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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. US Silica Holdings's retained earnings for the quarter that ended in Mar. 2024 was $-190 Mil.
US Silica Holdings's quarterly retained earnings increased from Sep. 2023 ($-233 Mil) to Dec. 2023 ($-204 Mil) and increased from Dec. 2023 ($-204 Mil) to Mar. 2024 ($-190 Mil).
US Silica Holdings's annual retained earnings increased from Dec. 2021 ($-429 Mil) to Dec. 2022 ($-351 Mil) and increased from Dec. 2022 ($-351 Mil) to Dec. 2023 ($-204 Mil).
The historical data trend for US Silica Holdings'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.
US Silica Holdings Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Retained Earnings | Get a 7-Day Free Trial | -279.96 | -395.50 | -429.26 | -351.08 | -204.16 |
US Silica Holdings 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 | -306.44 | -260.18 | -233.27 | -204.16 | -190.47 |
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.
US Silica Holdings (NYSE:SLCA) 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.
Kevin Hough | officer: EVP & Chief Financial Officer | 24275 KATY FREEWAY, SUITE 600, KATY TX 77494 |
Bryan Adair Shinn | director, officer: President & CEO | 8490 PROGRESS DRIVE, SUITE 300, FREDERICK MD 21701 |
Jay Moreau | officer: EVP & Chief Operating Officer | 24275 KATY FREEWAY, SUITE 600, KATY TX 77494 |
Jimmi Sue Smith | director | 625 LIBERTY AVENUE, SUITE 1700, C/O EQT CORPORATION, PITTSBURGH PA 15222 |
Simon Bates | director | 62 WHITTEMORE AVE, CAMBRIDGE MA 02140 |
Diane K Duren | director | PO BOX 45308, OMAHA NE 68145 |
Donald A Merril | officer: EVP & Chief Financial Officer | 1293 SOUTH MAIN STREET, AKRON OH 44301 |
Stacy Russell | officer: SVP General Counsel | 24275 KATY FREEWAY, SUITE 600, KATY TX 77494 |
William Jennings Kacal | director | 2112 INWOOD DRIVE, HOUSTON TX 77019 |
Charles W Shaver | director | C/O US SILICA, 8490 PROGRESS DR. STE 300, FREDERICK MD 21701 |
Michael L Winkler | officer: EVP & Chief Operating Officer | 8490 PROGRESS DRIVE, SUITE 300, FREDERICK MD 21701 |
Sandra Rogers | director | 24275 KATY FREEWAY, SUITE 600, KATY TX 77494 |
Zach Carusona | officer: President Specialty Minerals | 24275 KATY FREEWAY, SUITE 600, KATY TX 77494 |
James Derek Ussery | officer: President Oil and Gas | 1301 MCKINNEY ST, STE 1800, HOUSTON TX 77010 |
Donna Lynnette Crowder | officer: SVP and CHRO | 24275 KATY FREEWAY, SUITE 600, KATY TX 77494 |
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