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Retail Food Group (ASX:RFG) Retained Earnings : A$-439.4 Mil (As of Dec. 2023)


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What is Retail Food Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Retail Food Group's retained earnings for the quarter that ended in Dec. 2023 was A$-439.4 Mil.

Retail Food Group's quarterly retained earnings declined from Dec. 2022 (A$-439.3 Mil) to Jun. 2023 (A$-445.0 Mil) but then increased from Jun. 2023 (A$-445.0 Mil) to Dec. 2023 (A$-439.4 Mil).

Retail Food Group's annual retained earnings increased from Jun. 2021 (A$-443.5 Mil) to Jun. 2022 (A$-439.3 Mil) but then declined from Jun. 2022 (A$-439.3 Mil) to Jun. 2023 (A$-445.0 Mil).


Retail Food Group Retained Earnings Historical Data

The historical data trend for Retail Food Group'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.

Retail Food Group Retained Earnings Chart

Retail Food Group 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 -449.41 -445.71 -443.48 -439.30 -444.96

Retail Food Group 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 -438.89 -439.30 -439.30 -444.96 -439.44

Retail Food Group 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.


Retail Food Group  (ASX:RFG) 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.


Retail Food Group (ASX:RFG) Business Description

Traded in Other Exchanges
Address
35 Robina Town Centre Drive, Level 4, Robina, QLD, AUS, 4226
Retail Food Group Ltd owns, operates, and franchises restaurants primarily located in Australia. Retail Food Group's brands include Donut King, Michel's Patisserie, Brumby's Bakery, Esquires Coffee Houses, Gloria Jean's Coffees, Pizza Capers Gourmet Kitchen, and Crust Gourmet Pizza. The company generates roughly half its revenue from restaurants that it directly operates. Its major source of revenue is from franchise agreements. The Group's primary revenue streams include revenue from the sales of goods, revenue from the sale of franchise agreements, revenue from the sale of distribution rights, operating lease income, and other sources. Its segment is Bakery/Café Division, QSR Division, Coffee Retail Division and Di Bella Coffee. It generates maximum revenue from Coffee Retail Division.

Retail Food Group (ASX:RFG) Headlines