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Safe & Green Development (Safe & Green Development) Retained Earnings : $-10.20 Mil (As of Mar. 2024)


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What is Safe & Green Development Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Safe & Green Development's retained earnings for the quarter that ended in Mar. 2024 was $-10.20 Mil.

Safe & Green Development's quarterly retained earnings declined from Sep. 2023 ($-5.55 Mil) to Dec. 2023 ($-7.13 Mil) and declined from Dec. 2023 ($-7.13 Mil) to Mar. 2024 ($-10.20 Mil).

Safe & Green Development's annual retained earnings declined from Dec. 2021 ($-0.49 Mil) to Dec. 2022 ($-2.93 Mil) and declined from Dec. 2022 ($-2.93 Mil) to Dec. 2023 ($-7.13 Mil).


Safe & Green Development Retained Earnings Historical Data

The historical data trend for Safe & Green Development'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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Safe & Green Development Retained Earnings Chart

Safe & Green Development Annual Data
Trend Dec21 Dec22 Dec23
Retained Earnings
-0.49 -2.93 -7.13

Safe & Green Development Quarterly Data
Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.77 -11.32 -5.55 -7.13 -10.20

Safe & Green Development 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.


Safe & Green Development  (NAS:SGD) 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.


Safe & Green Development (Safe & Green Development) Business Description

Traded in Other Exchanges
N/A
Address
990 Biscayne Blvd, Suite 501, Office 12, Miami, FL, USA, 33132
Safe & Green Development Corp is a real estate development company that focuses on the development of sites using purpose built, prefabricated modules built from both wood & steel, sourced from one of Safe & Green Holdings factories.
Executives
Paul M. Galvin director C/O SG BLOCKS, INC., 400 MADISON AVENUE, SUITE 16C, NEW YORK NY 10017
Christopher Melton director C/O SG BLOCKS, INC., 400 MADISON AVENUE, SUITE 16C, NEW YORK NY 10017
Yaniv Blumenfeld director C/O SG BLOCKS, INC., 195 MONTAGUE STREET, 14TH FLOOR, BROOKLYN NY 11201
J. Scott Magrane director C/O SG BLOCKS, INC., 400 MADISON AVENUE, SUITE 16C, NEW YORK NY 10017
Jeffrey C. Tweedy director C/O ACADEMY SPORTS AND OUTDOORS, INC., 1800 NORTH MASON ROAD, KATY TX 77449
David Roberto Villarreal director, officer: Chief Executive Officer 17 STATE STREET, 19TH FLOOR, NEW YORK NY 10004
Safe & Green Holdings Corp. director 195 MONTAGUE STREET, 14TH FLOOR, BROOKLYN NY 11201
Peter G. Demaria director 990 BISCAYNE BLVD., #501, OFFICE 12, MIAMI FL 33132
Alyssa L. Richardson director 990 BISCAYNE BLVD., #501, OFFICE 12, MIAMI FL 33132
Nicolai Ayrton Brune officer: Chief Financial Officer 990 BISCAYNE BLVD., #501, OFFICE 12, MIAMI FL 33132