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Beston Global Food Co (ASX:BFC) Retained Earnings : A$-180.9 Mil (As of Dec. 2023)


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What is Beston Global Food Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Beston Global Food Co's retained earnings for the quarter that ended in Dec. 2023 was A$-180.9 Mil.

Beston Global Food Co's quarterly retained earnings declined from Dec. 2022 (A$-115.3 Mil) to Jun. 2023 (A$-162.1 Mil) and declined from Jun. 2023 (A$-162.1 Mil) to Dec. 2023 (A$-180.9 Mil).

Beston Global Food Co's annual retained earnings declined from Jun. 2021 (A$-91.5 Mil) to Jun. 2022 (A$-113.3 Mil) and declined from Jun. 2022 (A$-113.3 Mil) to Jun. 2023 (A$-162.1 Mil).


Beston Global Food Co Retained Earnings Historical Data

The historical data trend for Beston Global Food Co'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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Beston Global Food Co Retained Earnings Chart

Beston Global Food Co Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Retained Earnings
Get a 7-Day Free Trial -58.13 -69.71 -91.53 -113.26 -162.12

Beston Global Food Co Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -99.31 -113.26 -115.31 -162.12 -180.90

Beston Global Food Co 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.


Beston Global Food Co  (ASX:BFC) 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.


Beston Global Food Co (ASX:BFC) Business Description

Traded in Other Exchanges
N/A
Address
84 Greenhill Road, Ground Floor, Wayville, SA, AUS, 5034
Beston Global Food Co Ltd is engaged in the production and distribution of food and beverage products. The company's products include milk, yogurt, flavored milk, seafood, meat and poultry products, and health nutrition products. It operates in two segments namely the Australian Dairy, and Corporate out of which the Australian Dairy segment accounts for the majority of revenue.

Beston Global Food Co (ASX:BFC) Headlines

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