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Mansfelder Metals (Mansfelder Metals) Retained Earnings : $-16.4 Mil (As of Sep. 2007)


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What is Mansfelder Metals Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Mansfelder Metals's retained earnings for the quarter that ended in Sep. 2007 was $-16.4 Mil.

Mansfelder Metals's quarterly retained earnings declined from Mar. 2007 ($-16.3 Mil) to Jun. 2007 ($-16.4 Mil) and declined from Jun. 2007 ($-16.4 Mil) to Sep. 2007 ($-16.4 Mil).

Mansfelder Metals's annual retained earnings declined from Jul. 2004 ($-12.5 Mil) to Jul. 2005 ($-13.3 Mil) and declined from Jul. 2005 ($-13.3 Mil) to Dec. 2006 ($-16.6 Mil).


Mansfelder Metals Retained Earnings Historical Data

The historical data trend for Mansfelder Metals'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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Mansfelder Metals Retained Earnings Chart

Mansfelder Metals Annual Data
Trend Jul97 Jul98 Jul99 Jul00 Jul01 Jul02 Jul03 Jul04 Jul05 Dec06
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.66 -9.99 -12.54 -13.28 -16.61

Mansfelder Metals Quarterly Data
Oct02 Jan03 Apr03 Jul03 Oct03 Jan04 Apr04 Jul04 Oct04 Jan05 Apr05 Jul05 Oct05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07
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 -14.76 -16.61 -16.33 -16.43 -16.43

Mansfelder Metals 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.


Mansfelder Metals  (OTCPK:MNSF) 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.


Mansfelder Metals (Mansfelder Metals) Business Description

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Traded in Other Exchanges
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Address
Unit 803, Dina House, Ruttonjee Centre 11 Duddell Street, Central, HKG, 200070
Website
Mansfelder Metals Ltd is engaged in manufacturing and trading of aluminum products.
Executives
Miller Lloyd I Iii 10 percent owner
Stefan Feuerstein officer: Chief Operating Officer BERLIN CHARLOTTEN STR 59, GERMANY D-1017 2M 00000
Mfc Bancorp Ltd 10 percent owner ROOM 2103 SHANGHAI MART TOWER, 2299 YAN AN ROAD WEST, CHANGNING DISTRICT, SHANGHAI F4 200336
Gavin James R Iii director BAXTER INTERNATIONAL INC, ONE BAXTER PARKWAY, DEERFIELD IL 60015

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