Seafarms Group (ASX:SFG) Retained Earnings : A$-287.04 Mil (As of Dec. 2023)

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What is Seafarms Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Seafarms Group's retained earnings for the quarter that ended in Dec. 2023 was A$-287.04 Mil.

Seafarms Group's quarterly retained earnings declined from Dec. 2022 (A$-278.32 Mil) to Jun. 2023 (A$-281.03 Mil) and declined from Jun. 2023 (A$-281.03 Mil) to Dec. 2023 (A$-287.04 Mil).

Seafarms Group's annual retained earnings declined from Jun. 2021 (A$-179.41 Mil) to Jun. 2022 (A$-264.84 Mil) and declined from Jun. 2022 (A$-264.84 Mil) to Jun. 2023 (A$-281.03 Mil).

Seafarms Group Retained Earnings Historical Data

The historical data trend for Seafarms Group'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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Seafarms Group Retained Earnings Chart

Seafarms Group Annual Data

Trend

Sep13

Sep14

Sep15

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Retained Earnings

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-127.56

-153.65

-179.41

-264.84

-281.03

Seafarms Group Semi-Annual Data
	Sep13	Mar14	Sep14	Mar15	Sep15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Retained Earnings	Get a 7-Day Free Trial															-216.29	-264.84	-278.32	-281.03	-287.04

Seafarms Group 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.

Seafarms Group (ASX:SFG) 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.

Seafarms Group (ASX:SFG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Seafarms Group Ltd (ASX:SFG) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

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Address

66 Smith Street, Level 6, Darwin, NT, AUS, 0800

Website

https://www.seafarms.com.au

Seafarms Group Ltd is an Australian agri-food company engaged in providing production platforms for producing high-quality seafood. The company's operating segment include Aquaculture and others. It generates maximum revenue from the Aquaculture segment. The company's project includes Sea Dragon and operates a black tiger and banana prawn aquaculture business located in North Queensland. Its product profile includes crystal bay prawns and crystal bay tigers.

Seafarms Group (ASX:SFG) Headlines

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