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Houston Wire & Cable Co (Houston Wire & Cable Co) Retained Earnings : $96.2 Mil (As of Mar. 2021)


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What is Houston Wire & Cable Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Houston Wire & Cable Co's retained earnings for the quarter that ended in Mar. 2021 was $96.2 Mil.

Houston Wire & Cable Co's quarterly retained earnings declined from Sep. 2020 ($106.3 Mil) to Dec. 2020 ($96.1 Mil) but then increased from Dec. 2020 ($96.1 Mil) to Mar. 2021 ($96.2 Mil).

Houston Wire & Cable Co's annual retained earnings increased from Dec. 2018 ($106.0 Mil) to Dec. 2019 ($108.6 Mil) but then declined from Dec. 2019 ($108.6 Mil) to Dec. 2020 ($96.1 Mil).


Houston Wire & Cable Co Retained Earnings Historical Data

The historical data trend for Houston Wire & Cable Co'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.

Houston Wire & Cable Co Retained Earnings Chart

Houston Wire & Cable Co Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 97.55 97.34 105.98 108.63 96.08

Houston Wire & Cable Co Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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 109.17 107.01 106.27 96.08 96.24

Houston Wire & Cable Co 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.


Houston Wire & Cable Co  (NAS:HWCC) 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.


Houston Wire & Cable Co (Houston Wire & Cable Co) Business Description

Traded in Other Exchanges
N/A
Address
10201 North Loop East, Houston, TX, USA, 77029
Houston Wire & Cable Co is a distributor of electrical and mechanical wire and cable in the U.S. industrial market. The company offers products in most categories of wire and cable, including continuous and interlocked armor cable; electronic wire and cable; flexible and portable cord; instrumentation and thermocouple cable; primary and secondary aluminum distribution cable, hardware and corrosion-resistant products including inch and metric bolts, screws, nuts, washers, rivets, and hose clamps. It has three target markets: utility market, industrial market, and infrastructure market.
Executives
Roy W Haley director COMMERCE COURT FOUR STATION SQUARE, SUITE 700, PITTSBURGH PA 15219
G Gary Yetman director P.O. BOX 2139 EDWARDS CO 81632
William H Sheffield director 401 QUEENS QUAY WEST SUITE 104 TORONTO A6 M5V 2Y2
Eric Wayne Davis officer: INTERIM CFO & CAO 10201 NORTH LOOP EAST HOUSTON TX 77029
Jerry Michael Zurovchak officer: SENIOR VP & COO 10201 NORTH LOOP EAST HOUSTON TX 77029
Christopher M. Micklas officer: VP & CFO ONE MEMORIAL CITY PLAZA, 800 GESSNER ROAD, SUITE 875, HOUSTON TX 77024
Pokluda James L Iii director 10201 N. LOOP EAST HOUSTON TX 77029
Sandford W. Rothe director 1 GOOSEBERRY LANE CHERRY HILLS VILLAGE CO 80113
David Nierenberg director, 10 percent owner 19605 NE 8TH STREET, CAMAS WA 98607
Nierenberg Investment Management Co 10 percent owner 19605 NE 8TH ST, CAMAS WA 98607
Margaret Laird director 1283 BLACKBIRD COURT BOULDER CO 80303
Robert L Reymond director 10721 W. 118TH TERRACE OVERLAND PARK KS 66210
Michael T Campbell director HOUSTON WIRE & CABLE COMPANY, 10201 NORTH LOOP EAST, HOUSTON TX 77029
Mark A Ruelle director C/O EVERGY, INC., 1200 MAIN STREET, KANSAS CITY MO 64105
Nicol G Graham officer: VP, CFO, TREASURER & SECRETARY 10201 NORTH LOOP EAST HOUSTON TX 77029

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