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Integrated Drilling Equipment Holdings (Integrated Drilling Equipment Holdings) Retained Earnings : $-36.45 Mil (As of Dec. 2014)


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What is Integrated Drilling Equipment Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Integrated Drilling Equipment Holdings's retained earnings for the quarter that ended in Dec. 2014 was $-36.45 Mil.

Integrated Drilling Equipment Holdings's quarterly retained earnings declined from Jun. 2014 ($-37.25 Mil) to Sep. 2014 ($-38.11 Mil) but then increased from Sep. 2014 ($-38.11 Mil) to Dec. 2014 ($-36.45 Mil).

Integrated Drilling Equipment Holdings's annual retained earnings declined from Dec. 2012 ($-28.44 Mil) to Dec. 2013 ($-35.59 Mil) and declined from Dec. 2013 ($-35.59 Mil) to Dec. 2014 ($-36.45 Mil).


Integrated Drilling Equipment Holdings Retained Earnings Historical Data

The historical data trend for Integrated Drilling Equipment 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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Integrated Drilling Equipment Holdings Retained Earnings Chart

Integrated Drilling Equipment Holdings Annual Data
Trend Dec11 Dec12 Dec13 Dec14
Retained Earnings
-5.95 -28.44 -35.59 -36.45

Integrated Drilling Equipment Holdings Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14
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 -35.59 -34.65 -37.25 -38.11 -36.45

Integrated Drilling Equipment 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.


Integrated Drilling Equipment Holdings  (OTCPK:IRIG) 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.


Integrated Drilling Equipment Holdings (Integrated Drilling Equipment Holdings) Business Description

Traded in Other Exchanges
N/A
Address
25311 I-45 North, Woodpark Business Center, Spring, TX, USA, 77380
Integrated Drilling Equipment Holdings Corp provides products and services to customers in the oil and gas industry both domestically and internationally. It operates in two segments: Electrical Products & Services and Drilling Products & Services.

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