LEAI (Legacy Education Alliance) Retained Earnings: $-41.43 Mil (As of Mar. 2024)


What is Legacy Education Alliance Retained Earnings?

Legacy Education Alliance LEAI +20.00% Retained Earnings is $-41.43 Mil as of Mar. 2024.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Legacy Education Alliance's retained earnings for the quarter that ended in Mar. 2024 was $-41.43 Mil.

Legacy Education Alliance's quarterly retained earnings declined from Sep. 2023 ($-39.99 Mil) to Dec. 2023 ($-40.65 Mil) and declined from Dec. 2023 ($-40.65 Mil) to Mar. 2024 ($-41.43 Mil).

Legacy Education Alliance's annual retained earnings declined from Dec. 2021 ($-36.18 Mil) to Dec. 2022 ($-37.70 Mil) and declined from Dec. 2022 ($-37.70 Mil) to Dec. 2023 ($-40.65 Mil).

Legacy Education Alliance  (OTCPK:LEAI) 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.

Legacy Education Alliance Retained Earnings Historical Data

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The historical data trend for Legacy Education Alliance'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.

Legacy Education Alliance Retained Earnings Chart

Legacy Education Alliance Annual Data
Trend Sep14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -51.63 -35.62 -36.18 -37.70 -40.65

Legacy Education Alliance Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 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 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 -38.57 -39.24 -39.99 -40.65 -41.43

Legacy Education Alliance 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.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of $-41.43 Mil mean?
Legacy Education Alliance (LEAI) has a Retained Earnings of $-41.43 Mil as of Mar. 2024. Retained earnings is the amount of net income not issued to shareholders. View historical data on Legacy Education Alliance and its competitors.
Is Legacy Education Alliance's Retained Earnings too high?
Legacy Education Alliance's current Retained Earnings is $-41.43 Mil.
How does Legacy Education Alliance's Retained Earnings compare to TAL and EDU?
Legacy Education Alliance's Retained Earnings of $-41.43 Mil can be compared against companies in the Education industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for an Education company?
A good Retained Earnings depends on the Education industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Legacy Education Alliance and its competitors. Legacy Education Alliance's current Retained Earnings is $-41.43 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Legacy Education Alliance stock overvalued right now?
Legacy Education Alliance (LEAI) has a current Retained Earnings of $-41.43 Mil. The current Retained Earnings is $-41.43 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Legacy Education Alliance (LEAI), the current Retained Earnings is $-41.43 Mil as of Mar. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Legacy Education Alliance Business Description

Address 120 N. Main Street, New City, NY, USA, 10956
Legacy Education Alliance Inc is engaged in the provision of educational training seminars, conferences, and services. It offers comprehensive instruction and mentorship in the areas of personal finance, entrepreneurship, real estate investing strategies, and techniques. Some of its brands are Homemade Investor, and Building Wealth with Legacy. Its geographical segments are North America, the United Kingdom, and Other foreign markets, of which the majority of its revenue comes from North America.