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Nathan's Famous (Nathan's Famous) Retained Earnings : $-11.2 Mil (As of Dec. 2023)


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What is Nathan's Famous Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Nathan's Famous's retained earnings for the quarter that ended in Dec. 2023 was $-11.2 Mil.

Nathan's Famous's quarterly retained earnings increased from Jun. 2023 ($-15.4 Mil) to Sep. 2023 ($-11.7 Mil) and increased from Sep. 2023 ($-11.7 Mil) to Dec. 2023 ($-11.2 Mil).

Nathan's Famous's annual retained earnings increased from Mar. 2021 ($-40.0 Mil) to Mar. 2022 ($-32.6 Mil) and increased from Mar. 2022 ($-32.6 Mil) to Mar. 2023 ($-20.6 Mil).


Nathan's Famous Retained Earnings Historical Data

The historical data trend for Nathan's Famous'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.

Nathan's Famous Retained Earnings Chart

Nathan's Famous Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -52.88 -45.36 -40.04 -32.62 -20.56

Nathan's Famous Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -21.79 -20.56 -15.40 -11.73 -11.16

Nathan's Famous 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.


Nathan's Famous  (NAS:NATH) 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.


Nathan's Famous (Nathan's Famous) Business Description

Traded in Other Exchanges
Address
One Jericho Plaza, Second Floor - Wing A, Jericho, NY, USA, 11753
Nathan's Famous Inc is an owner of fast food franchises in the United States. The company's reportable segment includes the Branded Product Program, Product licensing, Restaurant operations and Corporate. Branded Product Program derives revenue principally from the sale of hot dog products either directly to foodservice operators or to various foodservice distributors who resell the products to foodservice operators. It generates maximum revenue from the Branded Product Program segment. Geographically, it derives a majority of revenue from the United States.
Executives
Brian S Genson director
Joanne Podell director ONE JERICHO PLAZA, JERICHO NY 11753
Robert E Steinberg officer: VP Finance, CFO, Treasurer NATHAN'S FAMOUS INC., ONE JERICHO PLAZA, JERICHO NY 11753
Andrew M Levine director C/O NATHAN'S FAMOUS, INC., ONE JERICHO PLAZA, SECOND FLOOR - WING A, JERICHO NY 11753
Ronald G Devos officer: VP-Fin, CFO and Secy
James Robert Walker officer: SVP, Restaurants C/O NATHAN'S FAMOUS, INC., ONE JERICHO PLAZA, SECOND FLOOR - WING A, JERICHO NY 11753
Robert J Eide director 70 EAST SUNRISE HIGHWAY STE 415, VALLEY STREAM NY 11581
Randy Watts officer: VP - Franchise Operations 1400 OLD COUNTRY ROAD, SUITE 400, WESTBURY NY 11590
Leigh Platte officer: Vice President, Food Service C/O NATHAN'S FAMOUS, INC., ONE JERICHO PLAZA, SECOND FLOOR - WING A, JERICHO NY 11753
Scott F. Harvey officer: Executive Vice President ONE JERICHO PLAZA, SECOND FLOOR - WING A, JERICHO NY 11753
Donald P Schedler officer: Vice President
Barry Leistner director
Wayne Norbitz director, officer: President
Donald L Perlyn director, officer: Executive Vice President
Howard M Lorber director, 10 percent owner, officer: Executive Chairman 4400 BISCAYNE BLVD, 10TH FLOOR, MIAMI FL 33137

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