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United Express (United Express) Retained Earnings : $-2.05 Mil (As of Mar. 2024)


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What is United Express Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. United Express's retained earnings for the quarter that ended in Mar. 2024 was $-2.05 Mil.

United Express's quarterly retained earnings declined from Sep. 2023 ($0.03 Mil) to Dec. 2023 ($-2.06 Mil) but then increased from Dec. 2023 ($-2.06 Mil) to Mar. 2024 ($-2.05 Mil).

United Express's annual retained earnings declined from Jun. 2021 ($0.00 Mil) to Jun. 2022 ($-0.07 Mil) and declined from Jun. 2022 ($-0.07 Mil) to Jun. 2023 ($-0.07 Mil).


United Express Retained Earnings Historical Data

The historical data trend for United Express'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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United Express Retained Earnings Chart

United Express Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Retained Earnings
Get a 7-Day Free Trial -0.03 -0.03 - -0.07 -0.07

United Express 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 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 -0.07 -0.07 0.03 -2.06 -2.05

United Express 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.


United Express  (OTCPK:UNXP) 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.


United Express (United Express) Business Description

Traded in Other Exchanges
N/A
Address
4345 W. Post Road, Las Vegas, NV, USA, 89118
United Express Inc is engaged in providing service for long and short distance logistics for clients in the company's target market area. It operates as a general company of transportation, dispatch service logistics, delivery merchandises and other items for companies and individuals across the United State. The firm offers various services such as logistics, commodities freight and transportation, carriers, consistent fleet, and other related services. It generates its revenue from transportation service and logistics. The United Express operates as a general company of transportation, dispatch service logistics, delivery merchandises and other items for companies and individuals across the United State.

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