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SunLink Health Systems (SunLink Health Systems) Retained Earnings : $-1.41 Mil (As of Dec. 2023)


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What is SunLink Health Systems Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. SunLink Health Systems's retained earnings for the quarter that ended in Dec. 2023 was $-1.41 Mil.

SunLink Health Systems's quarterly retained earnings declined from Jun. 2023 ($3.01 Mil) to Sep. 2023 ($1.66 Mil) and declined from Sep. 2023 ($1.66 Mil) to Dec. 2023 ($-1.41 Mil).

SunLink Health Systems's annual retained earnings declined from Jun. 2021 ($6.81 Mil) to Jun. 2022 ($4.80 Mil) and declined from Jun. 2022 ($4.80 Mil) to Jun. 2023 ($3.01 Mil).


SunLink Health Systems Retained Earnings Historical Data

The historical data trend for SunLink Health Systems'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.

* Premium members only.

SunLink Health Systems Retained Earnings Chart

SunLink Health Systems Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.06 -0.08 6.81 4.80 3.01

SunLink Health Systems Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.19 4.43 3.01 1.66 -1.41

SunLink Health Systems 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.


SunLink Health Systems  (AMEX:SSY) 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.


SunLink Health Systems (SunLink Health Systems) Business Description

Traded in Other Exchanges
N/A
Address
900 Circle 75 Parkway, Suite 690, Atlanta, GA, USA, 30339
SunLink Health Systems Inc is engaged in providing retail pharmacy services. The company operates its business through segments namely the Healthcare Services segment and Pharmacy segment. The Healthcare Services segment includes subsidiaries that own and operates nearly 80-licensed-bed, acute care hospitals, which includes more than 18-bed geriatric psychology unit, and over 60-bed nursing home; own medical buildings, which are leased to unaffiliated healthcare providers, and adjacent vacant land; and provides information technology to outside customers. The Pharmacy segment, which is the key revenue generator is composed of retail pharmacy products and services that are conducted in rural markets; institutional pharmacy services; pharmacy services; and durable medical equipment.
Executives
Howard E Turner director 135 PROVIDENCE OAKS POINTE, MILTON GA 30004
Thornton Robert M Jr director, officer: CEO & Chairman 900 CIRCLE 75 PARKWAY, SUITE 690, ATLANTA GA 30339
C Michael Ford director 310 NORRIS STREET, ST. MARYS GA 31558
Mills Christopher H B director 6 STRATTON STREET, MAYFAIR, LONDON X0 W1J 8LD
Steven J Baileys director 30691 HUNT CLUB DRIVE, SAN JUAN CAPISTRANO CA 92675
Sheila G. Brockman officer: CEO So Health Corp of Houston 900 CIRCLE 75 PARKWAY, SUITE 690, ATLANTA GA 30339
Mark J Stockslager officer: Corporate Controller and PAO 900 CIRCLE 75 PARKWAY STE. 690, ATLANTA GA 30339
Karen B Brenner director P.O. BOX 9109, NEWPORT BEACH CA 92658
Gene E Burleson director 320 ARGONNE DR, ATLANTA GA 30305-2814
A Ronald Turner officer: Chief Operating Officer 900 CIRCLE 75 PARKWAY, SUITE 1120, ATLANTA GA 30339
Harry R Alvis officer: Chief Operating Officer 900 CIRCLE 75 PARKWAY STE. 1120, ATLANTA GA 30339
George D. Shaunnessy other: Pres/CEO Sunlink Homecare Svcs 900 CIRCLE 75 PARKWAY, SUITE 1120, ATLANTA GA 30339
Jack M. Spurr officer: VP, Hospital Financial Ops. 900 CIRCLE 75 PARKWAY, SUITE 1120, ATLANTA GA 30339
Michael William Hall director 3406 RAVENWOOD LANE, MIRAMAR BEACH FL 32550
North Atlantic Value Llp 10 percent owner RYDER COURT, 14 RYDER ST., LONDON A1 00000