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QRS Music Technologies (QRS Music Technologies) Retained Earnings : $4.07 Mil (As of Mar. 2007)


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What is QRS Music Technologies Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. QRS Music Technologies's retained earnings for the quarter that ended in Mar. 2007 was $4.07 Mil.

QRS Music Technologies's quarterly retained earnings increased from Sep. 2006 ($4.04 Mil) to Dec. 2006 ($4.30 Mil) but then declined from Dec. 2006 ($4.30 Mil) to Mar. 2007 ($4.07 Mil).

QRS Music Technologies's annual retained earnings increased from Jun. 2004 ($3.07 Mil) to Jun. 2005 ($4.17 Mil) and increased from Jun. 2005 ($4.17 Mil) to Jun. 2006 ($4.33 Mil).


QRS Music Technologies Retained Earnings Historical Data

The historical data trend for QRS Music Technologies'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.

QRS Music Technologies Retained Earnings Chart

QRS Music Technologies Annual Data
Trend Jun01 Jun02 Jun03 Jun04 Jun05 Jun06
Retained Earnings
Get a 7-Day Free Trial 0.72 1.61 3.07 4.17 4.33

QRS Music Technologies Quarterly Data
Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07
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 4.55 4.33 4.04 4.30 4.07

QRS Music Technologies 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.


QRS Music Technologies  (OTCPK:QRSM) 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.


QRS Music Technologies (QRS Music Technologies) Business Description

Traded in Other Exchanges
N/A
Address
269 Quaker Drive, Seneca, PA, USA, 16346
QRS Music Technologies Inc manufactures and distributes pianos, pianomation units and compact discs and music rolls for use in player pianos. The firm has a presence in Buffalo, New York and Seneca, Pennsylvania within the United States and internationally in Belmain NSW, Australia. It also operates a sales and procurement office in Hong Kong, China.

QRS Music Technologies (QRS Music Technologies) Headlines