PREM (Premier Air Charter Holdings) Retained Earnings: $-17.63 Mil (As of Dec. 2024)


What is Premier Air Charter Holdings Retained Earnings?

Premier Air Charter Holdings PREM Retained Earnings is $-17.63 Mil as of Dec. 2024.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Premier Air Charter Holdings's retained earnings for the quarter that ended in Dec. 2024 was $-17.63 Mil.

Premier Air Charter Holdings's quarterly retained earnings declined from Jun. 2024 ($-17.56 Mil) to Sep. 2024 ($-17.60 Mil) and declined from Sep. 2024 ($-17.60 Mil) to Dec. 2024 ($-17.63 Mil).

Premier Air Charter Holdings's annual retained earnings declined from Mar. 2021 ($-12.90 Mil) to Mar. 2022 ($-15.37 Mil) and declined from Mar. 2022 ($-15.37 Mil) to Mar. 2023 ($-17.12 Mil).

Premier Air Charter Holdings  (OTCPK:PREM) 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.

Premier Air Charter Holdings Retained Earnings Historical Data

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The historical data trend for Premier Air Charter Holdings'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.

Premier Air Charter Holdings Retained Earnings Chart

Premier Air Charter Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.90 -0.90 -12.90 -15.37 -17.12

Premier Air Charter Holdings Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.00 -17.52 -17.56 -17.60 -17.63

Premier Air Charter Holdings 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 $-17.63 Mil mean?
Premier Air Charter Holdings (PREM) has a Retained Earnings of $-17.63 Mil as of Dec. 2024. Retained earnings is the amount of net income not issued to shareholders. View historical data on Premier Air Charter Holdings and its competitors.
Is Premier Air Charter Holdings' Retained Earnings too high?
Premier Air Charter Holdings' current Retained Earnings is $-17.63 Mil.
How does Premier Air Charter Holdings' Retained Earnings compare to CISS and TLSS?
Premier Air Charter Holdings' Retained Earnings of $-17.63 Mil can be compared against companies in the Transportation 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 Transportation company?
A good Retained Earnings depends on the Transportation 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 Premier Air Charter Holdings and its competitors. Premier Air Charter Holdings's current Retained Earnings is $-17.63 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Premier Air Charter Holdings stock overvalued right now?
Premier Air Charter Holdings (PREM) has a current Retained Earnings of $-17.63 Mil. The current Retained Earnings is $-17.63 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 Premier Air Charter Holdings (PREM), the current Retained Earnings is $-17.63 Mil as of Dec. 2024. 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.

Premier Air Charter Holdings Business Description

Address 2006 Palomar Airport Road, Suite 210, Carlsbad, CA, USA, 92011
Premier Air Charter Holdings Inc is a San Diego-based aircraft charter company, that provides an international community of aviation enthusiasts. Its vast fleet of aircraft includes everything from Light Jets and Turbojets to Mid-Large Jets.