GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Reliant Holdings Inc (OTCPK:RELT) » Definitions » Retained Earnings

Reliant Holdings (Reliant Holdings) Retained Earnings : $-0.15 Mil (As of Mar. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Reliant Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Reliant Holdings's retained earnings for the quarter that ended in Mar. 2024 was $-0.15 Mil.

Reliant Holdings's quarterly retained earnings increased from Sep. 2023 ($-0.38 Mil) to Dec. 2023 ($-0.28 Mil) and increased from Dec. 2023 ($-0.28 Mil) to Mar. 2024 ($-0.15 Mil).

Reliant Holdings's annual retained earnings increased from Dec. 2021 ($-0.65 Mil) to Dec. 2022 ($-0.31 Mil) and increased from Dec. 2022 ($-0.31 Mil) to Dec. 2023 ($-0.28 Mil).


Reliant Holdings Retained Earnings Historical Data

The historical data trend for Reliant Holdings'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.

Reliant Holdings Retained Earnings Chart

Reliant Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial 0.10 -0.21 -0.65 -0.31 -0.28

Reliant Holdings 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 -0.28 -0.34 -0.38 -0.28 -0.15

Reliant Holdings 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.


Reliant Holdings  (OTCPK:RELT) 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.


Reliant Holdings (Reliant Holdings) Business Description

Traded in Other Exchanges
N/A
Address
12343 Hymeadow Drive, Suite 3-A, Austin, TX, USA, 78750
Reliant Holdings Inc, through its subsidiary, is involved in assisting customers with the design of, and then construction, recreational pools that blend in with the surroundings, geometric pools that complement the home's architecture and water features. The company builds Freeform Pool and Geometric Pool, concrete pools, and in-ground residential swimming pools. It also offers cleaning, treating, maintenance, and repair services to pools and spas.
Executives
Miguel Chavez 10 percent owner 10012 BARBROOK DR, AUSTIN TX 78726
Elijah May director, 10 percent owner, officer: President, CEO and COO 8400 JAMESTOWN DR. UNIT 422, AUSTIN TX 78758
Rebecca Spohn Donovan 10 percent owner 6501 SAN ANTONIO DR. NE #2403, ALBUQUERQUE NM 87109

Reliant Holdings (Reliant Holdings) Headlines

From GuruFocus

Reliant Holdings Reports Another Exceptional Year

By ACCESSWIRE ACCESSWIRE 01-18-2022

Reliant Holdings Establishes New Division, Reliant Solar Energy

By Marketwired Marketwired 09-28-2021