Select Harvests (ASX:SHV) Retained Earnings : A$1.7 Mil (As of Mar. 2024)

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What is Select Harvests Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Select Harvests's retained earnings for the quarter that ended in Mar. 2024 was A$1.7 Mil.

Select Harvests's quarterly retained earnings declined from Mar. 2023 (A$18.4 Mil) to Sep. 2023 (A$3.8 Mil) and declined from Sep. 2023 (A$3.8 Mil) to Mar. 2024 (A$1.7 Mil).

Select Harvests's annual retained earnings declined from Sep. 2021 (A$122.0 Mil) to Sep. 2022 (A$117.1 Mil) and declined from Sep. 2022 (A$117.1 Mil) to Sep. 2023 (A$3.8 Mil).

Select Harvests Retained Earnings Historical Data

The historical data trend for Select Harvests'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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Select Harvests Retained Earnings Chart

Select Harvests Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Sep19

Sep20

Sep21

Sep22

Sep23

Retained Earnings

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133.84

111.63

121.96

117.09

3.83

Select Harvests Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Retained Earnings	Get a 7-Day Free Trial															114.34	117.09	18.44	3.83	1.70

Select Harvests 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.

Select Harvests (ASX:SHV) 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.

Select Harvests (ASX:SHV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Select Harvests Ltd (ASX:SHV) » Definitions » Retained Earnings

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SHVTF:USA H0I:Germany

Address

570-588 Swan Street, L3, Building 7, Botanicca Corporate Park, Richmond, VIC, AUS, VIC 3121

Website

https://www.selectharvests.com.au

Select Harvests Ltd engages in the processing, packaging, marketing, and distribution of edible nuts, dried fruits, seeds, and a range of natural health foods in Australia. The company operates the Food Division and Almond Division. The Food division accounts for the majority of revenue processes, markets, and distributes edible nuts, dried fruits, seeds, and a range of natural health foods. The Almond Division grows, processes, and sells almonds to the food industry from company-owned almond orchards, and provides a range of management services to external owners of almond orchards, including orchard development, tree supply, farm management, land and irrigation infrastructure rental, and the sale of almonds on behalf of external investors.