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Inno Holdings (Inno Holdings) Retained Earnings : $-6.39 Mil (As of Mar. 2024)


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What is Inno Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Inno Holdings's retained earnings for the quarter that ended in Mar. 2024 was $-6.39 Mil.

Inno Holdings's quarterly retained earnings declined from Sep. 2023 ($-4.53 Mil) to Dec. 2023 ($-5.33 Mil) and declined from Dec. 2023 ($-5.33 Mil) to Mar. 2024 ($-6.39 Mil).

Inno Holdings's annual retained earnings declined from Sep. 2021 ($0.38 Mil) to Sep. 2022 ($-0.63 Mil) and declined from Sep. 2022 ($-0.63 Mil) to Sep. 2023 ($-4.53 Mil).

Inno Holdings Retained Earnings Historical Data

The historical data trend for Inno Holdings'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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Inno Holdings Retained Earnings Chart

Inno Holdings Annual Data
Trend Sep21 Sep22 Sep23
Retained Earnings
0.38 -0.63 -4.53

Inno Holdings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -2.03 -3.49 -4.53 -5.33 -6.39

Inno Holdings 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.

Inno Holdings  (NAS:INHD) 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.

Inno Holdings (Inno Holdings) Business Description

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Address
2465 Farm Market 359 South, Brookshire, TX, USA, 77423
Website
https://www.innometalstuds.com
Inno Holdings Inc is a building technology company with a mission to transform the construction industry with its proprietary cold-formed steel-framing technology and other innovations. It is a manufacturer of cold-formed-steel members and prefabricated homes. It offers a full range of services required to transform raw materials into precise steel framing products and prefabricated homes. The company sells these finished products either to businesses or directly to customers. The finished products and cold-formed-steel members are used in a variety of building types, including residential, commercial, industrial and infrastructure.