SLDC (Solidus Communications) Retained Earnings: $-5.38 Mil (As of Nov. 2016)


What is Solidus Communications Retained Earnings?

Solidus Communications SLDC Retained Earnings is $-5.38 Mil as of Nov. 2016.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Solidus Communications's retained earnings for the quarter that ended in Nov. 2016 was $-5.38 Mil.

Solidus Communications's quarterly retained earnings increased from Nov. 2014 ($-17.38 Mil) to Nov. 2015 ($-6.19 Mil) and increased from Nov. 2015 ($-6.19 Mil) to Nov. 2016 ($-5.38 Mil).

Solidus Communications's annual retained earnings increased from Nov. 2014 ($-17.38 Mil) to Nov. 2015 ($-6.19 Mil) and increased from Nov. 2015 ($-6.19 Mil) to Nov. 2016 ($-5.38 Mil).

Solidus Communications  (OTCPK:SLDC) 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.

Solidus Communications Retained Earnings Historical Data

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The historical data trend for Solidus Communications'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.

Solidus Communications Retained Earnings Chart

Solidus Communications Annual Data
Trend Nov07 Nov08 Nov09 Nov10 Nov11 Nov12 Nov13 Nov14 Nov15 Nov16
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -14.57 -17.15 -17.38 -6.19 -5.38

Solidus Communications Semi-Annual Data
Nov07 Nov08 Nov09 Nov10 Nov11 Nov12 Nov13 Nov14 Nov15 Nov16
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only -14.57 -17.15 -17.38 -6.19 -5.38

Solidus Communications 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 $-5.38 Mil mean?
Solidus Communications (SLDC) has a Retained Earnings of $-5.38 Mil as of Nov. 2016. Retained earnings is the amount of net income not issued to shareholders. View historical data on Solidus Communications and its competitors.
Is Solidus Communications' Retained Earnings too high?
Solidus Communications' current Retained Earnings is $-5.38 Mil.
How does Solidus Communications' Retained Earnings compare to HMMR and DTGI?
Solidus Communications' Retained Earnings of $-5.38 Mil can be compared against companies in the Telecommunication Services 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 Telecommunication Services company?
A good Retained Earnings depends on the Telecommunication Services 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 Solidus Communications and its competitors. Solidus Communications's current Retained Earnings is $-5.38 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solidus Communications stock overvalued right now?
Solidus Communications (SLDC) has a current Retained Earnings of $-5.38 Mil. The current Retained Earnings is $-5.38 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 Solidus Communications (SLDC), the current Retained Earnings is $-5.38 Mil as of Nov. 2016. 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.

Solidus Communications Business Description

Address 260 Williamson Boulevard, Unit 731544, Ormond Beach, FL, USA, 32174
Solidus Communications Inc provides Voice over IP, wired and fixed wireless Internet service to home owner communities, and also provides hosting and software design services. The company along with its subsidiaries provides various integrated products and services under the Wireless Florida, WiFIBER, Advanced Satellite Systems, and Air2Land brands to business and residential customers in the United States and internationally. It operates in two segments; Business and Residential. The Company has two subsidiary, Advanced Satellite Systems, Inc., and Illumivation Labs, Inc.