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Hays (HAYPY) Retained Earnings : $115 Mil (As of Dec. 2023)


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What is Hays Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Hays's retained earnings for the quarter that ended in Dec. 2023 was $115 Mil.

Hays's quarterly retained earnings increased from Dec. 2022 ($160 Mil) to Jun. 2023 ($196 Mil) but then declined from Jun. 2023 ($196 Mil) to Dec. 2023 ($115 Mil).

Hays's annual retained earnings increased from Jun. 2021 ($291 Mil) to Jun. 2022 ($330 Mil) but then declined from Jun. 2022 ($330 Mil) to Jun. 2023 ($196 Mil).


Hays Retained Earnings Historical Data

The historical data trend for Hays'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.

Hays Retained Earnings Chart

Hays Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 261.98 201.50 291.45 330.30 196.21

Hays 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 378.06 330.30 160.05 196.21 114.68

Hays 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.


Hays  (OTCPK:HAYPY) 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.


Hays (HAYPY) Business Description

Traded in Other Exchanges
Address
20 Triton Street, 4th Floor, London, GBR, NW1 3BF
Hays PLC is a British staffer and recruiting agency. The company offers recruitment services for a temporary, contractor, and permanent roles in the information technology, accounting and finance, construction and property, engineering, and office support sectors. The revenue generated through fees is equally split between permanent and temporary contract types. The largest end market for Hays is Continental Europe and the rest of the world, followed by the United Kingdom and Ireland.

Hays (HAYPY) Headlines

From GuruFocus

David Herro Comments on Hays

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