ABCO Energy (ABCO Energy) Retained Earnings : $-7.92 Mil (As of Dec. 2022)

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What is ABCO Energy Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. ABCO Energy's retained earnings for the quarter that ended in Dec. 2022 was $-7.92 Mil.

ABCO Energy's quarterly retained earnings declined from Jun. 2022 ($-7.96 Mil) to Sep. 2022 ($-8.00 Mil) but then increased from Sep. 2022 ($-8.00 Mil) to Dec. 2022 ($-7.92 Mil).

ABCO Energy's annual retained earnings declined from Dec. 2020 ($-7.09 Mil) to Dec. 2021 ($-7.76 Mil) and declined from Dec. 2021 ($-7.76 Mil) to Dec. 2022 ($-7.92 Mil).

ABCO Energy Retained Earnings Historical Data

The historical data trend for ABCO Energy'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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ABCO Energy Retained Earnings Chart

ABCO Energy Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Retained Earnings

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-5.18

-6.56

-7.09

-7.76

-7.92

ABCO Energy Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Retained Earnings	Get a 7-Day Free Trial															-7.76	-8.04	-7.96	-8.00	-7.92

ABCO Energy 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.

ABCO Energy (OTCPK:ABCE) 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.

ABCO Energy (ABCO Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » ABCO Energy Inc (OTCPK:ABCE) » Definitions » Retained Earnings

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Address

2505 N. Alvernon Way, Tucson, AZ, USA, 85712

Website

https://www.abcosolar.com

ABCO Energy Inc is engaged in is in the Photo Voltaic (PV) solar systems industry, the LED and energy-efficient commercial lighting business and is an electrical product and services supplier. It sells and installs Solar Photovoltaic electric systems that allow the customer to produce their own power on their residence or business property. These products are installed by its crews and are purchased from both USA and offshore manufacturers. It has available and utilizes many suppliers of US-manufactured solar products from such companies as Mia Soleil, Canadian Solar, Westinghouse Solar and various Italian, Korean, German and Chinese suppliers. It offers solar leasing and long-term financing programs that are offered to ABCO customers and other marketing and installation organizations.

Executives

Charles Kristofer O'dowd	director, officer: President & CEO	6610 E. GHOST FLOWER, TUCSON AZ 85750
Wayne Marx	director, officer: Secretary	7700 KNIGHTHOOD LANE, WILLIAMS AZ 86046