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Stealth Group Holdings (ASX:SGI) Retained Earnings : A$2.4 Mil (As of Dec. 2023)


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What is Stealth Group Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Stealth Group Holdings's retained earnings for the quarter that ended in Dec. 2023 was A$2.4 Mil.

Stealth Group Holdings's quarterly retained earnings increased from Dec. 2022 (A$1.4 Mil) to Jun. 2023 (A$2.0 Mil) and increased from Jun. 2023 (A$2.0 Mil) to Dec. 2023 (A$2.4 Mil).

Stealth Group Holdings's annual retained earnings increased from Jun. 2021 (A$0.5 Mil) to Jun. 2022 (A$1.1 Mil) and increased from Jun. 2022 (A$1.1 Mil) to Jun. 2023 (A$2.0 Mil).


Stealth Group Holdings Retained Earnings Historical Data

The historical data trend for Stealth Group Holdings'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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Stealth Group Holdings Retained Earnings Chart

Stealth Group Holdings Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23
Retained Earnings
-0.22 -0.08 0.48 1.07 1.97

Stealth Group Holdings Semi-Annual Data
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 0.49 1.07 1.38 1.97 2.43

Stealth Group Holdings 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.


Stealth Group Holdings  (ASX:SGI) 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.


Stealth Group Holdings (ASX:SGI) Business Description

Traded in Other Exchanges
N/A
Address
43 Cedric Street, Stirling, WA, AUS, 6021
Stealth Group Holdings Ltd is an Australia based supplier and distributor of safety, industrial, healthcare and workplace consumables products. It is also a provider of supply chain solutions, with a focus on industrial, trade and consumer retail customer markets. The company's geographical segment includes Australia and International market. It derives a majority of revenue from Australia. Products offered by the company include clothing, footwear, first aid, medical consumables, workplace safety, disposable wipes, drilling, automotive and other industrial supplies and others.

Stealth Group Holdings (ASX:SGI) Headlines

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