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Electro-Sensors (Electro-Sensors) Retained Earnings : $11.18 Mil (As of Dec. 2023)


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What is Electro-Sensors Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Electro-Sensors's retained earnings for the quarter that ended in Dec. 2023 was $11.18 Mil.

Electro-Sensors's quarterly retained earnings increased from Jun. 2023 ($10.98 Mil) to Sep. 2023 ($10.99 Mil) and increased from Sep. 2023 ($10.99 Mil) to Dec. 2023 ($11.18 Mil).

Electro-Sensors's annual retained earnings increased from Dec. 2021 ($10.81 Mil) to Dec. 2022 ($10.91 Mil) and increased from Dec. 2022 ($10.91 Mil) to Dec. 2023 ($11.18 Mil).


Electro-Sensors Retained Earnings Historical Data

The historical data trend for Electro-Sensors'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.

Electro-Sensors Retained Earnings Chart

Electro-Sensors 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 10.52 10.40 10.81 10.91 11.18

Electro-Sensors Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 10.91 10.86 10.98 10.99 11.18

Electro-Sensors 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.


Electro-Sensors  (NAS:ELSE) 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.


Electro-Sensors (Electro-Sensors) Business Description

Traded in Other Exchanges
N/A
Address
6111 Blue Circle Drive, Minnetonka, MN, USA, 55343-9108
Electro-Sensors Inc is engaged in manufacturing and selling a variety of monitoring systems that measure actual machine production and operation rates, as well as systems that regulate the speed of related machines in production processes. Its speed monitoring systems compare revolutions per minute or speed against acceptable rates as determined by a customer. It also includes a line of products that measure production counts or rates, such as parts, gallons, or board feet, alarm systems, tachometers, and other devices that translate impulses from the sensors into alarm signals, computer inputs, or digital displays that are usable by the customer.
Executives
Patricia Nancy Peterson 10 percent owner 6005 ERIN TERRACE, EDINA MN 55439
Paul Rodney Peterson 10 percent owner 227 CEDAR DRIVE WEST, HUDSON WI 54016
John Eberhart Peterson 10 percent owner 815 BUTTONBUSH LANE, NAPLES FL 34108
Michael C. Zipoy director 6111 BLUE CIRCLE DR, MINNETONKA MN 55343
Lynne Elizabeth Peterson 10 percent owner 10254 NOTTINGHAM TRAIL, EDEN PRAIRIE MN 55347
Estate Of Nancy P. Peterson 10 percent owner C/O 15708 WOODKNOLL LANE, MINNETONKA MN 55345
Michael Hochman officer: VP of Casino Card Operations 1100 CANTERBURY ROAD, SHAKOPEE MN 55379
Nancy P. Peterson 10 percent owner 905 MAIN STREET, HOPKINS MN 55343
Nicholas John Swenson 10 percent owner 5000 WEST 36TH STREET, SUITE 130, MINNEAPOLIS MN 55416
Scott A. Gabbard director 6111 BLUE CIRCLE DRIVE, MINNETONKA MN 55343
David L Klenk director 6111 BLUE CIRCLE DRIVE, MINNETONKA MN 55343
Robert W Heller director 10992 MOUNT CURVE ROAD, EDEN PRAIRIE MN 55347
Jeffrey Dean Peterson director 15708 WOODKNOLL LANE, MINNETONKA MN 55345
Geoffrey W Miller director 12735 42ND PLACE N, PLAYMOUTH MN 55442-2350
John S Strom director