PRPI (Perpetual Industries) Retained Earnings: $-13.71 Mil (As of Dec. 2022)


What is Perpetual Industries Retained Earnings?

Perpetual Industries PRPI +0.03% Retained Earnings is $-13.71 Mil as of Dec. 2022.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Perpetual Industries's retained earnings for the quarter that ended in Dec. 2022 was $-13.71 Mil.

Perpetual Industries's quarterly retained earnings declined from Jul. 2015 ($-8.82 Mil) to Dec. 2021 ($-12.18 Mil) and declined from Dec. 2021 ($-12.18 Mil) to Dec. 2022 ($-13.71 Mil).

Perpetual Industries's annual retained earnings declined from Jul. 2015 ($-8.82 Mil) to Dec. 2021 ($-12.18 Mil) and declined from Dec. 2021 ($-12.18 Mil) to Dec. 2022 ($-13.71 Mil).

Perpetual Industries  (OTCPK:PRPI) 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.

Perpetual Industries Retained Earnings Historical Data

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The historical data trend for Perpetual Industries'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.

Perpetual Industries Retained Earnings Chart

Perpetual Industries Annual Data
Trend Jul13 Jul14 Jul15 Dec21 Dec22
Retained Earnings
-5.95 -6.70 -8.82 -12.18 -13.71

Perpetual Industries Semi-Annual Data
Jul13 Jul14 Jul15 Dec21 Dec22
Retained Earnings -5.95 -6.70 -8.82 -12.18 -13.71

Perpetual Industries 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 $-13.71 Mil mean?
Perpetual Industries (PRPI) has a Retained Earnings of $-13.71 Mil as of Dec. 2022. Retained earnings is the amount of net income not issued to shareholders. View historical data on Perpetual Industries and its competitors.
Is Perpetual Industries' Retained Earnings too high?
Perpetual Industries' current Retained Earnings is $-13.71 Mil.
How does Perpetual Industries' Retained Earnings compare to BRBL and JKSM?
Perpetual Industries' Retained Earnings of $-13.71 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Retained Earnings depends on the Industrial Products 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 Perpetual Industries and its competitors. Perpetual Industries's current Retained Earnings is $-13.71 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Perpetual Industries stock overvalued right now?
Perpetual Industries (PRPI) has a current Retained Earnings of $-13.71 Mil. The current Retained Earnings is $-13.71 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 Perpetual Industries (PRPI), the current Retained Earnings is $-13.71 Mil as of Dec. 2022. 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.

Perpetual Industries Business Description

Address 2193 Rotunda Drive, Auburn, IN, USA, 46706
Perpetual Industries Inc is a U.S.-based company focused on the growth and market expansion of its wholly owned subsidiary, The Worldwide Group, LLC, which operates as Worldwide Auctioneers, is a boutique auction firm specializing in the sale and acquisition of classic and vintage motorcars, generating its primary revenues through live and online auctions held across the United States. The company serves a clientele of automotive collectors and enthusiasts. Along with its auction events, the company offers a comprehensive suite of personalized services, including private car sales appraisals, collection management, estate planning, and asset consultancy.