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Strong Global Entertainment (Strong Global Entertainment) Retained Earnings : $-2.71 Mil (As of Dec. 2023)


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What is Strong Global Entertainment Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Strong Global Entertainment's retained earnings for the quarter that ended in Dec. 2023 was $-2.71 Mil.

Strong Global Entertainment's quarterly retained earnings increased from Jun. 2023 ($-0.84 Mil) to Sep. 2023 ($-0.81 Mil) but then declined from Sep. 2023 ($-0.81 Mil) to Dec. 2023 ($-2.71 Mil).

Strong Global Entertainment's annual retained earnings stayed the same from Dec. 2021 ($0.00 Mil) to Dec. 2022 ($0.00 Mil) but then declined from Dec. 2022 ($0.00 Mil) to Dec. 2023 ($-2.71 Mil).


Strong Global Entertainment Retained Earnings Historical Data

The historical data trend for Strong Global Entertainment'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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Strong Global Entertainment Retained Earnings Chart

Strong Global Entertainment Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
- - - - -2.71

Strong Global Entertainment Quarterly Data
Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - -0.84 -0.81 -2.71

Strong Global Entertainment 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.


Strong Global Entertainment  (AMEX:SGE) 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.


Strong Global Entertainment (Strong Global Entertainment) Business Description

Traded in Other Exchanges
N/A
Address
4201 Congress Street, Suite 175, Charlotte, NC, USA, 28209
Strong Global Entertainment Inc is engaged in providing products and services to cinema exhibitors and entertainment venues. It manufactures and distributes premium large format projection screens, provide comprehensive managed services, technical support and related products and services primarily to cinema exhibitors, theme parks, educational institutions, and similar venues. It also provides maintenance, repair, installation, network support services and other services to cinema operators, primarily in the United States.
Executives
Mark D. Roberson director, officer: CEO and Director 27271 LAS RAMBLAS, STE. 200, MISSION VIEJO CA 92691
Fg Group Holdings Inc. 10 percent owner 4201 CONGRESS STREET, SUITE 175, CHARLOTTE NC 28209
Strong/mdi Screen Systems, Inc. 10 percent owner 1440 RAOUL-CHARETTE, JOLIETTE A8 J6E 8S7
Kyle Cerminara director C/O FUNDAMENTAL GLOBAL INVESTORS, LLC, 108 GATEWAY BLVD., SUITE 204, MOORESVILLE NC 28117
Ray Boegner officer: President 4350 MCKINLEY ST, OMAHA NE 68112
Todd Robert Major officer: CFO, Secretary & Treasury 4201 CONGRESS STREET, SUITE 175, CHARLOTTE NC 28209
John W. Struble director C/O RELM WIRELESS CORPORATION, 7100 TECHNOLOGY DRIVE, WEST MELBOURNE FL 32904
Marsha G King director C/O 1347 PROPERTY INSURANCE HOLDINGS, IN, 1511 N. WESTSHORE BLVD., SUITE 870, TAMPA FL 33607
Govignon Richard Edward Jr director 54 ANNETTE DR, MARLBORO NJ 07746

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