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PrimeCare Systems (PrimeCare Systems) Retained Earnings : $-10.14 Mil (As of Mar. 2011)


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What is PrimeCare Systems Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. PrimeCare Systems's retained earnings for the quarter that ended in Mar. 2011 was $-10.14 Mil.

PrimeCare Systems's quarterly retained earnings declined from Sep. 2010 ($-10.09 Mil) to Dec. 2010 ($-10.20 Mil) but then increased from Dec. 2010 ($-10.20 Mil) to Mar. 2011 ($-10.14 Mil).

PrimeCare Systems's annual retained earnings declined from Jun. 2008 ($-9.25 Mil) to Jun. 2009 ($-9.64 Mil) and declined from Jun. 2009 ($-9.64 Mil) to Jun. 2010 ($-9.98 Mil).


PrimeCare Systems Retained Earnings Historical Data

The historical data trend for PrimeCare Systems'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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PrimeCare Systems Retained Earnings Chart

PrimeCare Systems Annual Data
Trend Jun06 Jun07 Jun08 Jun09 Jun10
Retained Earnings
-7.90 -8.21 -9.25 -9.64 -9.98

PrimeCare Systems Quarterly Data
Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11
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 -9.90 -9.98 -10.09 -10.20 -10.14

PrimeCare Systems 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.


PrimeCare Systems  (OTCPK:PCYS) 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.


PrimeCare Systems (PrimeCare Systems) Business Description

Traded in Other Exchanges
N/A
Address
610 Thimble Shoals Boulevard, Suite 402 A, Newport News, VA, USA, 23606
PrimeCare Systems Inc develops and markets software and diagnostic products for the healthcare industry.

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