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United Development Funding IV (United Development Funding IV) Retained Earnings : $-21.89 Mil (As of Sep. 2015)


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What is United Development Funding IV Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. United Development Funding IV's retained earnings for the quarter that ended in Sep. 2015 was $-21.89 Mil.

United Development Funding IV's quarterly retained earnings increased from Mar. 2015 ($-25.36 Mil) to Jun. 2015 ($-23.63 Mil) and increased from Jun. 2015 ($-23.63 Mil) to Sep. 2015 ($-21.89 Mil).

United Development Funding IV's annual retained earnings declined from Dec. 2012 ($-11.46 Mil) to Dec. 2013 ($-27.40 Mil) but then increased from Dec. 2013 ($-27.40 Mil) to Dec. 2014 ($-27.06 Mil).


United Development Funding IV Retained Earnings Historical Data

The historical data trend for United Development Funding IV'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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United Development Funding IV Retained Earnings Chart

United Development Funding IV Annual Data
Trend Dec11 Dec12 Dec13 Dec14
Retained Earnings
- -11.46 -27.40 -27.06

United Development Funding IV Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 -26.85 -27.06 -25.36 -23.63 -21.89

United Development Funding IV 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.


United Development Funding IV  (OTCPK:UDFI) 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.


United Development Funding IV (United Development Funding IV) Business Description

Traded in Other Exchanges
N/A
Address
1301 Municipal Way, Suite 200, Grapevine, TX, USA, 76051
United Development Funding IV is a real estate investment trust. It invests in the development and construction of single-family homes through a family of public and private funds, which direct investor capital towards the financing of homebuilders and land developers. The company offers investors to diversify their portfolios with investments in affordable residential real estate. The vast majority of the company's loan portfolio is secured by parcels of land intended for development and finished lots. Nearly all of the company's property loans and investments are secured by or related to properties located in Texas.
Executives
Phillip Kent Marshall director 10959 CUTTEN ROAD, HOUSTON TX 77066
Stacey Dwyer director, officer: Chief Operating Officer 301 COMMERCE STREET, SUITE 500, FORT WORTH TX 76102