LumX Group (XSWX:LUMX) Retained Earnings : CHF-33.17 Mil (As of Dec. 2019)

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What is LumX Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. LumX Group's retained earnings for the quarter that ended in Dec. 2019 was CHF-33.17 Mil.

LumX Group's quarterly retained earnings declined from Dec. 2018 (CHF-19.67 Mil) to Jun. 2019 (CHF-24.07 Mil) and declined from Jun. 2019 (CHF-24.07 Mil) to Dec. 2019 (CHF-33.17 Mil).

LumX Group's annual retained earnings declined from Dec. 2017 (CHF-10.22 Mil) to Dec. 2018 (CHF-19.67 Mil) and declined from Dec. 2018 (CHF-19.67 Mil) to Dec. 2019 (CHF-33.17 Mil).

LumX Group Retained Earnings Historical Data

The historical data trend for LumX 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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LumX Group Retained Earnings Chart

LumX Group Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Retained Earnings

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-42.62

-2.12

-10.22

-19.67

-33.17

LumX Group 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															-10.22	-14.75	-19.67	-24.07	-33.17

LumX 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.

LumX Group (XSWX:LUMX) 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.

LumX Group (XSWX:LUMX) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » LumX Group Ltd (XSWX:LUMX) » Definitions » Retained Earnings

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Address

Martello Court, Admiral Park, Saint Peter Port, GGY, GY1 3HB

Website

http://www.lumxgroup.com

LumX Group Ltd is a holding company, which engages in the provision of investment, risk management, and structuring solutions to a primarily institutional client base. The company offers a full suite of products and services focused on alternative investments, multi-asset portfolio management, and risk management services. It operates through the following geographic areas: Europe, Asia Pacific, the Cayman Islands, North America, and the British Virgin Islands.

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