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Xcel Brands (Xcel Brands) Retained Earnings : $-60.14 Mil (As of Mar. 2024)


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What is Xcel Brands Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Xcel Brands's retained earnings for the quarter that ended in Mar. 2024 was $-60.14 Mil.

Xcel Brands's quarterly retained earnings declined from Sep. 2023 ($-47.05 Mil) to Dec. 2023 ($-53.85 Mil) and declined from Dec. 2023 ($-53.85 Mil) to Mar. 2024 ($-60.14 Mil).

Xcel Brands's annual retained earnings declined from Dec. 2021 ($-28.78 Mil) to Dec. 2022 ($-32.80 Mil) and declined from Dec. 2022 ($-32.80 Mil) to Dec. 2023 ($-53.85 Mil).


Xcel Brands Retained Earnings Historical Data

The historical data trend for Xcel Brands'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.

Xcel Brands Retained Earnings Chart

Xcel Brands Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.66 -16.60 -28.78 -32.80 -53.85

Xcel Brands 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 -38.44 -41.91 -47.05 -53.85 -60.14

Xcel Brands 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.


Xcel Brands  (NAS:XELB) 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.


Xcel Brands (Xcel Brands) Business Description

Traded in Other Exchanges
N/A
Address
1333 Broadway, 10th Floor, New York, NY, USA, 10018
Xcel Brands Inc is a media and brand management company. It is engaged in the design, merchandising and planning, sourcing and production, licensing, marketing, and brand development. The company offers branded apparel, footwear, accessories, jewelry, home goods, and other consumer products. Its brand portfolio consists of the Isaac Mizrahi, Judith Ripka, H Halston, C Wonder, and the Highline Collective brands. The company licenses its brands to third parties, provides certain design, production, and marketing services, and generates licensing, design, and service fee revenues through contractual arrangements and other agreements.
Executives
D Loren Robert W director, 10 percent owner, officer: CEO and Chairman 475 10TH AVENUE, 4TH FLOOR, NEW YORK NY 10018
Mark Disanto director, 10 percent owner C/O XCEL BRANDS, INC., 475 10TH AVENUE, 4TH FLOOR, NEW YORK NY 10018
Seth Burroughs officer: See Remarks C/O XCEL BRANDS,INC., 475 10TH AVENUE, 4TH FLOOR, NEW YORK NY 10018
James Haran officer: Chief Financial Officer 475 10TH AVENUE, 4TH FLOOR, NEW YORK NY 10018
Michael Francis director 6501 LEGACY DRIVE, PLANO TX 75024
James D Fielding director C/O XCEL BRANDS, INC., 1333 BROADWAY, 10TH FLOOR, NEW YORK NY 10018
Deborah Weinswig director C/O XCEL BRANDS, INC., 1333 BROADWAY, 10TH FLOOR, NEW YORK NY 10018
Howard M Liebman director C/O XCEL BRANDS, INC., 475 10TH AVENUE, 4TH FLOOR, NEW YORK NY 10018
Isaac Mizrahi 10 percent owner C/O XCEL BRANDS, INC., 475 10TH AVENUE, 4TH FLOOR, NEW YORK NY 10018
Hilco Trading, Llc 10 percent owner 5 REVERE DRIVE, SUITE 206, NORTHBROOK IL 60062
Jeffrey Bruce Hecktman 10 percent owner 5 REVERE DRIVE, SUITE 206, NORTHBROOK IL 60062
Edward Iii Jones director C/O XCEL BRANDS, INC., 475 10TH AVENUE, 4TH FLOOR, NEW YORK NY 10018
Richard Kirschenbaum director C/O XCEL BRANDS, INC., 1333 BROADWAY, 10TH FLOOR, NEW YORK NY 10018
Ben Malka director C/O XCEL BRANDS, INC., 475 10TH AVENUE, 4TH FLOOR, NEW YORK NY 10018
Buckingham Capital Management Inc 10 percent owner 485 LEXINGTON AVENUE, 3RD FL, NEW YORK NY 10017