Hornigold Reit (WAR:HRL) Retained Earnings : zł-40.43 Mil (As of Mar. 2024)

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What is Hornigold Reit Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Hornigold Reit's retained earnings for the quarter that ended in Mar. 2024 was zł-40.43 Mil.

Hornigold Reit's quarterly retained earnings stayed the same from Sep. 2022 (zł-42.71 Mil) to Mar. 2023 (zł-42.71 Mil) but then increased from Mar. 2023 (zł-42.71 Mil) to Mar. 2024 (zł-40.43 Mil).

Hornigold Reit's annual retained earnings increased from Dec. 2019 (zł-41.99 Mil) to Dec. 2020 (zł-36.96 Mil) but then declined from Dec. 2020 (zł-36.96 Mil) to Dec. 2021 (zł-41.71 Mil).

Hornigold Reit Retained Earnings Historical Data

The historical data trend for Hornigold Reit'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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Hornigold Reit Retained Earnings Chart

Hornigold Reit Annual Data

Trend

Dec11

Dec12

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Retained Earnings

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-42.13

-42.83

-41.99

-36.96

-41.71

Hornigold Reit Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Mar23	Mar24
Retained Earnings	Get a 7-Day Free Trial															-41.78	-42.65	-42.71	-42.71	-40.43

Hornigold Reit 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.

Hornigold Reit (WAR:HRL) 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.

Hornigold Reit (WAR:HRL) Business Description

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Address

Ul. Moniuszki 10/1, Katowice, POL, 40-005

Website

http://www.hornigoldreit.pl

Hornigold Reit SA is a Poland based company that engages in the short-term rental of apartments. It provides apartments for rent located in renovated tenement houses in the city centers. The company has various apartments located in Grodowa, Slowackiego, Szopienice, Szopienicka, and Kopernika.