PFPLF (Propel Funeral Partners) Retained Earnings : $-17.7 Mil (As of Jun. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Propel Funeral Partners Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Propel Funeral Partners's retained earnings for the quarter that ended in Jun. 2024 was $-17.7 Mil.

Propel Funeral Partners's quarterly retained earnings increased from Jun. 2023 ($-17.7 Mil) to Dec. 2023 ($-17.6 Mil) but then declined from Dec. 2023 ($-17.6 Mil) to Jun. 2024 ($-17.7 Mil).

Propel Funeral Partners's annual retained earnings increased from Jun. 2022 ($-20.9 Mil) to Jun. 2023 ($-17.7 Mil) and increased from Jun. 2023 ($-17.7 Mil) to Jun. 2024 ($-17.7 Mil).

Propel Funeral Partners Retained Earnings Historical Data

The historical data trend for Propel Funeral Partners'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.

Propel Funeral Partners Retained Earnings Chart

Propel Funeral Partners Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Retained Earnings

Get a 7-Day Free Trial

-13.06

-12.54

-20.86

-17.73

-17.72

Propel Funeral Partners Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Retained Earnings	Get a 7-Day Free Trial									-20.86	-18.10	-17.73	-17.61	-17.72

Propel Funeral Partners 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.

Propel Funeral Partners (OTCPK:PFPLF) 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.

Propel Funeral Partners Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Propel Funeral Partners Ltd (OTCPK:PFPLF) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

PFP:Australia

Address

135 King Street, Level 18.03, Sydney, NSW, AUS, 2000

Website

https://www.propelfuneralpartners.com.au

Propel Funeral Partners Ltd is an Australia-based company engaged in the provision of death care services. The company owns funeral homes, cremation facilities, cemeteries, and related infrastructure in Queensland, New South Wales, Victoria, Tasmania, South Australia, Western Australia, Australian Capital Territory, and New Zealand. It offers a range of services and products across death care such as tailored to personal, religious, or ethnic preferences. The Group is organized into two geographic segments, Australian operations, and New Zealand operations, both of which operate in the death care-related services industry. The Group generates the majority of its revenue from the Australia operations.