RONN (RONN) Retained Earnings : $-10.48 Mil (As of Jun. 2005)

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What is RONN Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. RONN's retained earnings for the quarter that ended in Jun. 2005 was $-10.48 Mil.

RONN's quarterly retained earnings declined from Dec. 2004 ($-10.37 Mil) to Mar. 2005 ($-10.48 Mil) and declined from Mar. 2005 ($-10.48 Mil) to Jun. 2005 ($-10.48 Mil).

RONN's annual retained earnings declined from Sep. 2001 ($-7.21 Mil) to Sep. 2002 ($-8.12 Mil) and declined from Sep. 2002 ($-8.12 Mil) to Sep. 2003 ($-9.23 Mil).

RONN Retained Earnings Historical Data

The historical data trend for RONN'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.

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RONN Retained Earnings Chart

RONN Annual Data

Trend

Sep94

Sep95

Sep96

Sep97

Sep98

Sep99

Sep00

Sep01

Sep02

Sep03

Retained Earnings

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-7.30

-7.26

-7.21

-8.12

-9.23

RONN Quarterly Data
	Sep00	Dec00	Mar01	Jun01	Sep01	Dec01	Mar02	Jun02	Sep02	Dec02	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05
Retained Earnings	Get a 7-Day Free Trial															-10.13	-10.46	-10.37	-10.48	-10.48

RONN 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.

RONN (OTCPK:RONN) 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.

RONN (RONN) Business Description

Industry

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Address

11 N Water Street, Mobile, AL, USA, 36602

Website

https://www.lphmcorp.com

RONN Inc Formerly Lee Pharmaceuticals Inc is a developer of health and fitness related mobile applications to be used on PC and mobile devices. These applications will be offered through the Google Play Store and the Apple App Store. It is developing its mobile applications on behalf of a health care provider, health plan, or any HIPAA covered entities. The firm's Green Living Lifestyle Nutrition App encourage health and wellness through green options and alternative health strategies.