undistributed profits

(redirected from Undivided Profits)

Undistributed Profits

The amount of a publicly-traded company's post-tax earnings that are not paid in dividends. Most earnings retained are re-invested into the company's operations. Year-on-year tracking of the ratio of undistributed profits to dividends is important to fundamental analysis to investigate whether a company is increasing or decreasing its rate of re-investment. Undistributed profits form part of a company's equity, and are owned by shareholders. They are also called retained earnings, accumulated profits, undivided profits, and earned surplus.

undistributed profits

undistributed profits

see RETAINED PROFIT.

undistributed profits

see RETAINED PROFITS.
References in periodicals archive ?
17 million); finally mounting income tax from undivided profits weakened growth of economy of scale.
In that situation, the language of the Bill states that "the creditor corporation is allowed to deduct from the total of its capital, surplus, and undivided profits the amount of any debt owed to it by a parent, subsidiary, or affiliated corporation to the extent that the debt has been included in the tax base of the parent, subsidiary, or affiliated debtor corporation reporting for taxation under the provision to this section.
prior to applying the tax rate) by using the highest of three amounts: (1) total capital stock, surplus and undivided profits apportioned to North Carolina; (2) 55% of the appraised value of all real and tangible personal property in the State; and (3) the total actual investment in tangible property in the State.
Aki's recent Senate Bill 1756 would order newspapers to submit a form revealing their assets and liabilities, all sustained losses, expenses and taxes paid (including all compensation paid to each officer, editor and publisher), gross earnings, undivided profits and dividends paid.
For example, a Delaware bank may not count its bank capital and surplus as part of the mandated capital and reserves for its insurance operations, nor may it allocate more than 25 percent of its total capital, surplus and undivided profits in the aggregate to all of its insurance divisions and subsidiaries.
expects to record a reduction in undivided profits of approximately $463,000 in the fourth quarter of 2009 associated with accelerated discount accretion related to the difference between the amount at which the Preferred Stock sale was initially recorded and its redemption price.
00 par value, 5,000,000 shares authorized; 2,116,250 and 2,090,250 shares issued and outstanding at March 31, 2006 and 2005, respectively 2,116 2,090 Additional paid-in capital 10,230 9,679 Undivided profits 38,496 34,642 Accumulated other comprehensive loss (1,335) (1,298) Total stockholders' equity 49,507 45,113 Total liabilities and stockholders' equity $ 642,097 $ 562,328 Book value per share $ 23.
05 of the Indenture provides that a Trustee shall be a bank or trust company having its principal office in the State of Texas or elsewhere and having capital, surplus and undivided profits of at least $100,000,000.
00 par value, 5,000,000 shares authorized; 2,090,250 and 2,080,250 shares issued and outstanding at March 31, 2005 and 2004, respectively 2,090 2,080 Additional paid-in capital 9,679 9,462 Undivided profits 34,642 30,686 Accumulated other comprehensive (loss) (1,298) (24) Total stockholders' equity 45,113 42,204 Total liabilities and stockholders' equity $562,328 $489,447 Book value per share $ 21.
The authors of [8] cite the ratio of undivided profit to owned capital as an indicator of life cycle phase.
According to the pecking order theory, this is because management prioritized undivided profit over issuing shares or bonds during financing because of high flotation costs.