 ($22.12 Mil) to Jun. 2024 ($23.67 Mil) but then declined from Jun. 2024 ($23.67 Mil) to Sep. 2024 ($20.59 Mil).

Electromed's annual retained earnings increased from Jun. 2022 ($15.78 Mil) to Jun. 2023 ($18.79 Mil) and increased from Jun. 2023 ($18.79 Mil) to Jun. 2024 ($23.67 Mil).

Electromed Retained Earnings Historical Data

The historical data trend for Electromed'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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Electromed Retained Earnings Chart

Electromed Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Retained Earnings

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13.68

14.92

15.78

18.79

23.67

Electromed Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Retained Earnings	Get a 7-Day Free Trial															18.95	20.62	22.12	23.67	20.59

Electromed 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.

Electromed (AMEX:ELMD) 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.

Electromed Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Electromed Inc (AMEX:ELMD) » Definitions » Retained Earnings

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Address

500 Sixth Avenue NW, New Prague, MN, USA, 56071

Website

https://www.smartvest.com

Electromed Inc is a United States-based company that develops, manufactures, markets, and sells products that provide airway clearance therapy, including the SmartVest Airway Clearance System and related products, to patients with compromised pulmonary function with a commitment to excellence and compassionate service. The SmartVest System features a programmable air pulse generator, a therapy garment worn over the upper body and a connecting hose, which together provide safe, comfortable, and effective airway clearance therapy.

Executives

Andrew Summers	director	601 JEFFERSON STREET, HOUSTON TX 77002
Kathleen Skarvan	officer: Chief Executive Officer	40 WEST HIGHLAND PARK DR NE, HUTCHINSON MN 55350
James L. Cunniff	director, officer: CEO and President	500 SIXTH AVE NW, NEW PRAGUE MN 56071
Bradley M. Nagel	officer: Chief Financial Officer	500 SIXTH AVE NW, NEW PRAGUE MN 56071
Michelle C. Wirtz	officer: Chief Financial Officer	500 SIXTH AVENUE NW,, NEW PRAGUE MN 56071
Christopher G. Holland	officer: Chief Commercial Officer	500 SIXTH AVENUE NW, NEW PRAGUE MN 56071
Joseph L. Galatowitsch	director	500 SIXTH AVENUE NW, NEW PRAGUE MN 56071
Kathleen A Tune	director	60 SOUTH SIXTH STREET, SUITE 3620, MINNEAPOLIS MN 55402
A Jones Lee	director	54 LOCKE LAKE RD, FRIDLEY MN 55432
Stephen H. Craney	director	25340 SANDPIPER LANE, WINONA MN 55987
Andrea M. Walsh	director	500 SIXTH AVENUE NW, NEW PRAGUE MN 56071
George H. Winn	director	27451 COUNTRY HOLLOWS LANE, NEW PRAGUE MN 56701
Michael Joseph Maccourt	officer: Chief Financial Officer	500 SIXTH AVENUE NW, NEW PRAGUE MN 56071
Gregory Fluet	director	14405 21ST AVENUE NORTH, MINNEAPOLIS MN 55447
John L Erb	director	C/O VASCULAR SOLUTIONS, INC., 6464 SYCAMORE COURT N., MINNEAPOLIS, MN 55369