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Rocky Mountain Industrials (Rocky Mountain Industrials) Retained Earnings : $-74.36 Mil (As of Jun. 2023)


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What is Rocky Mountain Industrials Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Rocky Mountain Industrials's retained earnings for the quarter that ended in Jun. 2023 was $-74.36 Mil.

Rocky Mountain Industrials's quarterly retained earnings declined from Dec. 2022 ($-70.63 Mil) to Mar. 2023 ($-72.70 Mil) and declined from Mar. 2023 ($-72.70 Mil) to Jun. 2023 ($-74.36 Mil).

Rocky Mountain Industrials's annual retained earnings declined from Mar. 2021 ($-57.37 Mil) to Mar. 2022 ($-63.81 Mil) and declined from Mar. 2022 ($-63.81 Mil) to Mar. 2023 ($-72.70 Mil).


Rocky Mountain Industrials Retained Earnings Historical Data

The historical data trend for Rocky Mountain Industrials'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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Rocky Mountain Industrials Retained Earnings Chart

Rocky Mountain Industrials Annual Data
Trend Sep14 Sep15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -35.43 -48.57 -57.37 -63.81 -72.70

Rocky Mountain Industrials 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 -66.65 -68.70 -70.63 -72.70 -74.36

Rocky Mountain Industrials 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.


Rocky Mountain Industrials  (OTCPK:RMRI) 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.


Rocky Mountain Industrials (Rocky Mountain Industrials) Business Description

Traded in Other Exchanges
N/A
Address
6200 South Syracuse Way, Suite 450, Greenwood Village, CO, USA, 80111
Rocky Mountain Industrials Inc is an exploration stage company dedicated to operating industrial assets in the United States including minerals, materials, and services. The company's operating segment includes Aggregates and Rail Park. It generates maximum revenue from the Aggregates segment. The Aggregates segment produces chemical grade lime for use in the aggregates market. Its Rail Park segment consists of land under development to provide a rail terminal and services facility.
Executives
Michael Okada officer: Chief Financial Officer 300 N. CONTINENTAL BLVD. #100, EL SEGUNDO CA 90245
Chad T. Brownstein director, 10 percent owner, officer: Chief Executive Officer 555 SOUTH BARRINGTON AVENUE, #216, LOS ANGELES CA 90049
Rocky Mountain Resource Holdings Inc. 10 percent owner 9595 WILSHIRE BLVD., SUITE 310 BEVERLY HILLS CA 90212
Gregory M. Dangler director, 10 percent owner, officer: President, CFO & Secretary 9595 WILSHIRE BLVD., SUITE 310 BEVERLY HILLS CA 90212
Principio Management Llc 10 percent owner 9595 WILSHIRE BLVD., SUITE 310 BEVERLY HILLS CA 90212
77727111, Llc 10 percent owner 9595 WILSHIRE BLVD., SUITE 310 BEVERLY HILLS CA 90212
Munitz Family Trust 10 percent owner 507 EUCLID STREET SANTA MONICA CA 90402
Andrew Peltz director 9595 WILSHIRE BLVD., SUITE 310 BEVERLY HILLS CA 90212
Legado Del Rey, Llc 10 percent owner 121 SOUTH BEVERLY DRIVE BEVERLY HILLS CA 90212
Edward Czuker 10 percent owner 121 SOUTH BEVERLY DRIVE BEVERLY HILLS CA 90212

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