GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Proliance International Inc (OTCPK:PLNTQ) » Definitions » Retained Earnings

Proliance International (Proliance International) Retained Earnings : $-64.2 Mil (As of Mar. 2009)


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

What is Proliance International Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Proliance International's retained earnings for the quarter that ended in Mar. 2009 was $-64.2 Mil.

Proliance International's quarterly retained earnings increased from Sep. 2008 ($-52.4 Mil) to Dec. 2008 ($-52.3 Mil) but then declined from Dec. 2008 ($-52.3 Mil) to Mar. 2009 ($-64.2 Mil).

Proliance International's annual retained earnings declined from Dec. 2006 ($-30.0 Mil) to Dec. 2007 ($-48.0 Mil) and declined from Dec. 2007 ($-48.0 Mil) to Dec. 2008 ($-52.3 Mil).


Proliance International Retained Earnings Historical Data

The historical data trend for Proliance International'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.

Proliance International Retained Earnings Chart

Proliance International Annual Data
Trend Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.85 -11.85 -29.97 -48.04 -52.27

Proliance International Quarterly Data
Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09
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 -54.26 -53.78 -52.41 -52.27 -64.23

Proliance International 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.


Proliance International  (OTCPK:PLNTQ) 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.


Proliance International (Proliance International) Business Description

Traded in Other Exchanges
N/A
Address
100 Gando Drive, New Haven, CT, USA, 06513
Proliance International Inc designs, manufactures and markets heat exchange products and temperature control parts for the automotive and light truck aftermarket.
Executives
Arlen F Henock officer: Exec VP and CFO
Paul R Lederer director 233 S PATTERSON, SPRINGFIELD MO 65802
Abraham William J Jr director FOLEY & LARDNER, 777 EAST WISCONSIN AVENUE, MILWAUKEE WI 63202
Vincent L Martin director
James R Rulseh director 5001 N SECOND STREET, ROCKFORD IL 61111
Bradley C Richardson director
Sharon M Oster director C/O WELLTOWER INC., 4500 DORR STREET, TOLEDO OH 43615
Michael T Yonker director 5001 NORTH SECOND STREET, ROCKFORD IL 61111
Philip W Colburn director 11611 SAN VICENTE BLVD, SUITE 505, LOS ANGELES CA 90049

Proliance International (Proliance International) Headlines

No Headlines