Shyft Retained Earnings from 2010 to 2024

SHYF Stock  USD 12.64  0.12  0.94%   
Shyft's Retained Earnings are increasing over the last several years with slightly volatile swings. Retained Earnings are estimated to finish at about 166.4 M this year. Retained Earnings is the cumulative amount of net income that Shyft Group retains for reinvestment in its operations, rather than distributing it to shareholders as dividends. View All Fundamentals
 
Retained Earnings  
First Reported
1985-12-31
Previous Quarter
158.5 M
Current Value
152 M
Quarterly Volatility
46.2 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Shyft financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Shyft's main balance sheet or income statement drivers, such as Depreciation And Amortization of 17.8 M, Interest Expense of 6.2 M or Total Revenue of 915.8 M, as well as many indicators such as Price To Sales Ratio of 0.72, Dividend Yield of 0.0107 or PTB Ratio of 2.74. Shyft financial statements analysis is a perfect complement when working with Shyft Valuation or Volatility modules.
  
Check out the analysis of Shyft Correlation against competitors.

Latest Shyft's Retained Earnings Growth Pattern

Below is the plot of the Retained Earnings of Shyft Group over the last few years. It is the cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends. Shyft's Retained Earnings historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Shyft's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 158.46 M10 Years Trend
Slightly volatile
   Retained Earnings   
       Timeline  

Shyft Retained Earnings Regression Statistics

Arithmetic Mean107,799,670
Geometric Mean85,054,210
Coefficient Of Variation42.39
Mean Deviation32,757,337
Median103,571,000
Standard Deviation45,697,786
Sample Variance2088.3T
Range173.4M
R-Value0.77
Mean Square Error932.4T
R-Squared0.59
Significance0.0009
Slope7,818,126
Total Sum of Squares29236T

Shyft Retained Earnings History

2024166.4 M
2023158.5 M
2022175.6 M
2021171.4 M
2020109.3 M
201986.8 M
2018103.6 M

Other Fundumenentals of Shyft Group

Shyft Retained Earnings component correlations

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About Shyft Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Shyft income statement, its balance sheet, and the statement of cash flows. Shyft investors use historical funamental indicators, such as Shyft's Retained Earnings, to determine how well the company is positioned to perform in the future. Although Shyft investors may use each financial statement separately, they are all related. The changes in Shyft's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Shyft's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Shyft Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Shyft. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Retained Earnings158.5 M166.4 M
Retained Earnings Total Equity202 M167.3 M

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Additional Information and Resources on Investing in Shyft Stock

When determining whether Shyft Group is a strong investment it is important to analyze Shyft's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Shyft's future performance. For an informed investment choice regarding Shyft Stock, refer to the following important reports:
Check out the analysis of Shyft Correlation against competitors.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Shyft. If investors know Shyft will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Shyft listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.73)
Dividend Share
0.2
Revenue Per Share
23.936
Quarterly Revenue Growth
(0.19)
Return On Assets
0.0013
The market value of Shyft Group is measured differently than its book value, which is the value of Shyft that is recorded on the company's balance sheet. Investors also form their own opinion of Shyft's value that differs from its market value or its book value, called intrinsic value, which is Shyft's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Shyft's market value can be influenced by many factors that don't directly affect Shyft's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Shyft's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shyft is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shyft's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.