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AMEN Properties (AMEN Properties) Retained Earnings : $-48.68 Mil (As of Mar. 2023)


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What is AMEN Properties Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. AMEN Properties's retained earnings for the quarter that ended in Mar. 2023 was $-48.68 Mil.

AMEN Properties's quarterly retained earnings declined from Sep. 2022 ($-48.12 Mil) to Dec. 2022 ($-48.34 Mil) and declined from Dec. 2022 ($-48.34 Mil) to Mar. 2023 ($-48.68 Mil).

AMEN Properties's annual retained earnings increased from Dec. 2020 ($-49.70 Mil) to Dec. 2021 ($-49.69 Mil) and increased from Dec. 2021 ($-49.69 Mil) to Dec. 2022 ($-48.34 Mil).


AMEN Properties Retained Earnings Historical Data

The historical data trend for AMEN Properties'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.

AMEN Properties Retained Earnings Chart

AMEN Properties Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -43.24 -47.38 -49.70 -49.69 -48.34

AMEN Properties Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 -49.36 -48.32 -48.12 -48.34 -48.68

AMEN Properties 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.


AMEN Properties  (OTCPK:AMEN) 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.


AMEN Properties (AMEN Properties) Business Description

Traded in Other Exchanges
N/A
Address
P.O. Box 835451, Richardson, TX, USA, 75080
AMEN Properties Inc acquires investments in commercial real estate, natural gas properties, and other energy-related business properties. It derives revenue from oil and gas.
Executives
Jon M Morgan officer: Chief Executive Officer 303 W WALL, SUITE 1700, MIDLAND TX 79701
Blake Donald M Jr director 298 5TH AVENUE, NEW YORK NY 10001
Randy G Nicholson director 1202 ESTATES DRIVE SUITE D, ABILENE TX 79602
Earl Gjelde director 790 ROSE ACRES COURT, LOVELAND CO 80537
Eric L Oliver director 303 W WALL, SUITE 1700, MIDLAND TX 79701
Bruce E Edgington director 303 W WALL, SUITE 2300, MIDLAND TX 79701
Jesse T Correll director
John Bick officer: Managing Principal 1409 CROWLEY ROAD, ARLINGTON TX 76012
Kris Lawson Oliver officer: Chief Financial Officer 303 W. WALL STREET, SUITE 1700, MIDLAND TX 79701
Kevin Yung officer: Chief Operating Officer 303 W. WALL STREET, SUITE 2300, MIDLAND TX 79701
Padraig Ennis officer: Vice President 2821 MARMON, MIDLAND TX 79705
John M James officer: Chief Financial Officer 4485 HACKBERRY, MIDLAND TX 79707
Eric Boyt other: Former Chief Financial Officer

AMEN Properties (AMEN Properties) Headlines

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