GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Southern Concepts Restaurant Group Inc (OTCPK:RIBS) » Definitions » Retained Earnings

Southern Concepts Restaurant Group (Southern Concepts Restaurant Group) Retained Earnings : $-14.51 Mil (As of Sep. 2016)


View and export this data going back to 2010. Start your Free Trial

What is Southern Concepts Restaurant Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Southern Concepts Restaurant Group's retained earnings for the quarter that ended in Sep. 2016 was $-14.51 Mil.

Southern Concepts Restaurant Group's quarterly retained earnings declined from Mar. 2016 ($-12.90 Mil) to Jun. 2016 ($-13.56 Mil) and declined from Jun. 2016 ($-13.56 Mil) to Sep. 2016 ($-14.51 Mil).

Southern Concepts Restaurant Group's annual retained earnings declined from Dec. 2013 ($-5.30 Mil) to Dec. 2014 ($-8.69 Mil) and declined from Dec. 2014 ($-8.69 Mil) to Dec. 2015 ($-12.09 Mil).


Southern Concepts Restaurant Group Retained Earnings Historical Data

The historical data trend for Southern Concepts Restaurant Group'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.

Southern Concepts Restaurant Group Retained Earnings Chart

Southern Concepts Restaurant Group Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Retained Earnings
Get a 7-Day Free Trial -0.29 -2.74 -5.30 -8.69 -12.09

Southern Concepts Restaurant Group Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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 -11.22 -12.09 -12.90 -13.56 -14.51

Southern Concepts Restaurant Group 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.


Southern Concepts Restaurant Group  (OTCPK:RIBS) 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.


Southern Concepts Restaurant Group (Southern Concepts Restaurant Group) Business Description

Traded in Other Exchanges
N/A
Address
3001 PGA Boulevard, Suite 305, Palm Beach Gardens, FL, USA, 33410
Southern Concepts Restaurant Group Inc is a Shell company.
Executives
Kenneth A Cutshaw director C/O CRAWFORD & COMPANY, 1001 SUMMIT BLVD, ATLANTA GA 30319

Southern Concepts Restaurant Group (Southern Concepts Restaurant Group) Headlines

No Headlines