Wingara AG (ASX:WNR) Retained Earnings : A$-27.71 Mil (As of Mar. 2024)

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What is Wingara AG Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Wingara AG's retained earnings for the quarter that ended in Mar. 2024 was A$-27.71 Mil.

Wingara AG's quarterly retained earnings declined from Mar. 2023 (A$-23.53 Mil) to Sep. 2023 (A$-26.77 Mil) and declined from Sep. 2023 (A$-26.77 Mil) to Mar. 2024 (A$-27.71 Mil).

Wingara AG's annual retained earnings declined from Mar. 2022 (A$-20.00 Mil) to Mar. 2023 (A$-23.53 Mil) and declined from Mar. 2023 (A$-23.53 Mil) to Mar. 2024 (A$-27.71 Mil).

Wingara AG Retained Earnings Historical Data

The historical data trend for Wingara AG'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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Wingara AG Retained Earnings Chart

Wingara AG Annual Data

Trend

Jun14

Jun15

Jun16

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Retained Earnings

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-4.26

-10.39

-20.00

-23.53

-27.71

Wingara AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Retained Earnings	Get a 7-Day Free Trial															-20.00	-20.17	-23.53	-26.77	-27.71

Wingara AG 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.

Wingara AG (ASX:WNR) 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.

Wingara AG (ASX:WNR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Wingara AG Ltd (ASX:WNR) » Definitions » Retained Earnings

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Traded in Other Exchanges

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Address

10 Oxley Road Hawthorn, Level 1, Laverton, VIC, AUS, 3122

Website

https://www.wingaraag.com.au

Wingara AG Ltd operates as a processor and marketer of agricultural products in Australia. The Group operates in two segments: Acting as a processor and marketer of agricultural products (fodder business) and also Acting as a service provider for manufacturers, providing temperature-controlled facilities, blast freezing, storage, and distribution. The company generates maximum revenue from the fodder business.