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Nocopi Technologies (Nocopi Technologies) Retained Earnings : $-10.40 Mil (As of Mar. 2024)


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What is Nocopi Technologies Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Nocopi Technologies's retained earnings for the quarter that ended in Mar. 2024 was $-10.40 Mil.

Nocopi Technologies's quarterly retained earnings declined from Sep. 2023 ($-8.28 Mil) to Dec. 2023 ($-9.37 Mil) and declined from Dec. 2023 ($-9.37 Mil) to Mar. 2024 ($-10.40 Mil).

Nocopi Technologies's annual retained earnings increased from Dec. 2021 ($-9.75 Mil) to Dec. 2022 ($-7.93 Mil) but then declined from Dec. 2022 ($-7.93 Mil) to Dec. 2023 ($-9.37 Mil).


Nocopi Technologies Retained Earnings Historical Data

The historical data trend for Nocopi Technologies'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.

Nocopi Technologies Retained Earnings Chart

Nocopi Technologies 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 -10.31 -9.80 -9.75 -7.93 -9.37

Nocopi Technologies 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 -7.90 -7.82 -8.28 -9.37 -10.40

Nocopi Technologies 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.


Nocopi Technologies  (OTCPK:NNUP) 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.


Nocopi Technologies (Nocopi Technologies) Business Description

Traded in Other Exchanges
N/A
Address
480 Shoemaker Road, Suite 104, King of Prussia, PA, USA, 19406
Nocopi Technologies Inc develops and markets specialty reactive inks. Its main business activities are the development and distribution of document security products and the licensing of its patented reactive ink technologies for the entertainment and toy and the document and product authentication markets in the United States and foreign countries. Its primary geographic markets are North America, South America, Europe, Asia, and Australia. Geographically, the company receives maximum revenue from Asia.
Executives
Frost Gamma Investments Trust 10 percent owner 4400 BISCAYNE BLVD, MIAMI FL 33137
Frost Phillip Md Et Al 10 percent owner 4400 BISCAYNE BLVD, MIAMI FL 33137-3227
Matthew C. Winger director, officer: EVP - Corporate Development 4400 BISCAYNE BLVD, MIAMI FL 33137
Jacqueline Joy Goldman director 6000 SAN JOSE BLVD., UNIT 705, JACKSONVILLE FL 32217
Michael Liebowitz 10 percent owner 4400 BISCAYNE BLVD, 10TH FLOOR, MIAMI FL 33137
Debra Elyse Glickman officer: Chief Financial Officer 21 BARSTOW ROAD, APT. 6L, GREAT NECK NY 11021
Joseph S Steinberg 10 percent owner C/O LEUCADIA NATIONAL CORP, 315 PARK AVENUE SOUTH, NEW YORK NY 10010
Howard Timothy Eriksen 10 percent owner 567 WILDROSE CIRCLE, LYNDEN WA 98264
Joseph Kevin Raymond director 480 SHOEMAKER RD., KING OF PRUSSIA PA 19406
Michael Feinstein director, officer: Chairman and CEO
Philip White director 13519 MADISON AVENUE, OCEAN CITY MD 21842
Marc Rash director C/O NOCOPI TECHNOLOGIES, INC., 480 SHOEMAKER ROAD, STE 104, KING OF PRUSSIA PA 19406
Terry Stovold officer: Chief Operating Officer C/O NOCOPI TECHNOLOGIES, INC., 480 SHOEMAKER ROAD, STE 104, KING OF PRUSSIA PA 19406
William Ward Carey director 12 FIELDVIEW LANE, EAST HAMPTON NY 11937
Curtis William Patrick Jr director 225 STATE ROAD, MEDIA PA 19063

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