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Armanino Foods of Distinction (Armanino Foods of Distinction) Retained Earnings : $26.17 Mil (As of Sep. 2023)


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What is Armanino Foods of Distinction Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Armanino Foods of Distinction's retained earnings for the quarter that ended in Sep. 2023 was $26.17 Mil.

Armanino Foods of Distinction's quarterly retained earnings increased from Jun. 2022 ($22.08 Mil) to Sep. 2022 ($22.67 Mil) and increased from Sep. 2022 ($22.67 Mil) to Sep. 2023 ($26.17 Mil).

Armanino Foods of Distinction's annual retained earnings declined from Dec. 2019 ($18.58 Mil) to Dec. 2020 ($18.04 Mil) but then increased from Dec. 2020 ($18.04 Mil) to Dec. 2021 ($20.40 Mil).


Armanino Foods of Distinction Retained Earnings Historical Data

The historical data trend for Armanino Foods of Distinction'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.

Armanino Foods of Distinction Retained Earnings Chart

Armanino Foods of Distinction Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.98 15.36 18.58 18.04 20.40

Armanino Foods of Distinction Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Sep23
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 20.40 20.89 22.08 22.67 26.17

Armanino Foods of Distinction 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.


Armanino Foods of Distinction  (OTCPK:AMNF) 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.


Armanino Foods of Distinction (Armanino Foods of Distinction) Business Description

Traded in Other Exchanges
N/A
Address
5976 W Las Positas Blvd, Suite 200, Pleasanton, CA, USA, 94588
Armanino Foods of Distinction Inc is engaged in the production and marketing of upscale food products, including primarily frozen pesto sauces, frozen pasta products, cooked and frozen meat, and poultry products. Its products are marketed through a network of food brokers and sold to retail, foodservice, club-type stores, and industrial accounts.
Executives
Douglas R Nichols director C/O RAILAMERICA INC, 5300 BROKEN SOUND BLVD NW, BOACA RATON FL 33487
Patricia A Fehling director 426 NORTH CHURCH STREET, LODI CA 95240
William J Armanino director, 10 percent owner, officer: President, CEO & Chairman 30588 SAN ANTONIO STREET, HAYWARD CA 94544

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