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Glanbia (Glanbia) Retained Earnings : $1,831 Mil (As of Dec. 2023)


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What is Glanbia Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Glanbia's retained earnings for the quarter that ended in Dec. 2023 was $1,831 Mil.

Glanbia's quarterly retained earnings increased from Dec. 2022 ($1,686 Mil) to Jun. 2023 ($1,752 Mil) and increased from Jun. 2023 ($1,752 Mil) to Dec. 2023 ($1,831 Mil).

Glanbia's annual retained earnings increased from Dec. 2021 ($1,669 Mil) to Dec. 2022 ($1,686 Mil) and increased from Dec. 2022 ($1,686 Mil) to Dec. 2023 ($1,831 Mil).


Glanbia Retained Earnings Historical Data

The historical data trend for Glanbia'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.

Glanbia Retained Earnings Chart

Glanbia 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 1,463.99 1,675.36 1,669.00 1,686.20 1,830.80

Glanbia Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 1,669.00 1,440.70 1,686.20 1,751.70 1,830.80

Glanbia 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.


Glanbia  (OTCPK:GLAPY) 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.


Glanbia (Glanbia) Business Description

Traded in Other Exchanges
Address
Ring Road, Glanbia House, Kilkenny, IRL, R95 E866
Meaning "pure food" in Irish, Glanbia is a global ingredient and branded performance nutrition manufacturer present in 32 countries with sales in 130 countries and over 7,500 employees. Originating in Ireland in the 1960s in the dairy processing industry, predecessor companies were initially listed in 1988 before Glanbia came into being in 1999. Production facilities are concentrated in Ireland, the U.K., Germany, the United States, and China. Glanbia processes over 6 billion liters of milk annually and is also a major producer of U.S. cheddar cheese. Glanbia generates more than 80% of its revenue in the United States.

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