EVSP (Environmental Service Professionals) Retained Earnings: $-33.72 Mil (As of Sep. 2009)


What is Environmental Service Professionals Retained Earnings?

Environmental Service Professionals EVSP Retained Earnings is $-33.72 Mil as of Sep. 2009.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Environmental Service Professionals's retained earnings for the quarter that ended in Sep. 2009 was $-33.72 Mil.

Environmental Service Professionals's quarterly retained earnings declined from Mar. 2009 ($-32.06 Mil) to Jun. 2009 ($-32.84 Mil) and declined from Jun. 2009 ($-32.84 Mil) to Sep. 2009 ($-33.72 Mil).

Environmental Service Professionals's annual retained earnings declined from Dec. 2006 ($-2.56 Mil) to Dec. 2007 ($-24.03 Mil) and declined from Dec. 2007 ($-24.03 Mil) to Dec. 2008 ($-31.24 Mil).

Environmental Service Professionals  (OTCPK:EVSP) 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.

Environmental Service Professionals Retained Earnings Historical Data

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The historical data trend for Environmental Service Professionals'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.

Environmental Service Professionals Retained Earnings Chart

Environmental Service Professionals Annual Data
Trend Jan98 Jan99 Jan00 Dec01 Dec02 Dec04 Dec05 Dec06 Dec07 Dec08
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.34 -2.65 -2.56 -24.03 -31.24

Environmental Service Professionals 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 -31.46 -31.24 -32.06 -32.84 -33.72

Environmental Service Professionals 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 $-33.72 Mil mean?
Environmental Service Professionals (EVSP) has a Retained Earnings of $-33.72 Mil as of Sep. 2009. Retained earnings is the amount of net income not issued to shareholders. View historical data on Environmental Service Professionals and its competitors.
Is Environmental Service Professionals' Retained Earnings too high?
Environmental Service Professionals' current Retained Earnings is $-33.72 Mil.
How does Environmental Service Professionals' Retained Earnings compare to PRZM and NNUP?
Environmental Service Professionals' Retained Earnings of $-33.72 Mil can be compared against companies in the Waste Management 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 Waste Management company?
A good Retained Earnings depends on the Waste Management 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 Environmental Service Professionals and its competitors. Environmental Service Professionals's current Retained Earnings is $-33.72 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Environmental Service Professionals stock overvalued right now?
Environmental Service Professionals (EVSP) has a current Retained Earnings of $-33.72 Mil. The current Retained Earnings is $-33.72 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 Environmental Service Professionals (EVSP), the current Retained Earnings is $-33.72 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.

Environmental Service Professionals Business Description

Address 810 N. Farrell Drive, Palm Springs, CA, USA, 92262
Environmental Service Professionals Inc is in the moisture inspection/indoor air quality industry. ESP owns and operates a comprehensive suite of businesses dealing with energy efficiency, environmental issues and resolving environmentally sensitive problems in both residential and commercial markets. ESP offers various inspection services that include energy/efficiency audits for home and commercial property, focused on indoor air quality inspections for toxins including mold, moisture intrusion, radon, lead, VOCís and other pollutants that have an acute and chronic negative impact on the indoor environment and occupant health.