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Goodman Co., (TSE:7535) Retained Earnings : 円-6,323 Mil (As of Sep. 2012)


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What is Goodman Co., Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Goodman Co.,'s retained earnings for the quarter that ended in Sep. 2012 was 円-6,323 Mil.

Goodman Co.,'s quarterly retained earnings declined from Dec. 2011 (円-5,705 Mil) to Jun. 2012 (円-6,207 Mil) and declined from Jun. 2012 (円-6,207 Mil) to Sep. 2012 (円-6,323 Mil).

Goodman Co.,'s annual retained earnings declined from Jun. 2011 (円-5,525 Mil) to Mar. 2012 (円-5,917 Mil) and declined from Mar. 2012 (円-5,917 Mil) to Mar. 2013 (円-13,233 Mil).


Goodman Co., Retained Earnings Historical Data

The historical data trend for Goodman Co.,'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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Goodman Co., Retained Earnings Chart

Goodman Co., Annual Data
Trend Jun09 Jun10 Jun11 Mar12 Mar13
Retained Earnings
-5,177.83 -4,661.29 -5,524.61 -5,917.28 -13,232.87

Goodman Co., Quarterly Data
Jun10 Mar11 Jun11 Sep11 Dec11 Jun12 Sep12
Retained Earnings Get a 7-Day Free Trial -5,524.61 -5,636.83 -5,704.99 -6,207.29 -6,323.33

Goodman Co., 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.


Goodman Co.,  (TSE:7535) 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.


Goodman Co., (TSE:7535) Business Description

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