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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Sevcon's retained earnings for the quarter that ended in Jun. 2017 was $-3.37 Mil.
Sevcon's quarterly retained earnings declined from Dec. 2016 ($1.92 Mil) to Mar. 2017 ($-0.47 Mil) and declined from Mar. 2017 ($-0.47 Mil) to Jun. 2017 ($-3.37 Mil).
Sevcon's annual retained earnings increased from Sep. 2014 ($9.50 Mil) to Sep. 2015 ($10.61 Mil) but then declined from Sep. 2015 ($10.61 Mil) to Sep. 2016 ($4.34 Mil).
The historical data trend for Sevcon'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.
Sevcon Annual Data | |||||||||||||||||||||
Trend | Sep07 | Sep08 | Sep09 | Sep10 | Sep11 | Sep12 | Sep13 | Sep14 | Sep15 | Sep16 | |||||||||||
Retained Earnings | Get a 7-Day Free Trial | 9.66 | 8.59 | 9.50 | 10.61 | 4.34 |
Sevcon Quarterly Data | ||||||||||||||||||||
Sep12 | Dec12 | Mar13 | Jun13 | Sep13 | Dec13 | Mar14 | Jun14 | Sep14 | Dec14 | Mar15 | Jun15 | Sep15 | Dec15 | Mar16 | Jun16 | Sep16 | Dec16 | Mar17 | Jun17 | |
Retained Earnings | Get a 7-Day Free Trial | 7.48 | 4.34 | 1.92 | -0.47 | -3.37 |
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.
Sevcon (OTCPK:SEVAP.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.
Bassi Holding S.r.l. | 10 percent owner | VIA MENSA 3/2, S. MARIA IN FABRIAGO, LUGO (RA) L6 48022 |
Andrea Bassi | 10 percent owner, officer: General Manager, Bassi S.r.l | VIA MENSA, 3/2 S MARIA IN FABRIAGO, LUGO RA L6 48022 |
David Sidlow | officer: Managing Director, Sevcon Ltd | KINGSWAY SOUTH, GATESHEAD, TYNE AND WEAR X0 NE11 0QA |
Meson Constructive Capital Lp | 10 percent owner | 12 ARANA CIRCLE, SAUSALITO CA 94965 |
Matthew Goldfarb | director | C/O DIEBOLD NIXDORF, INCORPORATED, 5995 MAYFAIR ROAD, NORTH CANTON OH 44720 |
Ryan J. Morris | director | 531 E. STATE ST., ITHACA NY 14850 |
Glenn Angiolillo | director | C/O NYMAGIC INC, 919 THIRD AVENUE, 10TH FLOOR, NEW YORK NY 10022 |
Walter Milton Schenker | director | 1130 ROUTE 46, SUITE 22, PARSIPPANY NJ 07054 |
Frederick A Wang | director | 155 NORTHBORO ROAD, SOUTHBOROUGH MA 01772 |
William J Ketelhut | director | C/O ENERGY CONVERSION DEVICES INC, 2956 WATERVIEW DR, ROCHESTER HILLS MI 48309 |
Paul Neil Farquhar | officer: Vice President and Treasurer | 3 DUXBURY PARK, FATFIELD, WASHINGTON X0 NE38 8BJ |
Marvin G Schorr | director | NINE HAMPSHIRE STREET, MANSFIELD MA 02048-9171 |
Bernard F Start | director | |
Paul B Rosenberg | director | |
Paul O Stump | director | C/O TECH/OPS SEVCON, INC., 155 NORTHBORO ROAD, SOUTHBOROUGH MA 01772 |
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