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AmeraMex International (AmeraMex International) Retained Earnings : $-17.36 Mil (As of Mar. 2023)


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What is AmeraMex International Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. AmeraMex International's retained earnings for the quarter that ended in Mar. 2023 was $-17.36 Mil.

AmeraMex International's quarterly retained earnings declined from Sep. 2022 ($-16.91 Mil) to Dec. 2022 ($-17.47 Mil) but then increased from Dec. 2022 ($-17.47 Mil) to Mar. 2023 ($-17.36 Mil).

AmeraMex International's annual retained earnings increased from Dec. 2020 ($-19.97 Mil) to Dec. 2021 ($-18.34 Mil) and increased from Dec. 2021 ($-18.34 Mil) to Dec. 2022 ($-17.47 Mil).


AmeraMex International Retained Earnings Historical Data

The historical data trend for AmeraMex International'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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AmeraMex International Retained Earnings Chart

AmeraMex International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Retained Earnings
Get a 7-Day Free Trial -19.29 -19.39 -19.97 -18.34 -17.47

AmeraMex International Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 -18.08 -17.93 -16.91 -17.47 -17.36

AmeraMex International 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.


AmeraMex International  (OTCPK:AMMX) 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.


AmeraMex International (AmeraMex International) Business Description

Traded in Other Exchanges
N/A
Address
3930 Esplanade, Chico, CA, USA, 95973
AmeraMex International Inc is a dealer of new and refurbished heavy equipment. It sells, leases, and rents heavy equipment to companies within multiple industries including construction, logistics, mining, and lumber. The company's key product line is specialized container handling equipment for loading and unloading of container ships and dry dock areas.
Executives
Hope Stone officer: Chief Financial Officer 3930 ESPLANADE, CHICO CA 95973
Lee Hamre director, 10 percent owner, officer: Chief Executive Officer,, other: Chairman 3930 ESPLANADE, CHICO CA 95973
Marty Tullio director, officer: Secretary and Director 3930 ESPLANADE, CHICO CA 95973
Brian Hamre director 3930 ESPLANADE, CHICO CA 95973
John Jeffery Morris director 3930 ESPLANADE, CHICO CA 95973
Michael R. Maloney director, officer: Chief Operations Officer,, other: Treasurer 3930 ESPLANADE, CHICO CA 95973