Beacon Energy (LSE:BCE) Retained Earnings : £-42.33 Mil (As of Jun. 2023)

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What is Beacon Energy Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Beacon Energy's retained earnings for the quarter that ended in Jun. 2023 was £-42.33 Mil.

Beacon Energy's quarterly retained earnings declined from Apr. 2022 (£-37.61 Mil) to Oct. 2022 (£-43.75 Mil) but then increased from Oct. 2022 (£-43.75 Mil) to Jun. 2023 (£-42.33 Mil).

Beacon Energy's annual retained earnings declined from Apr. 2019 (£-13.16 Mil) to Apr. 2020 (£-14.82 Mil) and declined from Apr. 2020 (£-14.82 Mil) to Apr. 2021 (£-15.35 Mil).

Beacon Energy Retained Earnings Historical Data

The historical data trend for Beacon Energy'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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Beacon Energy Retained Earnings Chart

Beacon Energy Annual Data

Trend

Apr12

Apr13

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Retained Earnings

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-9.58

-9.45

-13.16

-14.82

-15.35

Beacon Energy Semi-Annual Data
	Oct13	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Jun23
Retained Earnings	Get a 7-Day Free Trial															-15.35	-17.35	-37.61	-43.75	-42.33

Beacon Energy 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.

Beacon Energy (LSE:BCE) 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.

Beacon Energy (LSE:BCE) Business Description

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BZP:Germany

Address

55 Athol Street, Douglas, IMN, IM1 1LA

Website

https://www.beaconenergyplc.com

Beacon Energy PLC is an international upstream oil & gas company with a fresh approach.

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