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Conrad Industries (Conrad Industries) Retained Earnings : $92.77 Mil (As of Sep. 2023)


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What is Conrad Industries Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Conrad Industries's retained earnings for the quarter that ended in Sep. 2023 was $92.77 Mil.

Conrad Industries's quarterly retained earnings declined from Dec. 2018 ($121.84 Mil) to Sep. 2022 ($0.00 Mil) but then increased from Sep. 2022 ($0.00 Mil) to Sep. 2023 ($92.77 Mil).

Conrad Industries's annual retained earnings declined from Dec. 2016 ($123.77 Mil) to Dec. 2017 ($121.64 Mil) but then increased from Dec. 2017 ($121.64 Mil) to Dec. 2018 ($121.84 Mil).


Conrad Industries Retained Earnings Historical Data

The historical data trend for Conrad Industries'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.

Conrad Industries Retained Earnings Chart

Conrad Industries Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 122.60 127.52 123.77 121.64 121.84

Conrad Industries Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Sep22 Sep23
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 126.95 124.39 121.84 - 92.77

Conrad Industries 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.


Conrad Industries  (OTCPK:CNRD) 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.


Conrad Industries (Conrad Industries) Business Description

Traded in Other Exchanges
N/A
Address
1100 Brashear Avenue, Suite 200, Morgan City, LA, USA, 70380
Conrad Industries Inc is engaged in the construction, repair, and conversion of steel and aluminum marine vessels for commercial and governmental customers. The business activity of the firm is operated through Vessel Construction and Repair and Conversions segments. It generates maximum revenue from the Vessel Construction segment. The Vessel Construction segment involves the building of a new vessel, often including engineering and design. The Repair and Conversions segment comprises work on an existing vessel.
Executives
Myers Kenneth G Jr director, officer: President and CEO STEWART ENTERPRISES, INC., 1333 SOUTH CLEARVIEW PARKWAY, JEFFERSON LA 70121