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Sun Country Airlines Holdings (Sun Country Airlines Holdings) Retained Earnings : $130 Mil (As of Mar. 2024)


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What is Sun Country Airlines Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Sun Country Airlines Holdings's retained earnings for the quarter that ended in Mar. 2024 was $130 Mil.

Sun Country Airlines Holdings's quarterly retained earnings increased from Sep. 2023 ($89 Mil) to Dec. 2023 ($94 Mil) and increased from Dec. 2023 ($94 Mil) to Mar. 2024 ($130 Mil).

Sun Country Airlines Holdings's annual retained earnings increased from Dec. 2021 ($4 Mil) to Dec. 2022 ($22 Mil) and increased from Dec. 2022 ($22 Mil) to Dec. 2023 ($94 Mil).


Sun Country Airlines Holdings Retained Earnings Historical Data

The historical data trend for Sun Country Airlines Holdings'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.

Sun Country Airlines Holdings Retained Earnings Chart

Sun Country Airlines Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
42.23 38.32 4.37 22.05 94.23

Sun Country Airlines Holdings Quarterly Data
Dec18 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 60.38 80.99 88.59 94.23 129.54

Sun Country Airlines Holdings 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.


Sun Country Airlines Holdings  (NAS:SNCY) 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.


Sun Country Airlines Holdings (Sun Country Airlines Holdings) Business Description

Traded in Other Exchanges
N/A
Address
2005 Cargo Road, Minneapolis, MN, USA, 55450
Sun Country Airlines Holdings Inc operates low-cost air carriers. The business has two operating segments: Passenger and Cargo. The passenger segment has two internal passenger groups Scheduled service and Charter. The Cargo segment provides air cargo services. The majority of the revenue is from the passenger segment.
Executives
Sca Horus Holdings, Llc director, 10 percent owner C/O SCA HORUS HOLDINGS, LLC, 9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Erin Rose Neale officer: General Counsel and Secretary 2005 CARGO ROAD, MINNEAPOLIS MN 55450
Grant Whitney officer: Chief Revenue Officer & EVP 2005 CARGO ROAD, MINNEAPOLIS MN 55450
Jude Bricker director, officer: Chief Executive Officer 1201 NORTH TOWN CENTER DRIVE, LAS VEGAS NV 89144
Gregory A. Mays officer: Chief Operating Officer & EVP 2005 CARGO ROAD, MINNEAPOLIS MN 55450
John Gyurci officer: Chief Acct. Off. & VP, Finance 2005 CARGO ROAD, MINNEAPOLIS MN 55450
David M Davis director, officer: President & CFO
William Trousdale officer: VP-Fin. Plan. & Anlys & Treas. 2005 CARGO ROAD, MINNEAPOLIS MN 55450
Eric Levenhagen officer: Chief Admin. Off., GC & Sec. 2005 CARGO ROAD, MINNEAPOLIS MN 55450
Brian Edward Davis officer: Chief Marketing Officer & SVP 2005 CARGO ROAD, MINNEAPOLIS MN 55450
Jennifer L Vogel director C/O AAR CORP., 1100 N. WOOD DALE ROAD, WOOD DALE IL 60191
Gail Peterson director 1 ECOLAB PLACE, SAINT PAUL MN 55102
Jeffrey Mader officer: Chief Information Off. & EVP 2005 CARGO ROAD, MINNEAPOLIS MN 55450
Patrick J. O'keeffe director 2005 CARGO ROAD, MINNEAPOLIS MN 55450
Marion C Blakey director C/O ALASKA AIR GROUP, INC., 19300 INTERNATIONAL BLVD, SEATTLE WA 98188