GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Artio Global Investors, Inc. (FRA:A1I) » Definitions » Retained Earnings

Artio Global Investors, (FRA:A1I) Retained Earnings : €-410.93 Mil (As of Mar. 2013)


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

What is Artio Global Investors, Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Artio Global Investors,'s retained earnings for the quarter that ended in Mar. 2013 was €-410.93 Mil.

Artio Global Investors,'s quarterly retained earnings increased from Sep. 2012 (€-402.70 Mil) to Dec. 2012 (€-397.42 Mil) but then declined from Dec. 2012 (€-397.42 Mil) to Mar. 2013 (€-410.93 Mil).

Artio Global Investors,'s annual retained earnings increased from Dec. 2010 (€-385.28 Mil) to Dec. 2011 (€-354.75 Mil) but then declined from Dec. 2011 (€-354.75 Mil) to Dec. 2012 (€-397.42 Mil).


Artio Global Investors, Retained Earnings Historical Data

The historical data trend for Artio Global Investors,'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.

Artio Global Investors, Retained Earnings Chart

Artio Global Investors, Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Retained Earnings
Get a 7-Day Free Trial 11.02 -398.07 -385.28 -354.75 -397.42

Artio Global Investors, Quarterly Data
Dec08 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13
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 -352.68 -371.11 -402.70 -397.42 -410.93

Artio Global Investors, 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.


Artio Global Investors,  (FRA:A1I) 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.


Artio Global Investors, (FRA:A1I) Business Description

Traded in Other Exchanges
N/A
Address
Website
Artio Global Investors Inc. was incorporated in Delaware. The Company is an asset management Company that provides investment management services to institutional and mutual fund clients. In addition to International Equity, it offers a select group of other equity and fixed income strategies, including Global Equity, a series of U.S. Equity strategies, High Grade Fixed Income, High Yield and Local Emerging Markets Debt. Currently, it manage and advise the following investment vehicles through which clients can access its investment capabilities: proprietary funds; commingled institutional investment vehicles; institutional separate accounts; sub-advisory accounts; and a hedge fund. Its operations and clients are based principally in the U.S.; however, a substantial portion of its AuM is invested outside of the U.S. Its revenues are mainly billed in U.S. dollars, driven by investment management fees earned from managing clients' assets, and are calculated on the U.S. dollar value of the investment assets it manage for clients. Its distribution efforts target institutions and organizations that demonstrate institutional buying behavior and longer-term investment horizons, such as pension fund consultants, broker dealers, registered investment advisors ('RIAs'), mutual fund platforms and sub-advisory relationships, enabling it to achieve significant leverage from its focused sales force and client service infrastructure. It also manage assets for more than 700,000 retail mutual fund shareholders through SEC-registered funds and other retail investors through 10 funds that it sub-advise for others. It competes in all aspects of its business with other investment management companies. The Company's business is subject to extensive regulation in the U.S. at both the federal and state level, as well as by self-regulatory organizations and outside the U.S.

Artio Global Investors, (FRA:A1I) Headlines

No Headlines