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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Good Times Restaurants's retained earnings for the quarter that ended in Mar. 2024 was $-19.2 Mil.
Good Times Restaurants's quarterly retained earnings declined from Sep. 2023 ($-19.2 Mil) to Dec. 2023 ($-19.8 Mil) but then increased from Dec. 2023 ($-19.8 Mil) to Mar. 2024 ($-19.2 Mil).
Good Times Restaurants's annual retained earnings declined from Sep. 2021 ($-27.7 Mil) to Sep. 2022 ($-30.3 Mil) but then increased from Sep. 2022 ($-30.3 Mil) to Sep. 2023 ($-19.2 Mil).
The historical data trend for Good Times Restaurants'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.
Good Times Restaurants Annual Data | |||||||||||||||||||||
Trend | Sep14 | Sep15 | Sep16 | Sep17 | Sep18 | Sep19 | Sep20 | Sep21 | Sep22 | Sep23 | |||||||||||
Retained Earnings | Get a 7-Day Free Trial | -30.55 | -44.47 | -27.68 | -30.32 | -19.24 |
Good Times Restaurants 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 | -19.83 | -18.99 | -19.24 | -19.79 | -19.17 |
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.
Good Times Restaurants (NAS:GTIM) 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.
Donald L Stack | officer: SVP of Operations | 651 CORPORATE CIRCLE, SUITE 200, GOLDEN CO 80401 |
Ryan M Zink | officer: Chief Financial Officer | 141 UNION BOULEVARD #400, LAKEWOOD CO 80228 |
Jennifer C Stetson | director | 3753 EL SERENO AVENUE, ALTADENTA CA 91001 |
Matthew Karnes | officer: Sr Vice President of Finance | 651 CORPORATE CIRCLE, SUITE 200, GOLDEN CO 80401 |
Margaret E Regalia | officer: Vice President of Finance | 651 CORPORATE CIRCLE, SUITE 200, GOLDEN CO 80401 |
Scott Lefever | officer: VICE PRESIDENT | 601 CORPORATE CIRCLE, GOLDEN CO 80401 |
Charles E Jobson | 10 percent owner | |
Robert J Stetson | director | 14901 QUORUM DRIVE, DALLAS TX 75254 |
Susan M Knutson | officer: Controller | 601 CORPORATE CIRCLE, GOLDEN CO 80401 |
Jason Maceda | director | C/O DUNKIN' BRANDS, INC., 130 ROYALL STREET, CANTON MA 02021 |
Geoffrey R Bailey | director | 601 CORPORATE CIRCLE, GOLDEN CO 80401 |
Boyd E Hoback | officer: President and CEO | 601 CORPORATE CIRCLE, GOLDEN CO 80401 |
Alan A Teran | director | 2126 KNOLLWOOD DR, BOULDER CO 80302 |
Eric W Reinhard | director | 601 CORPORATE CIRCLE, GOLDEN CO 80401 |
Delta Partners Llc | 10 percent owner | 265 FRANKLIN STREET, SUITE 903, BOSTON MA 02110 |
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