OTG (Otg Exp) Retained Earnings: $-192.39 Mil (As of Dec. 2014)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Otg Exp Retained Earnings?

Otg Exp OTG Retained Earnings is $-192.39 Mil as of Dec. 2014.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Otg Exp's retained earnings for the quarter that ended in Dec. 2014 was $-192.39 Mil.

Otg Exp's quarterly retained earnings increased from . 20 ($0.00 Mil) to Dec. 2013 ($-146.38 Mil) but then declined from Dec. 2013 ($-146.38 Mil) to Dec. 2014 ($-192.39 Mil).

Otg Exp's annual retained earnings increased from . 20 ($0.00 Mil) to Dec. 2013 ($-146.38 Mil) but then declined from Dec. 2013 ($-146.38 Mil) to Dec. 2014 ($-192.39 Mil).

Otg Exp  (NAS:OTG) 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.

Otg Exp Retained Earnings Historical Data

* Premium members only.

The historical data trend for Otg Exp'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.

Otg Exp Retained Earnings Chart

Otg Exp Annual Data
Trend Dec13 Dec14
Retained Earnings
-146.38 -192.39

Otg Exp Semi-Annual Data
Dec13 Dec14
Retained Earnings -146.38 -192.39

Otg Exp 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 $-192.39 Mil mean?
Otg Exp (OTG) has a Retained Earnings of $-192.39 Mil as of Dec. 2014. Retained earnings is the amount of net income not issued to shareholders. View historical data on Otg Exp and its competitors.
Is Otg Exp's Retained Earnings too high?
Otg Exp's current Retained Earnings is $-192.39 Mil.
How does Otg Exp's Retained Earnings compare to IRGTQ and CDIF?
Otg Exp's Retained Earnings of $-192.39 Mil can be compared against companies in the Restaurants 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 a Restaurants company?
A good Retained Earnings depends on the Restaurants 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 Otg Exp and its competitors. Otg Exp's current Retained Earnings is $-192.39 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Otg Exp stock overvalued right now?
Otg Exp (OTG) has a current Retained Earnings of $-192.39 Mil. The current Retained Earnings is $-192.39 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 Otg Exp (OTG), the current Retained Earnings is $-192.39 Mil as of Dec. 2014. 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.

Otg Exp Business Description

Otg Exp Inc was incorporated on October 27, 2015 in Delaware. It is a travel restaurateur with operations in North America with more than 220 locations in 23 terminals across 10 airports. The Company designs, develops, operates and manages the terminal concessions programs, which refers to the programs where it either operates all of the F&B concessions or F&B and N&G concessions or have management authority over the concession program or terminal. The Company operates in the United States and Canada. It has relationships with manufacturers that deliver products directly to its concession locations. OTG's customers are comprised of two distinct groups. The first group includes airlines, such as United, Delta and JetBlue, airport operators and concession program managers. The other commercial enterprises include car rental companies, hotel chains and online shopping sites. The second group consists of the airport users, which include passengers, airline and airport employees. It competes with concession program companies, such as HMSHost Corporation, SSP Group and Hudson Group, as well as other regional and local concessionaires. The Company is subject to federal, state and local government regulations, including those relating to, among others, public health and safety, zoning and fire codes. Failure to obtain or retain food service, health permit or other licenses and approvals would adversely affect its operations.