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Just Energy Group (Just Energy Group) Retained Earnings : $-1,133 Mil (As of Sep. 2022)


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What is Just Energy Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Just Energy Group's retained earnings for the quarter that ended in Sep. 2022 was $-1,133 Mil.

Just Energy Group's quarterly retained earnings increased from Mar. 2022 ($-1,088 Mil) to Jun. 2022 ($-927 Mil) but then declined from Jun. 2022 ($-927 Mil) to Sep. 2022 ($-1,133 Mil).

Just Energy Group's annual retained earnings declined from Mar. 2020 ($-1,276 Mil) to Mar. 2021 ($-1,767 Mil) but then increased from Mar. 2021 ($-1,767 Mil) to Mar. 2022 ($-1,088 Mil).


Just Energy Group Retained Earnings Historical Data

The historical data trend for Just Energy 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.

Just Energy Group Retained Earnings Chart

Just Energy Group Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -882.85 -1,103.79 -1,275.95 -1,766.65 -1,088.12

Just Energy Group Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 -1,262.47 -1,372.16 -1,088.12 -927.49 -1,133.09

Just Energy 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.


Just Energy Group  (OTCPK:JE) 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.


Just Energy Group (Just Energy Group) Business Description

Traded in Other Exchanges
N/A
Address
100 King Street West, Suite 2630, First Canadian Place, Toronto, ON, CAN, M5X 1E1
Just Energy Group Inc is a retail energy provider specializing in electricity and natural gas commodities and bringing energy-efficient solutions and renewable energy options to customers. Geographically, the company is operating in the United States and Canada, Just Energy serves residential and commercial customers.

Just Energy Group (Just Energy Group) Headlines

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