GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Polo Resources Ltd (GREY:POLJF) » Definitions » Retained Earnings

Polo Resources (Polo Resources) Retained Earnings : $-271.19 Mil (As of Dec. 2019)


View and export this data going back to 2015. Start your Free Trial

What is Polo Resources Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Polo Resources's retained earnings for the quarter that ended in Dec. 2019 was $-271.19 Mil.

Polo Resources's quarterly retained earnings increased from Dec. 2018 ($-282.10 Mil) to Jun. 2019 ($-264.73 Mil) but then declined from Jun. 2019 ($-264.73 Mil) to Dec. 2019 ($-271.19 Mil).

Polo Resources's annual retained earnings declined from Jun. 2017 ($-273.07 Mil) to Jun. 2018 ($-280.22 Mil) but then increased from Jun. 2018 ($-280.22 Mil) to Jun. 2019 ($-264.73 Mil).


Polo Resources Retained Earnings Historical Data

The historical data trend for Polo Resources'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.

Polo Resources Retained Earnings Chart

Polo Resources Annual Data
Trend Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -239.83 -267.33 -273.07 -280.22 -264.73

Polo Resources Semi-Annual Data
Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19
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 -274.66 -280.22 -282.10 -264.73 -271.19

Polo Resources 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.


Polo Resources  (GREY:POLJF) 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.


Polo Resources (Polo Resources) Business Description

Traded in Other Exchanges
N/A
Address
Craigmuir Chambers, Tortola, Road Town, VIR, 1110
Polo Resources Ltd is a natural resources investment company focused on investing in undervalued companies and projects with strong fundamentals and attractive growth prospects. Polo aims to build a diversified portfolio of mineral and hydrocarbon assets as offering substantial growth potential, pursuing both short and long-term value-enhancing investments. It invests in natural resources globally and across sectors in Asia Pacific.

Polo Resources (Polo Resources) Headlines

No Headlines