SIRC (Solar Integrated Roofing) Retained Earnings: $30.38 Mil (As of Sep. 2022)


What is Solar Integrated Roofing Retained Earnings?

Solar Integrated Roofing SIRC -99.00% Retained Earnings is $30.38 Mil as of Sep. 2022.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Solar Integrated Roofing's retained earnings for the quarter that ended in Sep. 2022 was $30.38 Mil.

Solar Integrated Roofing's quarterly retained earnings increased from Nov. 2010 ($-2.04 Mil) to Sep. 2021 ($0.00 Mil) and increased from Sep. 2021 ($0.00 Mil) to Sep. 2022 ($30.38 Mil).

Solar Integrated Roofing's annual retained earnings increased from . 20 ($0.00 Mil) to Feb. 2008 ($-0.74 Mil) but then declined from Feb. 2008 ($-0.74 Mil) to Feb. 2009 ($-1.49 Mil).

Solar Integrated Roofing  (OTCPK:SIRC) 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.

Solar Integrated Roofing Retained Earnings Historical Data

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The historical data trend for Solar Integrated Roofing'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.

Solar Integrated Roofing Retained Earnings Chart

Solar Integrated Roofing Annual Data
Trend Feb08 Feb09
Retained Earnings
-0.74 -1.49

Solar Integrated Roofing Quarterly Data
Aug07 Nov07 Feb08 May08 Aug08 Nov08 Feb09 May09 Aug09 Nov09 Feb10 May10 Aug10 Nov10 Sep21 Sep22
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 -1.94 -1.99 -2.04 0.00 30.38

Solar Integrated Roofing 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.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of $30.38 Mil mean?
Solar Integrated Roofing (SIRC) has a Retained Earnings of $30.38 Mil as of Sep. 2022. Retained earnings is the amount of net income not issued to shareholders. View historical data on Solar Integrated Roofing and its competitors.
Is Solar Integrated Roofing's Retained Earnings too high?
Solar Integrated Roofing's current Retained Earnings is $30.38 Mil.
How does Solar Integrated Roofing's Retained Earnings compare to YGEHY and BSRC?
Solar Integrated Roofing's Retained Earnings of $30.38 Mil can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Semiconductors company?
A good Retained Earnings depends on the Semiconductors industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Solar Integrated Roofing and its competitors. Solar Integrated Roofing's current Retained Earnings is $30.38 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solar Integrated Roofing stock overvalued right now?
Solar Integrated Roofing (SIRC) has a current Retained Earnings of $30.38 Mil. The current Retained Earnings is $30.38 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Solar Integrated Roofing (SIRC), the current Retained Earnings is $30.38 Mil as of Sep. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Solar Integrated Roofing Business Description

Address 2831 Saint Rose Parkway, Suite 200, Henderson, NV, USA, 89052
Solar Integrated Roofing Corp is an integrated, single-source solar power, EV (Electric Vehicle) charging, microgrids and roofing systems installation company providing products and services to government, commercial and residential facilities, and properties. The company has segments namely: Solar Residential; Solar Commercial; Roofing Construction; EV Charging; and Supplemental. It derives maximum revenue from Solar Commercial Segment.