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Maris Tech (Maris Tech) Retained Earnings : $-10.90 Mil (As of Dec. 2023)


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What is Maris Tech Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Maris Tech's retained earnings for the quarter that ended in Dec. 2023 was $-10.90 Mil.

Maris Tech's quarterly retained earnings declined from Dec. 2022 ($-8.19 Mil) to Jun. 2023 ($-10.46 Mil) and declined from Jun. 2023 ($-10.46 Mil) to Dec. 2023 ($-10.90 Mil).

Maris Tech's annual retained earnings declined from Dec. 2021 ($-4.50 Mil) to Dec. 2022 ($-8.19 Mil) and declined from Dec. 2022 ($-8.19 Mil) to Dec. 2023 ($-10.90 Mil).


Maris Tech Retained Earnings Historical Data

The historical data trend for Maris Tech'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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Maris Tech Retained Earnings Chart

Maris Tech Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
-3.04 -3.68 -4.50 -8.19 -10.90

Maris Tech Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Retained Earnings Get a 7-Day Free Trial Premium Member Only -4.50 -6.78 -8.19 -10.46 -10.90

Maris Tech 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.


Maris Tech  (NAS:MTEK) 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.


Maris Tech (Maris Tech) Business Description

Traded in Other Exchanges
N/A
Address
2 Yitzhak Modai Street, Rehovot, ISR, 7608804
Maris Tech Ltd is a provider of remote video, audio, telemetry acquisition, distribution and sharing solutions and products, using high-end digital video, audio and wireless communication technologies. It designs, develops, manufactures and commercially sells miniature intelligent video and audio surveillance and communication systems, which are offered as products and solutions for the professional as well as the civilian and home security markets.