Hurco (HURC) Retained Earnings : $177.4 Mil (As of Jan. 2024)

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What is Hurco Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Hurco's retained earnings for the quarter that ended in Jan. 2024 was $177.4 Mil.

Hurco's quarterly retained earnings increased from Jul. 2023 ($178.8 Mil) to Oct. 2023 ($180.1 Mil) but then declined from Oct. 2023 ($180.1 Mil) to Jan. 2024 ($177.4 Mil).

Hurco's annual retained earnings increased from Oct. 2021 ($175.6 Mil) to Oct. 2022 ($179.9 Mil) and increased from Oct. 2022 ($179.9 Mil) to Oct. 2023 ($180.1 Mil).

Hurco Retained Earnings Historical Data

The historical data trend for Hurco'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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Hurco Retained Earnings Chart

Hurco Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Retained Earnings

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182.15

172.48

175.57

179.88

180.12

Hurco Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Retained Earnings	Get a 7-Day Free Trial															180.21	179.55	178.75	180.12	177.44

Hurco 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.

Hurco (NAS:HURC) 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.

Hurco (HURC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hurco Companies Inc (NAS:HURC) » Definitions » Retained Earnings

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HC2:Germany

Address

One Technology Way, Indianapolis, IN, USA, 46268

Website

https://www.hurco.com

Hurco Companies Inc is a United States-based industrial technology company. It designs, manufactures, and sells computerized machine tools, consisting mainly of vertical machining centers and turning centers, to companies in the metal working industry through sales, service and distribution network. The company concentrated on designing user-friendly computer control systems that can be operated by both skilled and unskilled machine tool operators. It generates maximum revenue from the Computerized Machine Tools product. Geographically, It derives a majority of revenue from the United States of America. Its product categories include 5-Axis VMC; 3-Axis VMC; Horizontal MC and Turning Centers.

Executives

Michael Doar	director, officer: Chairman & CEO	ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268
Jonathon D. Wright	officer: General Counsel/Corp Secretary	ONE TECHNOLOGY WAY, C/O HURCO COMPANIES, INC>, INDIANAPOLIS IN 46268
Richard R. Porter	director	ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268
Haiquynh Jamison	officer: Corporate Controller	ONE TECHNOLOGY WAY, C/O HURCO COMPANIES, INC., INDIANAPOLIS IN 46268
Gregory S Volovic	officer: EVP-Technology and Operations	ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268
Sonja K Mcclelland	officer: Chief Financial Officer	ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268
Polar Asset Management Partners Inc.	10 percent owner	16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6
Thomas A. Aaro	director	C/O HURCO COMPANIES, INC., ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268
Timothy J Gardner	director	3600 WEST LAKE AVENUE, GLENVIEW IL 60026
Robert W Cruickshank	director
Cynthia S Dubin	director	1200 E. MARKET STREET, SUITE 650, AKRON OH 44305
Janaki Sivanesan	director	575 MADISON AVENUE, NEW YORK NY 10022
Jay C. Longbottom	director	C/O HURCO COMPANIES, INC., ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268
Andrew Sheeley Niner	director	ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268
Ronald G. Strackbein	director	ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268