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Knights Group Holdings (LSE:KGH) Retained Earnings : £24.2 Mil (As of Oct. 2023)


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What is Knights Group Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Knights Group Holdings's retained earnings for the quarter that ended in Oct. 2023 was £24.2 Mil.

Knights Group Holdings's quarterly retained earnings increased from Oct. 2022 (£16.4 Mil) to Apr. 2023 (£20.9 Mil) and increased from Apr. 2023 (£20.9 Mil) to Oct. 2023 (£24.2 Mil).

Knights Group Holdings's annual retained earnings declined from Apr. 2021 (£17.7 Mil) to Apr. 2022 (£14.8 Mil) but then increased from Apr. 2022 (£14.8 Mil) to Apr. 2023 (£20.9 Mil).


Knights Group Holdings Retained Earnings Historical Data

The historical data trend for Knights 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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Knights Group Holdings Retained Earnings Chart

Knights Group Holdings Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Retained Earnings
Get a 7-Day Free Trial 10.16 13.07 17.69 14.76 20.88

Knights Group Holdings Semi-Annual Data
Apr16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 16.39 14.76 16.40 20.88 24.17

Knights 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.


Knights Group Holdings  (LSE:KGH) 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.


Knights Group Holdings (LSE:KGH) Business Description

Traded in Other Exchanges
Address
The Brampton, Newcastle-Under-Lyme, Staffordshire, GBR, ST5 0QW
Knights Group Holdings PLC is engaged in providing regional legal and professional service businesses. The group provides corporate and commercial legal services at scale and across a broad sector basis, like the larger national law firms. The company generates fee income across various individual departments, which includes niche areas to service the specific needs of its clients. Its service lines include real estate, Dispute Resolution, Corporate, Employment, CL Medilaw, and private client.

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