GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Growthpoint Properties Ltd (JSE:GRT) » Definitions » Retained Earnings

Growthpoint Properties (JSE:GRT) Retained Earnings : R5,463 Mil (As of Dec. 2023)


View and export this data going back to 1987. Start your Free Trial

What is Growthpoint Properties Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Growthpoint Properties's retained earnings for the quarter that ended in Dec. 2023 was R5,463 Mil.

Growthpoint Properties's quarterly retained earnings increased from Dec. 2022 (R4,985 Mil) to Jun. 2023 (R5,393 Mil) and increased from Jun. 2023 (R5,393 Mil) to Dec. 2023 (R5,463 Mil).

Growthpoint Properties's annual retained earnings increased from Jun. 2021 (R3,739 Mil) to Jun. 2022 (R4,712 Mil) and increased from Jun. 2022 (R4,712 Mil) to Jun. 2023 (R5,393 Mil).


Growthpoint Properties Retained Earnings Historical Data

The historical data trend for Growthpoint Properties'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.

Growthpoint Properties Retained Earnings Chart

Growthpoint Properties 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 3,336.00 2,295.00 3,739.00 4,712.00 5,393.00

Growthpoint Properties 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 4,199.00 4,712.00 4,985.00 5,393.00 5,463.00

Growthpoint Properties 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.


Growthpoint Properties  (JSE:GRT) 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.


Growthpoint Properties (JSE:GRT) Business Description

Traded in Other Exchanges
Address
The Place, 1 Sandton Drive, PO Box 78949, Sandton, GT, ZAF, 2196
Growthpoint Properties Ltd is a property investment holding company engaged in the ownership of a variety of properties in South Africa and Australia. The company generates majority of its revenue from the Retail and office segments. These buildings, which are mainly office parks and low rises, are also Growthpoint's maximum valuable real estate assets. The operating segments of the company include Retail, Office, Industrial, Trading and Development, V&A Waterfront, Healthcare (GHPH), Student Accommodation (GSAH), Lango, GWI, GOZ and C&R.

Growthpoint Properties (JSE:GRT) Headlines

No Headlines