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Fantex (Fantex) Retained Earnings : $-13.91 Mil (As of Sep. 2016)


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What is Fantex Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Fantex's retained earnings for the quarter that ended in Sep. 2016 was $-13.91 Mil.

Fantex's quarterly retained earnings increased from Mar. 2016 ($-18.09 Mil) to Jun. 2016 ($-16.96 Mil) and increased from Jun. 2016 ($-16.96 Mil) to Sep. 2016 ($-13.91 Mil).

Fantex's annual retained earnings declined from Dec. 2013 ($-4.63 Mil) to Dec. 2014 ($-11.30 Mil) and declined from Dec. 2014 ($-11.30 Mil) to Dec. 2015 ($-17.55 Mil).


Fantex Retained Earnings Historical Data

The historical data trend for Fantex'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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Fantex Retained Earnings Chart

Fantex Annual Data
Trend Dec13 Dec14 Dec15
Retained Earnings
-4.63 -11.30 -17.55

Fantex Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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 -13.46 -17.55 -18.09 -16.96 -13.91

Fantex 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.


Fantex  (GREY:VNDSL) 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.


Fantex (Fantex) Business Description

Traded in Other Exchanges
N/A
Address
330 Townsend Street, Suite 234, San Francisco, CA, USA, 94107
Fantex Inc is a marketing services provider in the United States. Its range of operations covers brand acquisition, marketing and brand development in the interest of professional athletes, entertainers, and other high-profile individuals. Fantex's strategy revolves around 3 pillars; Evaluation, Acquisition, and Enhancement. Evaluation is the analysis done before the company enters a brand agreement. Acquisition relates to the initial steps of acquiring a brand such as negotiation of brand price etc and Enhancing Brand Value is where the company builds a portfolio of brands and enhances them with the help of technology and data applications.

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