SACHPA.PFD (Sachem Capital) Retained Earnings : $-35.75 Mil (As of Sep. 2024)

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What is Sachem Capital Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Sachem Capital's retained earnings for the quarter that ended in Sep. 2024 was $-35.75 Mil.

Sachem Capital's quarterly retained earnings declined from Mar. 2024 ($-16.47 Mil) to Jun. 2024 ($-25.81 Mil) and declined from Jun. 2024 ($-25.81 Mil) to Sep. 2024 ($-35.75 Mil).

Sachem Capital's annual retained earnings declined from Dec. 2021 ($-4.99 Mil) to Dec. 2022 ($-8.00 Mil) and declined from Dec. 2022 ($-8.00 Mil) to Dec. 2023 ($-20.12 Mil).

Sachem Capital Retained Earnings Historical Data

The historical data trend for Sachem Capital'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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Sachem Capital Retained Earnings Chart

Sachem Capital Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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-1.27

-2.89

-4.99

-8.00

-20.12

Sachem Capital Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Retained Earnings	Get a 7-Day Free Trial															-7.89	-20.12	-16.47	-25.81	-35.75

Sachem Capital 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.

Sachem Capital (AMEX:SACHpA.PFD) 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.

Sachem Capital Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Sachem Capital Corp (AMEX:SACHpA.PFD) » Definitions » Retained Earnings

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Traded in Other Exchanges

SACH:USA

Address

538 East Main Street, Branford, CT, USA, 06405

Website

https://www.sachemcapitalcorp.com

Sachem Capital Corp is a United States-based real estate investment trust. The company specializes in originating, underwriting, funding, servicing, and managing a portfolio of short-term loans secured by first mortgage liens on real property located in Connecticut. Its primary objective is to grow the loan portfolio while protecting and preserving capital in a manner that provides for attractive risk-adjusted returns to shareholders over the long term through dividends. The company earns majority of its revenue through Interest income from loans.