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Country Road (ASX:CTY) Retained Earnings : A$58.3 Mil (As of Dec. 2013)


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What is Country Road Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Country Road's retained earnings for the quarter that ended in Dec. 2013 was A$58.3 Mil.

Country Road's quarterly retained earnings increased from Dec. 2012 (A$46.8 Mil) to Jun. 2013 (A$65.8 Mil) but then declined from Jun. 2013 (A$65.8 Mil) to Dec. 2013 (A$58.3 Mil).

Country Road's annual retained earnings increased from Jun. 2011 (A$22.7 Mil) to Jun. 2012 (A$24.7 Mil) and increased from Jun. 2012 (A$24.7 Mil) to Jun. 2013 (A$65.8 Mil).


Country Road Retained Earnings Historical Data

The historical data trend for Country Road'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.

Country Road Retained Earnings Chart

Country Road Annual Data
Trend Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.77 10.90 22.72 24.66 65.81

Country Road Semi-Annual Data
Jun04 Dec04 Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13
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 24.32 24.66 46.77 65.81 58.33

Country Road 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.


Country Road  (ASX:CTY) 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.


Country Road (ASX:CTY) Business Description

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Country Road Limited is involved in the retail of fashion apparel, accessories, home wares and home furnishings. It offers dresses, jackets and coats, jeans, cosmetic bags, belts, handbags, hats and gloves, bath products, among others.

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