Imperial Resources (Imperial Resources) Retained Earnings : $-2.17 Mil (As of Dec. 2012)

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What is Imperial Resources Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Imperial Resources's retained earnings for the quarter that ended in Dec. 2012 was $-2.17 Mil.

Imperial Resources's quarterly retained earnings declined from Jun. 2012 ($-1.85 Mil) to Sep. 2012 ($-1.98 Mil) and declined from Sep. 2012 ($-1.98 Mil) to Dec. 2012 ($-2.17 Mil).

Imperial Resources's annual retained earnings declined from Mar. 2010 ($-0.12 Mil) to Mar. 2011 ($-1.17 Mil) and declined from Mar. 2011 ($-1.17 Mil) to Mar. 2012 ($-1.79 Mil).

Imperial Resources Retained Earnings Historical Data

The historical data trend for Imperial Resources'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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Imperial Resources Retained Earnings Chart

Imperial Resources Annual Data

Trend

Mar09

Mar10

Mar11

Mar12

Retained Earnings

-0.10

-0.12

-1.17

-1.79

Imperial Resources Quarterly Data
	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12
Retained Earnings	Get a 7-Day Free Trial														-1.80	-1.79	-1.85	-1.98	-2.17

Imperial Resources 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.

Imperial Resources (OTCPK:IPRC) 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.

Imperial Resources (Imperial Resources) Business Description

Industry

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Traded in Other Exchanges

N/A

Address

106 East 6th Street, Suite 900, Austin, TX, USA, 78701

Website

http://www.imperialresourcesinc.com

Imperial Resources Inc has decided to focus its core activities on development and exploration of oil and gas assets in the United States through its wholly-owned subsidiary. It is an exploration stage company. It explores for asphalt, gold, and other precious metals.

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