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Mallett (LSE:MAEA) Retained Earnings : £6.82 Mil (As of Jun. 2014)


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What is Mallett Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Mallett's retained earnings for the quarter that ended in Jun. 2014 was £6.82 Mil.

Mallett's quarterly retained earnings declined from Jun. 2013 (£9.47 Mil) to Dec. 2013 (£9.18 Mil) and declined from Dec. 2013 (£9.18 Mil) to Jun. 2014 (£6.82 Mil).

Mallett's annual retained earnings declined from Dec. 2011 (£10.07 Mil) to Dec. 2012 (£9.21 Mil) and declined from Dec. 2012 (£9.21 Mil) to Dec. 2013 (£9.18 Mil).


Mallett Retained Earnings Historical Data

The historical data trend for Mallett'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.

Mallett Retained Earnings Chart

Mallett Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.17 9.70 10.07 9.21 9.18

Mallett Semi-Annual Data
Dec04 Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14
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 9.93 9.21 9.47 9.18 6.82

Mallett 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.


Mallett  (LSE:MAEA) 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.


Mallett (LSE:MAEA) Business Description

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Mallett PLC is engaged in dealing in antique furniture and works of art. Its activities are split into four business segments: dealing in antique furniture and objets d'art through Mallett; dealing in fine art through James Harvey British Art; designing and manufacturing contemporary furniture and works of art through Meta; and providing restoration services through Hatfields. The group has operations in two geographic regions, namely, UK and US.

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