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Jupiter Marine International Holdings (Jupiter Marine International Holdings) Retained Earnings : $-2.62 Mil (As of Oct. 2007)


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What is Jupiter Marine International Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Jupiter Marine International Holdings's retained earnings for the quarter that ended in Oct. 2007 was $-2.62 Mil.

Jupiter Marine International Holdings's quarterly retained earnings declined from Apr. 2007 ($-1.84 Mil) to Jul. 2007 ($-2.70 Mil) but then increased from Jul. 2007 ($-2.70 Mil) to Oct. 2007 ($-2.62 Mil).

Jupiter Marine International Holdings's annual retained earnings increased from Jul. 2005 ($-1.57 Mil) to Jul. 2006 ($-1.33 Mil) but then declined from Jul. 2006 ($-1.33 Mil) to Jul. 2007 ($-2.70 Mil).


Jupiter Marine International Holdings Retained Earnings Historical Data

The historical data trend for Jupiter Marine International 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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Jupiter Marine International Holdings Retained Earnings Chart

Jupiter Marine International Holdings Annual Data
Trend Jul01 Jul03 Jul04 Jul05 Jul06 Jul07
Retained Earnings
Get a 7-Day Free Trial -2.29 -1.96 -1.57 -1.33 -2.70

Jupiter Marine International Holdings Quarterly Data
Oct01 Oct03 Jan04 Apr04 Jul04 Oct04 Jan05 Apr05 Jul05 Oct05 Jan06 Apr06 Jul06 Oct06 Jan07 Apr07 Jul07 Oct07
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 -1.32 -1.42 -1.84 -2.70 -2.62

Jupiter Marine International 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.


Jupiter Marine International Holdings  (OTCPK:JMIH) 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.


Jupiter Marine International Holdings (Jupiter Marine International Holdings) Business Description

Traded in Other Exchanges
N/A
Address
1103 12th Avenue East, Palmetto, FL, USA, 34221
Jupiter Marine International Holdings Inc designs, manufactures and markets sport fishing boats like 29 Forward Seating Center Console, 31 Open Center Console, 31 Cuddy Cabin and 31 Forward Seating Center Console. Geographically the business activities are carried out through Palmetto, Florida.

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