SSP Group (SSP Group) Retained Earnings : $-295 Mil (As of Sep. 2023)

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What is SSP Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. SSP Group's retained earnings for the quarter that ended in Sep. 2023 was $-295 Mil.

SSP Group's quarterly retained earnings declined from Sep. 2022 ($-281 Mil) to Mar. 2023 ($-312 Mil) but then increased from Mar. 2023 ($-312 Mil) to Sep. 2023 ($-295 Mil).

SSP Group's annual retained earnings increased from Sep. 2021 ($-343 Mil) to Sep. 2022 ($-281 Mil) but then declined from Sep. 2022 ($-281 Mil) to Sep. 2023 ($-295 Mil).

SSP Group Retained Earnings Historical Data

The historical data trend for SSP 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.

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SSP Group Retained Earnings Chart

SSP Group Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Retained Earnings

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-188.24

-724.87

-343.27

-281.43

-294.68

SSP Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Retained Earnings	Get a 7-Day Free Trial															-343.27	-365.09	-281.43	-311.89	-294.68

SSP 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.

SSP Group (OTCPK:SSPPF) 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.

SSP Group (SSP Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » SSP Group PLC (OTCPK:SSPPF) » Definitions » Retained Earnings

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SSPGl:UK SSPG:UK

Address

32 Jamestown Road, London, GBR, NW1 7HW

Website

https://www.foodtravelexperts.com

SSP Group PLC operates food and beverage units in travel locations such as airports and railway stations. Units range from coffee shops and sandwich bars to casual and fine-dining restaurants. Its units operate under more than 300 different brand names, including both proprietary brands and franchised brands, such as Starbucks and Burger King. Its segments include the UK, Continental Europe, North America and the APAC and EEME.