ESNR (Electronic Sensor Technology) Retained Earnings: $-17.83 Mil (As of Sep. 2009)

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What is Electronic Sensor Technology Retained Earnings?

Electronic Sensor Technology ESNR -99.00% Retained Earnings is $-17.83 Mil as of Sep. 2009.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Electronic Sensor Technology's retained earnings for the quarter that ended in Sep. 2009 was $-17.83 Mil.

Electronic Sensor Technology's quarterly retained earnings declined from Mar. 2009 ($-16.66 Mil) to Jun. 2009 ($-17.24 Mil) and declined from Jun. 2009 ($-17.24 Mil) to Sep. 2009 ($-17.83 Mil).

Electronic Sensor Technology's annual retained earnings declined from Dec. 2006 ($-10.50 Mil) to Dec. 2007 ($-14.87 Mil) and declined from Dec. 2007 ($-14.87 Mil) to Dec. 2008 ($-16.18 Mil).

Electronic Sensor Technology  (OTCPK:ESNR) 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.

Electronic Sensor Technology Retained Earnings Historical Data

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The historical data trend for Electronic Sensor Technology'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.

Electronic Sensor Technology Retained Earnings Chart

Electronic Sensor Technology Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08
Retained Earnings
-0.24 -4.18 -10.50 -14.87 -16.18

Electronic Sensor Technology Quarterly Data
Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09
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 -15.71 -16.18 -16.66 -17.24 -17.83

Electronic Sensor Technology 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.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of $-17.83 Mil mean?
Electronic Sensor Technology (ESNR) has a Retained Earnings of $-17.83 Mil as of Sep. 2009. Retained earnings is the amount of net income not issued to shareholders. View historical data on Electronic Sensor Technology and its competitors.
Is Electronic Sensor Technology's Retained Earnings too high?
Electronic Sensor Technology's current Retained Earnings is $-17.83 Mil.
How does Electronic Sensor Technology's Retained Earnings compare to TRWRF and UCLE?
Electronic Sensor Technology's Retained Earnings of $-17.83 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Hardware company?
A good Retained Earnings depends on the Hardware industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Electronic Sensor Technology and its competitors. Electronic Sensor Technology's current Retained Earnings is $-17.83 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Electronic Sensor Technology stock overvalued right now?
Electronic Sensor Technology (ESNR) has a current Retained Earnings of $-17.83 Mil. The current Retained Earnings is $-17.83 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Electronic Sensor Technology (ESNR), the current Retained Earnings is $-17.83 Mil as of Sep. 2009. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Electronic Sensor Technology Business Description

Address 1125-B Business Center Circle, Newbury Park, CA, USA, 91320
Electronic Sensor Technology Inc has developed and patented a breakthrough chemical vapor analysis process. This process applies gas chromatography calculations and technology toward a wide variety of industries, including Homeland Security, Life Sciences, Chemical and Petrochemical, Food & Beverage and Environmental.