GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Microwave Filter Co Inc (OTCPK:MFCO) » Definitions » Retained Earnings

Microwave Filter Co (Microwave Filter Co) Retained Earnings : $-0.78 Mil (As of Jun. 2019)


View and export this data going back to . Start your Free Trial

What is Microwave Filter Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Microwave Filter Co's retained earnings for the quarter that ended in Jun. 2019 was $-0.78 Mil.

Microwave Filter Co's quarterly retained earnings increased from Dec. 2018 ($-0.86 Mil) to Mar. 2019 ($-0.77 Mil) but then declined from Mar. 2019 ($-0.77 Mil) to Jun. 2019 ($-0.78 Mil).

Microwave Filter Co's annual retained earnings declined from Sep. 2016 ($-0.52 Mil) to Sep. 2017 ($-0.78 Mil) and declined from Sep. 2017 ($-0.78 Mil) to Sep. 2018 ($-0.80 Mil).


Microwave Filter Co Retained Earnings Historical Data

The historical data trend for Microwave Filter Co'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.

* Premium members only.

Microwave Filter Co Retained Earnings Chart

Microwave Filter Co Annual Data
Trend Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.28 -0.48 -0.52 -0.78 -0.80

Microwave Filter Co Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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 -0.92 -0.80 -0.86 -0.77 -0.78

Microwave Filter Co 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.


Microwave Filter Co  (OTCPK:MFCO) 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.


Microwave Filter Co (Microwave Filter Co) Business Description

Traded in Other Exchanges
N/A
Address
6743 Kinne Street, East Syracuse, Syracuse, NY, USA, 13057
Microwave Filter Co Inc operates in the United States and principally in one Industry. The Company extends credit to business customers, including original equipment manufacturers (OEMs), distributors and other end users, based upon ongoing credit evaluations. MFC designs, develops, manufactures and sells electronic filters, both for radio and microwave frequencies, to help process signal distribution and to prevent unwanted signals from disrupting transmit or receive operations. Markets served include 5G, cable television, television and radio broadcast, satellite broadcast, mobile radio and commercial and defense electronics.
Executives
Hummingbird Value Fund Lp other: See explanation of responses 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Hummingbird Management Llc other: See explanation of responses 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Paul D Sonkin other: See explanation of responses 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Hummingbird Capital Llc other: See explanation of responses 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Tarsier Nanocap Value Fund, Lp other: See explanation of responses C/O HUMMINGBIRD MANAGEMENT, LLC, 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Christopher N Argyrople 10 percent owner 50 MILK STREET, 21ST FLOOR, BOSTON MA 02109

Microwave Filter Co (Microwave Filter Co) Headlines

No Headlines