Myrexis (FRA:R9M) Retained Earnings : €-97.40 Mil (As of Jun. 2013)

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What is Myrexis Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Myrexis's retained earnings for the quarter that ended in Jun. 2013 was €-97.40 Mil.

Myrexis's quarterly retained earnings declined from Dec. 2012 (€-95.33 Mil) to Mar. 2013 (€-99.08 Mil) but then increased from Mar. 2013 (€-99.08 Mil) to Jun. 2013 (€-97.40 Mil).

Myrexis's annual retained earnings declined from Jun. 2011 (€-59.45 Mil) to Jun. 2012 (€-93.14 Mil) and declined from Jun. 2012 (€-93.14 Mil) to Jun. 2013 (€-97.40 Mil).

Myrexis Retained Earnings Historical Data

The historical data trend for Myrexis'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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Myrexis Retained Earnings Chart

Myrexis Annual Data

Trend

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Retained Earnings

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-38.41

-59.45

-93.14

-97.40

Myrexis Quarterly Data
	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13
Retained Earnings	Get a 7-Day Free Trial															-93.14	-93.34	-95.33	-99.08	-97.40

Myrexis 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.

Myrexis (FRA:R9M) 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.

Myrexis (FRA:R9M) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Myrexis Inc (FRA:R9M) » Definitions » Retained Earnings

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Address

630 Fifth Avenue, Suite 2260, New York, NY, USA, 10020

Website

http://www.myrexis.com

Myrexis Inc is engaged in evaluating strategic alternatives, such as identifying, evaluating and making financial investments in life sciences assets.

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