Sygnia (JSE:SYG) Retained Earnings : R352.4 Mil (As of Mar. 2024)

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What is Sygnia Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Sygnia's retained earnings for the quarter that ended in Mar. 2024 was R352.4 Mil.

Sygnia's quarterly retained earnings increased from Mar. 2023 (R355.5 Mil) to Sep. 2023 (R386.2 Mil) but then declined from Sep. 2023 (R386.2 Mil) to Mar. 2024 (R352.4 Mil).

Sygnia's annual retained earnings increased from Sep. 2021 (R366.2 Mil) to Sep. 2022 (R413.0 Mil) but then declined from Sep. 2022 (R413.0 Mil) to Sep. 2023 (R386.2 Mil).

Sygnia Retained Earnings Historical Data

The historical data trend for Sygnia'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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Sygnia Retained Earnings Chart

Sygnia Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Retained Earnings

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209.09

308.13

366.15

412.96

386.20

Sygnia Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Retained Earnings	Get a 7-Day Free Trial															384.99	412.96	355.49	386.20	352.37

Sygnia 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.

Sygnia (JSE:SYG) 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.

Sygnia Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Sygnia Ltd (JSE:SYG) » Definitions » Retained Earnings

Traded in Other Exchanges

N/A

Address

Cardiff Street, Green Point, 7th Floor, The Foundry, Cape Town, WC, ZAF, 8001

Website

https://www.sygnia.co.za

Sygnia Ltd is a specialist financial services company. The company provides investment management and administration solutions to institutional and retail clients located predominantly in South Africa. Its main investment services include domestic and international multi-manager and index-tracking products, customized investment design and management, transition management, and investment administration services. The company operates in Cape Town, Johannesburg, Durban, London.

Sygnia Headlines

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