Sylios (Sylios) Retained Earnings : $-14.67 Mil (As of Dec. 2019)

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What is Sylios Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Sylios's retained earnings for the quarter that ended in Dec. 2019 was $-14.67 Mil.

Sylios's quarterly retained earnings declined from Jun. 2019 ($-14.19 Mil) to Sep. 2019 ($-14.44 Mil) and declined from Sep. 2019 ($-14.44 Mil) to Dec. 2019 ($-14.67 Mil).

Sylios's annual retained earnings declined from Dec. 2010 ($-2.73 Mil) to Dec. 2018 ($-20.47 Mil) but then increased from Dec. 2018 ($-20.47 Mil) to Dec. 2019 ($-14.67 Mil).

Sylios Retained Earnings Historical Data

The historical data trend for Sylios'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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Sylios Retained Earnings Chart

Sylios Annual Data

Trend

Dec09

Dec10

Dec18

Dec19

Retained Earnings

-2.39

-2.73

-20.47

-14.67

Sylios Quarterly Data
	Sep08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Jun18	Sep18	Dec18	Jun19	Sep19	Dec19
Retained Earnings	Get a 7-Day Free Trial													-	-20.47	-14.19	-14.44	-14.67

Sylios 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.

Sylios (GREY:UNGS) 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.

Sylios (Sylios) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Sylios Corp (GREY:UNGS) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

N/A

Address

501 1st Avenue North, Suite 901, Saint Petersburg, FL, USA, 33701

Website

https://www.sylios.com

Sylios Corp through its subsidiaries is engaged in the exploration and development of oil and natural gas properties, purchase of royalty, and working interest units in producing properties (oil and natural gas) and alternative land development projects.

Executives

Jimmy Wayne Anderson

director, 10 percent owner, officer: President, CFO

501 1ST AVENUE NORTH, SUITE 901, ST. PETERSBURG FL 33701

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