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Argo Global Listed Infrastructure (ASX:ALI) Retained Earnings : A$10.87 Mil (As of Dec. 2023)


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What is Argo Global Listed Infrastructure Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Argo Global Listed Infrastructure's retained earnings for the quarter that ended in Dec. 2023 was A$10.87 Mil.

Argo Global Listed Infrastructure's quarterly retained earnings increased from Dec. 2022 (A$6.39 Mil) to Jun. 2023 (A$14.72 Mil) but then declined from Jun. 2023 (A$14.72 Mil) to Dec. 2023 (A$10.87 Mil).

Argo Global Listed Infrastructure's annual retained earnings declined from Jun. 2021 (A$10.15 Mil) to Jun. 2022 (A$5.09 Mil) but then increased from Jun. 2022 (A$5.09 Mil) to Jun. 2023 (A$14.72 Mil).


Argo Global Listed Infrastructure Retained Earnings Historical Data

The historical data trend for Argo Global Listed Infrastructure'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.

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Argo Global Listed Infrastructure Retained Earnings Chart

Argo Global Listed Infrastructure Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Retained Earnings
Get a 7-Day Free Trial 0.67 -8.65 10.15 5.09 14.72

Argo Global Listed Infrastructure Semi-Annual Data
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 21.14 5.09 6.39 14.72 10.87

Argo Global Listed Infrastructure 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.


Argo Global Listed Infrastructure  (ASX:ALI) 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.


Argo Global Listed Infrastructure (ASX:ALI) Business Description

Traded in Other Exchanges
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Address
91 King William Street, Level 25, Adelaide, SA, AUS, 5000
Argo Global Listed Infrastructure Ltd is an investment company, which manages a portfolio of global listed securities in the Infrastructure sector. The business objective of the company is to provide a total return for long-term investors consisting of capital growth and dividend income, from a global listed infrastructure portfolio which can provide diversification benefits for Australian investors. The company derives its revenue from its international investment portfolio through the receipt of dividends, distributions, interest and any profits on the revaluation or sale of its investments.

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