GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Whitehaven Coal Ltd (ASX:WHC) » Definitions » Retained Earnings

Whitehaven Coal (ASX:WHC) Retained Earnings : A$3,493 Mil (As of Dec. 2023)


View and export this data going back to 2007. Start your Free Trial

What is Whitehaven Coal Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Whitehaven Coal's retained earnings for the quarter that ended in Dec. 2023 was A$3,493 Mil.

Whitehaven Coal's quarterly retained earnings increased from Dec. 2022 (A$2,974 Mil) to Jun. 2023 (A$3,589 Mil) but then declined from Jun. 2023 (A$3,589 Mil) to Dec. 2023 (A$3,493 Mil).

Whitehaven Coal's annual retained earnings increased from Jun. 2021 (A$-315 Mil) to Jun. 2022 (A$1,560 Mil) and increased from Jun. 2022 (A$1,560 Mil) to Jun. 2023 (A$3,589 Mil).


Whitehaven Coal Retained Earnings Historical Data

The historical data trend for Whitehaven Coal'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.

Whitehaven Coal Retained Earnings Chart

Whitehaven Coal Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 526.34 225.15 -314.76 1,559.87 3,588.50

Whitehaven Coal Semi-Annual Data
Jun14 Dec14 Jun15 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 Premium Member Only Premium Member Only Premium Member Only 28.45 1,559.87 2,974.24 3,588.50 3,492.63

Whitehaven Coal 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.


Whitehaven Coal  (ASX:WHC) 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.


Whitehaven Coal (ASX:WHC) Business Description

Traded in Other Exchanges
Address
259 George Street, Level 28, Sydney, NSW, AUS, 2000
Whitehaven Coal is a large Australian independent thermal and semisoft metallurgical coal miner with mines in the Gunnedah Basin, New South Wales. It also owns the large Vickery and Winchester South deposits in New South Wales and Queensland, respectively. Coal is railed to ports in Newcastle for export to Asian customers. It has agreed to buy Blackwater and Daunia, two coking coal mines in Queensland, from BHP and Mitsubishi, effective mid-2024. Along with expanded production at Maules Creek and Narrabri, this should see its share of salable coal production approach 36 million metric tons from fiscal 2028, from about 13 million in fiscal 2023. Development of Vickery could see around 7 million metric tons of extra equity production, with first output likely from about 2025 in our view.

Whitehaven Coal (ASX:WHC) Headlines

No Headlines