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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Handy & Harman's retained earnings for the quarter that ended in Jun. 2017 was $-100.0 Mil.
Handy & Harman's quarterly retained earnings increased from Dec. 2016 ($-119.4 Mil) to Mar. 2017 ($-112.5 Mil) and increased from Mar. 2017 ($-112.5 Mil) to Jun. 2017 ($-100.0 Mil).
Handy & Harman's annual retained earnings increased from Dec. 2014 ($-214.8 Mil) to Dec. 2015 ($-108.4 Mil) but then declined from Dec. 2015 ($-108.4 Mil) to Dec. 2016 ($-119.4 Mil).
The historical data trend for Handy & Harman'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.
Handy & Harman Annual Data | |||||||||||||||||||||
Trend | Dec07 | Dec08 | Dec09 | Dec10 | Dec11 | Dec12 | Dec13 | Dec14 | Dec15 | Dec16 | |||||||||||
Retained Earnings | Get a 7-Day Free Trial | -282.01 | -239.98 | -214.81 | -108.44 | -119.39 |
Handy & Harman Quarterly Data | ||||||||||||||||||||
Sep12 | Dec12 | Mar13 | Jun13 | Sep13 | Dec13 | Mar14 | Jun14 | Sep14 | Dec14 | Mar15 | Jun15 | Sep15 | Dec15 | Mar16 | Jun16 | Sep16 | Dec16 | Mar17 | Jun17 | |
Retained Earnings | Get a 7-Day Free Trial | -108.72 | -100.69 | -119.39 | -112.52 | -100.01 |
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.
Handy & Harman (NAS:HNH) 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.
Robert Frankfurt | director | 1133 WESTCHESTER AVENUE, SUITE N222, WHITE PLAINS NY 10804 |
Warren G Lichtenstein | director, other: See Explanation of Responses | C/O STEEL PARTNERS II L P, 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022 |
Jack L Howard | director, other: See Explanation of Responses | 182 FARMERS LANE, STE 101, SANTA ROSA CA 95405 |
Douglas Woodworth | officer: Senior Vice President and CFO | STEEL PARTNERS HOLDINGS L.P., 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022 |
Fejes William Theodore Jr | officer: Senior Vice President | 440 NORTH FIFTH AVENUE, CHAMBERSBURG PA 17201 |
Mccabe James F Jr | officer: Senior Vice President and CFO, other: See Explanation of Responses | C/O WHX CORPORATION, 555 THEODORE FREMD AVENUE, RYE NY 10580 |
Steel Partners Holdings L.p. | 10 percent owner | 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022 |
Sph Group Holdings Llc | 10 percent owner | C/O STEEL PARTNERS HOLDINGS L.P., 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022 |
Sph Group Llc | 10 percent owner | C/O STEEL PARTNERS HOLDINGS L.P., 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022 |
Steel Partners Holdings Gp Inc. | 10 percent owner | 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022 |
Leonard J Mcgill | officer: Senior VP, Chief Legal Officer, other: See Explanation of Responses | 3125 MYERS STREET, RIVERSIDE CA 92503 |
Glen M Kassan | director, other: See Explanation of Responses | C/O STEEL PARTNERS, 590 MADISON AVE, NEW YORK NY 10022 |
Mitchell I Quain | director | 53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870 |
Steel Partners Llc | 10 percent owner | 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022 |
Steel Partners Ii Lp | 10 percent owner | 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022 |
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