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Power Solutions International (Power Solutions International) Retained Earnings : $-160.8 Mil (As of Dec. 2023)


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What is Power Solutions International Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Power Solutions International's retained earnings for the quarter that ended in Dec. 2023 was $-160.8 Mil.

Power Solutions International's quarterly retained earnings increased from Jun. 2023 ($-177.0 Mil) to Sep. 2023 ($-169.2 Mil) and increased from Sep. 2023 ($-169.2 Mil) to Dec. 2023 ($-160.8 Mil).

Power Solutions International's annual retained earnings increased from Dec. 2021 ($-198.4 Mil) to Dec. 2022 ($-187.1 Mil) and increased from Dec. 2022 ($-187.1 Mil) to Dec. 2023 ($-160.8 Mil).


Power Solutions International Retained Earnings Historical Data

The historical data trend for Power Solutions 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.

Power Solutions International Retained Earnings Chart

Power Solutions International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -126.91 -149.89 -198.37 -187.10 -160.79

Power Solutions International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -187.10 -183.37 -176.96 -169.16 -160.79

Power Solutions 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.


Power Solutions International  (OTCPK:PSIX) 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.


Power Solutions International (Power Solutions International) Business Description

Traded in Other Exchanges
N/A
Address
201 Mittel Drive, Wood Dale, IL, USA, 60191
Power Solutions International Inc is an America-based company that manufactures, distributes, and services power systems that primarily run on nondiesel fuels, including natural gas, propane, and gasoline. The company's products are designed to meet emission standards imposed by environmental regulatory bodies like the Environmental Protection Agency. Its products are distributed to a wide range of industrial original equipment manufacturers that supply equipment to sectors including power generation, oil and gas, material handling, airport ground support, agricultural, turf, construction, and irrigation. The company generates most of its sales from United States.
Executives
Gary S Winemaster director, 10 percent owner, officer: See Remarks 231 EAST COLONIAL DRIVE, VERNON HILLS IL 60061
Fuzhang Yu director 201 MITTEL DRIVE, WOOD DALE IL 60191
Neil Gagnon 10 percent owner 1370 AVENUE OF THE AMERICAS, 24TH FLOOR, NEW YORK NY 10019
Jiwen Zhang director 201 MITTEL DRIVE, WOOD DALE IL 60191
Gengsheng Zhang director 201 MITTEL DRIVE, WOOD DALE IL 60191
Xun Li officer: Chief Financial Officer 201 MITTEL DRIVE, WOOD DALE IL 60191
Junhua Gu officer: See Remarks 201 MITTEL DRIVE, WOOD DALE IL 60191
Matthew Joseph Thomas officer: See Remarks 201 MITTEL DRIVE, WOOD DALE IL 60191
Fabrizio Mozzi director 201 MITTEL DRIVE, WOOD DALE IL 60191
Lei Lei director 201 MITTEL DRIVE, WOOD DALE IL 60191
Xykis Constantine officer: Chief Technology Officer 201 MITTEL DRIVE, WOOD DALE IL 60191
Sidong Shao director C/O 200 WEST MITTEL DRIVE, WOOD DALE IL 60191
Xinghao Li director C/O 200 WEST MITTEL DRIVE, WOOD DALE IL 60191
Hong He director 201 MITTEL DRIVE, WOOD DALE IL 60191
Lance Michael Arnett officer: Chief Commercial Officer 201 MITTEL DRIVE, WOOD DALE IL 60191