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Alternergy Holdings (PHS:ALTER) Retained Earnings : ₱63.1 Mil (As of Mar. 2024)


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What is Alternergy Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Alternergy Holdings's retained earnings for the quarter that ended in Mar. 2024 was ₱63.1 Mil.

Alternergy Holdings's quarterly retained earnings increased from Jun. 2023 (₱-0.6 Mil) to Dec. 2023 (₱36.4 Mil) and increased from Dec. 2023 (₱36.4 Mil) to Mar. 2024 (₱63.1 Mil).

Alternergy Holdings's annual retained earnings declined from Dec. 2021 (₱48.4 Mil) to Jun. 2022 (₱-227.2 Mil) but then increased from Jun. 2022 (₱-227.2 Mil) to Jun. 2023 (₱-0.6 Mil).


Alternergy Holdings Retained Earnings Historical Data

The historical data trend for Alternergy Holdings'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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Alternergy Holdings Retained Earnings Chart

Alternergy Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Jun22 Jun23
Retained Earnings
Get a 7-Day Free Trial -159.10 -196.91 48.41 -227.21 -0.57

Alternergy Holdings Quarterly Data
Dec18 Dec19 Dec20 Jun21 Sep21 Dec21 Jun22 Sep22 Mar23 Jun23 Dec23 Mar24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -116.26 -114.77 -0.57 36.40 63.13

Alternergy Holdings 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.


Alternergy Holdings  (PHS:ALTER) 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.


Alternergy Holdings (PHS:ALTER) Business Description

Traded in Other Exchanges
N/A
Address
Paseo de Roxas corner Legazpi Street, Level 3B, 111 Paseo de Roxas Building, Legazpi Village, Makati, PHL, 1229
Alternergy Holdings Corp is a renewable energy holding company. The company's segments include Wind Energy; Hydro Energy; Solar Energy and Retail Energy Supplier (RES). It generates maximum revenue from the Solar Energy segment. The Solar Energy segment includes Generation and supply of solar power to various customers under power supply contracts.

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