Scorpio Tankers (STNG)
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9.16
+0.01 +0.11%
NYSE
May 23, 10:37AM
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Scorpio Tankers Retained Earnings Quarterly YoY Growth
Scorpio Tankers Historical Retained Earnings Quarterly YoY Growth Data
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| Data for this Date Range | |
|---|---|
| Sept. 30, 2011 | -29.96% |
| June 30, 2011 | 145.1% |
About Retained Earnings Growth
Retained Earnings Growth is the percent increase/decrease of a company's retained net income over time. A company can use retained earnings to maintain current operations, or to invest in new ventures. Generally speaking, retained earnings growth is accompanied by subsequent increases in sales and profitability.
If a company's retained earnings at the end of 2008 were $12 million, and by the end of 2009 the company's retained earnings increased to $15 million, the company experienced a retained earnings growth of 25%.
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STNG Retained Earnings Quarterly YoY Growth Benchmarks
| Companies | |
|---|---|
| Tsakos Energy Navigation | |
| DryShips | -94.64% |
| Ship Finance International | 13.28% |
STNG Retained Earnings Quarterly YoY Growth Range, Past 5 Years
| Minimum | -29.96% | Sep 2011 |
| Maximum | 145.1% | Jun 2011 |
| Average | 57.59% |
