Spin Master (Spin Master) Retained Earnings : $535 Mil (As of Mar. 2024)

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What is Spin Master Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Spin Master's retained earnings for the quarter that ended in Mar. 2024 was $535 Mil.

Spin Master's quarterly retained earnings declined from Sep. 2023 ($639 Mil) to Dec. 2023 ($605 Mil) and declined from Dec. 2023 ($605 Mil) to Mar. 2024 ($535 Mil).

Spin Master's annual retained earnings increased from Dec. 2021 ($216 Mil) to Dec. 2022 ($477 Mil) and increased from Dec. 2022 ($477 Mil) to Dec. 2023 ($605 Mil).

Spin Master Retained Earnings Historical Data

The historical data trend for Spin Master'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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Spin Master Retained Earnings Chart

Spin Master Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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-28.10

17.40

216.00

477.40

604.50

Spin Master Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Retained Earnings	Get a 7-Day Free Trial															460.10	488.30	639.10	604.50	534.50

Spin Master 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.

Spin Master (OTCPK:SNMSF) 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.

Spin Master (Spin Master) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Spin Master Corp (OTCPK:SNMSF) » Definitions » Retained Earnings

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SP9:Germany TOY:Canada

Address

225 King Street West, Suite 200, Toronto, ON, CAN, M5V 3M2

Website

https://www.spinmaster.com

Spin Master is a children's entertainment company operating in the just over $100 billion global toy industry. The company creates, designs, manufactures, and markets a portfolio of products, brands, and entertainment properties across four key categories (outdoor, wheels & action, preschool and dolls & interactive, and activities, games and puzzles and plush). Spin Master has increased brand awareness via homegrown brands including Paw Patrol, Rusty Rivets, and Bakugan but has leaned on a robust acquisition strategy to reach adjacent markets through tie-ups like Rubik's, Swimways, and Melissa & Doug (which is set to come on board in 2024). The company has global reach, with more than 30 offices in nearly 20 countries and sales in over 100 markets.