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FleetPartners Group (ASX:FPR) Retained Earnings : A$-63.0 Mil (As of Sep. 2023)


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What is FleetPartners Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. FleetPartners Group's retained earnings for the quarter that ended in Sep. 2023 was A$-63.0 Mil.

FleetPartners Group's quarterly retained earnings increased from Sep. 2022 (A$-144.0 Mil) to Mar. 2023 (A$-104.6 Mil) and increased from Mar. 2023 (A$-104.6 Mil) to Sep. 2023 (A$-63.0 Mil).

FleetPartners Group's annual retained earnings increased from Sep. 2021 (A$-247.3 Mil) to Sep. 2022 (A$-144.0 Mil) and increased from Sep. 2022 (A$-144.0 Mil) to Sep. 2023 (A$-63.0 Mil).


FleetPartners Group Retained Earnings Historical Data

The historical data trend for FleetPartners 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.

* Premium members only.

FleetPartners Group Retained Earnings Chart

FleetPartners Group Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only -341.46 -323.25 -247.30 -143.99 -62.96

FleetPartners Group Semi-Annual Data
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 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 -247.30 -187.89 -143.99 -104.59 -62.96

FleetPartners 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.


FleetPartners Group  (ASX:FPR) 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.


FleetPartners Group (ASX:FPR) Business Description

Traded in Other Exchanges
N/A
Address
601 Pacific Highway, Level 6, St Leonards, Sydney, NSW, AUS, 2065
FleetPartners Group Ltd is a provider of fleet leasing and fleet management services that operates across Australia and New Zealand. The company offers consumers and businesses access to funding solutions including fleet leasing, novated leasing, and salary packaging solutions. Its business segments include Australia commercial, novated, and New Zealand commercial, with the majority of revenue flowing from Australia commercial. Australia commercial provides fleet leasing and management services; novated provides novated leasing and salary packaging services in Australia, and New Zealand commercial provides fleet leasing, management, and vehicle dealerships. Some of its brands include FleetPartners, FleetPlus and FleetChoice.

FleetPartners Group (ASX:FPR) Headlines

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