GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Adept Technology Group PLC (LSE:ADT) » Definitions » Retained Earnings

Adept Technology Group (LSE:ADT) Retained Earnings : £4.18 Mil (As of Sep. 2022)


View and export this data going back to 2006. Start your Free Trial

What is Adept Technology Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Adept Technology Group's retained earnings for the quarter that ended in Sep. 2022 was £4.18 Mil.

Adept Technology Group's quarterly retained earnings declined from Sep. 2021 (£8.62 Mil) to Mar. 2022 (£4.43 Mil) and declined from Mar. 2022 (£4.43 Mil) to Sep. 2022 (£4.18 Mil).

Adept Technology Group's annual retained earnings declined from Mar. 2020 (£10.38 Mil) to Mar. 2021 (£9.66 Mil) and declined from Mar. 2021 (£9.66 Mil) to Mar. 2022 (£4.43 Mil).


Adept Technology Group Retained Earnings Historical Data

The historical data trend for Adept Technology 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.

* Premium members only.

Adept Technology Group Retained Earnings Chart

Adept Technology Group Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.17 11.79 10.38 9.66 4.43

Adept Technology Group Semi-Annual Data
Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22
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 10.08 9.66 8.62 4.43 4.18

Adept Technology 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.


Adept Technology Group  (LSE:ADT) 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.


Adept Technology Group (LSE:ADT) Business Description

Traded in Other Exchanges
N/A
Address
77 Mount Ephraim, Tunbridge Wells, Kent, GBR, TN4 8BS
Adept Technology Group PLC is an independent provider offering a unified communications portfolio of fixed-line calls, line rental, mobile, data connectivity, hardware, managed services, WiFi, IP telephony and IT services to thousands of business and residential customers across the UK. It offers flexible technical and commercial options for onsite and cloud-based telephony and managed services. The company operates in the Fixed-line services segment that provides calls and line rental services and Managed services that offer data connectivity, hardware services, IP telephony, support and maintenance services.

Adept Technology Group (LSE:ADT) Headlines