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Heritage-Crystal Clean (Heritage-Crystal Clean) Retained Earnings : $247.1 Mil (As of Jun. 2023)


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What is Heritage-Crystal Clean Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Heritage-Crystal Clean's retained earnings for the quarter that ended in Jun. 2023 was $247.1 Mil.

Heritage-Crystal Clean's quarterly retained earnings increased from Dec. 2022 ($221.8 Mil) to Mar. 2023 ($238.4 Mil) and increased from Mar. 2023 ($238.4 Mil) to Jun. 2023 ($247.1 Mil).

Heritage-Crystal Clean's annual retained earnings increased from Dec. 2020 ($76.1 Mil) to Dec. 2021 ($137.1 Mil) and increased from Dec. 2021 ($137.1 Mil) to Dec. 2022 ($221.8 Mil).


Heritage-Crystal Clean Retained Earnings Historical Data

The historical data trend for Heritage-Crystal Clean'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.

Heritage-Crystal Clean Retained Earnings Chart

Heritage-Crystal Clean 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 55.82 64.18 76.12 137.07 221.83

Heritage-Crystal Clean Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 171.05 194.25 221.83 238.42 247.06

Heritage-Crystal Clean 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.


Heritage-Crystal Clean  (NAS:HCCI) 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.


Heritage-Crystal Clean (Heritage-Crystal Clean) Business Description

Traded in Other Exchanges
N/A
Address
2000 Center Drive, Suite East C300, Hoffman Estates, IL, USA, 60123
Heritage-Crystal Clean In provides full-service parts cleaning, hazardous and non-hazardous bulk and containerized waste management, used oil collection, re-refining and lubricating base oil product sales, wastewater vacuum services, antifreeze collection, recycling and product sales, industrial and field services, and emergency and spill response services. It operates in two segments, Environmental Services, and Oil Business. The Environmental Services segment offers parts cleaning, containerized waste management, vacuum truck, and antifreeze recycling services, and the Oil Business segment collects used oil and sells recycled fuel oil, as well as engages in the re-refining of used oil into lubricant base oil and by-products.
Executives
Thompson Mary Patricia B director 651 S. STRATFORD DRIVE, SUITE 100, MERIDIAN ID 83642
Willmschen Robert W Jr director C/O HERITAGE-CRYSTAL CLEAN, INC., 2175 POINT BOULEVARD, SUITE 375, ELGIN IL 60123
Fehsenfeld Fred M Jr director 2780 WATERFRONT PARKWAY E. DRIVE,, SUITE 200, INDIANAPOLIS IN 46214
Carmine Falcone director C/O HERITAGE-CRYSTAL CLEAN, INC., 2175 POINT BOULEVARD, SUITE 375, ELGIN IL 60123
Brian Recatto director 117 THIBODEAUX DRIVE, LAFAYETTE LA 70503
Anthony R Chase director 10307 PACIFIC CENTER COURT, SAN DIEGO CA 92121
Ellie Bruce officer: VP Sales & Oil C/O HERITAGE-CRYSTAL CLEAN, INC., 2175 POINT BOULEVARD, SUITE 375, ELGIN IL 60123
Mark Devita officer: Chief Financial Officer C/O HERITAGE-CRYSTAL CLEAN, INC., 2175 POINT BOULEVARD. SIOTE 375, ELGIN IL 60123
John Lucks officer: Senior VP Sales & Marketing C/O HERITAGE-CRYSTAL CLEAN, INC., 2175 POINT BOULEVARD, SUITE 375, ELGIN IL 60123
Schumacher Paul James Jr. director 10521 HUSSEY LANE, CARMEL IN 46032
Tom Hillstrom officer: VP of Operations C/O HERITAGE-CRYSTAL CLEAN, INC., 2175 POINT BOULEVARD, SUITE 375, ELGIN IL 60123
Gregory Ray officer: COO C/O HERITAGE-CRYSTAL CLEAN, INC., 2175 POINT BOULEVARD, SUITE 375, ELGIN IL 60123
Joseph Chalhoub director, officer: President and CEO C/O HERITAGE-CRYSTAL CLEAN, INC., 2175 POINT BOULEVARD, SUITE 375, ELGIN IL 60123
Charles E Schalliol director 300 NORTH MERIDIAN STREET, SUITE 950, INDIANAPOLIS IN 46204
Group Heritage 10 percent owner 5400 WEST 86TH STREET, P. O. BOX 68123, INDIANAPOLIS IN 46268

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