Astrotech (Astrotech) Retained Earnings : $-234.06 Mil (As of Mar. 2024)

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What is Astrotech Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Astrotech's retained earnings for the quarter that ended in Mar. 2024 was $-234.06 Mil.

Astrotech's quarterly retained earnings declined from Sep. 2023 ($-228.27 Mil) to Dec. 2023 ($-230.91 Mil) and declined from Dec. 2023 ($-230.91 Mil) to Mar. 2024 ($-234.06 Mil).

Astrotech's annual retained earnings declined from Jun. 2021 ($-207.38 Mil) to Jun. 2022 ($-215.71 Mil) and declined from Jun. 2022 ($-215.71 Mil) to Jun. 2023 ($-225.35 Mil).

Astrotech Retained Earnings Historical Data

The historical data trend for Astrotech'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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Astrotech Retained Earnings Chart

Astrotech Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Retained Earnings

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-191.70

-199.78

-207.38

-215.71

-225.35

Astrotech Quarterly Data
	Jun19	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															-223.03	-225.35	-228.27	-230.91	-234.06

Astrotech 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.

Astrotech (NAS:ASTC) 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.

Astrotech (Astrotech) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Astrotech Corp (NAS:ASTC) » Definitions » Retained Earnings

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SP5:Germany

Address

2105 Donley Drive, Suite 100, Austin, TX, USA, 78758

Website

https://www.astrotechcorp.com

Astrotech Corp is a science and technology development company. The firm invents, acquires, and commercializes technological innovations sourced from internal research, universities, laboratories, and research institutions. The 1st Detect develops, manufactures, and sells chemical analyzers for use in the airport security, military, breath analysis markets. AgLAB develops a series of mass spectrometers for use in the agriculture market.

Executives

Robert N Mcfarland	director	C/O EZENIA, INC., 14 CELINA AVE, SUITE 17-18, NASHUA NH 03063
Russler Daniel T Jr	director	2105 DONLEY DRIVE, SUITE 100, AUSTIN TX 78758
James Frank Becker	director	283 HEMLOCK LANE, WEST CHICAGO IL 60185
Jaime Hinojosa	officer: CFO	2028 E BEN WHITE BLVD STE 240-9530, AUSTIN TX 78741
Braden Michael Leonard	10 percent owner	156 S. FIRST STREET, ZIONSVILLE IN 46077
Thomas Wiley Wilkinson	director	3 COLERIDGE LANE, AUSTIN TX 78746
Winn Interests, Ltd.	10 percent owner	800 N. SHORELINE, 1900 N. TOWER, CORPUS CHRISTI TX 78401
Mark Adams	director	12130 HIGHWAY 3, BUILDING 1, WEBSTER TX 77598
William F Readdy	director	12130 HIGHWAY 3, BUILDING 1, WEBSTER TX 77598
Ronald W Cantwell	director	250 PARK AVE, SUITE 2020, NEW YORK NY 10017
Michael R. Humphrey	director	401 CONGRESS AVE., SUITE 1650, AUSTIN TX 78701
Eric Stober	officer: Chief Financial Officer	201 W. 5TH STREET, SUITE 1275, AUSTIN TX 78701
Pickens Thomas Boone Iii	director, 10 percent owner, officer: Chief Executive Officer	12130 HIGHWAY 3, BLDG. 1, WEBSTER TX 77598
Sha-chelle Manning	director	907 GEMINI STREET, HOUSTON TX 77058
Rajesh K Mellacheruvu	officer: Chief Operating Officer	401 CONGRESS AVE, SUITE 1650, AUSTIN TX 78701