USEA (United Maritime) Retained Earnings : $0.00 Mil (As of Sep. 2024)

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What is United Maritime Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. United Maritime's retained earnings for the quarter that ended in Sep. 2024 was $0.00 Mil.

United Maritime's quarterly retained earnings increased from Mar. 2024 ($0.00 Mil) to Jun. 2024 ($24.96 Mil) but then declined from Jun. 2024 ($24.96 Mil) to Sep. 2024 ($0.00 Mil).

United Maritime's annual retained earnings increased from Dec. 2021 ($-0.83 Mil) to Dec. 2022 ($29.37 Mil) but then declined from Dec. 2022 ($29.37 Mil) to Dec. 2023 ($26.95 Mil).

United Maritime Retained Earnings Historical Data

The historical data trend for United Maritime'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 Maritime Retained Earnings Chart

United Maritime Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

-3.00

-0.83

29.37

26.95

United Maritime Quarterly Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Retained Earnings	Get a 7-Day Free Trial									-	26.95	-	24.96	-

United Maritime 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 Maritime (NAS:USEA) 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 Maritime Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » United Maritime Corp (NAS:USEA) » Definitions » Retained Earnings

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Traded in Other Exchanges

YS9:Germany

Address

154 Vouliagmenis Avenue, Glyfada, GRC, 166 74

Website

https://www.unitedmaritime.gr/en

United Maritime Corp operates as a shipping company currently specializing in the seaborne transportation of dry bulk commodities. It currently operates one LR2 tanker vessel and three Capesize dry bulk vessels, two Kamsarmax dry bulk vessels, and three Panamax dry bulk vessels, with an aggregate cargo-carrying capacity of approximately 1,004,289 dwt.