PRL Global (ASX:PRG) Retained Earnings : A$144 Mil (As of Dec. 2023)

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What is PRL Global Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. PRL Global's retained earnings for the quarter that ended in Dec. 2023 was A$144 Mil.

PRL Global's quarterly retained earnings increased from Dec. 2022 (A$141 Mil) to Jun. 2023 (A$142 Mil) and increased from Jun. 2023 (A$142 Mil) to Dec. 2023 (A$144 Mil).

PRL Global's annual retained earnings increased from Jun. 2021 (A$117 Mil) to Jun. 2022 (A$121 Mil) and increased from Jun. 2022 (A$121 Mil) to Jun. 2023 (A$142 Mil).

PRL Global Retained Earnings Historical Data

The historical data trend for PRL Global'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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PRL Global Retained Earnings Chart

PRL Global Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Retained Earnings

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114.14

112.44

116.93

121.04

142.27

PRL Global Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Retained Earnings	Get a 7-Day Free Trial															122.37	121.04	141.41	142.27	144.18

PRL Global 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.

PRL Global (ASX:PRG) 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.

PRL Global (ASX:PRG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » PRL Global Ltd (ASX:PRG) » Definitions » Retained Earnings

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Address

6 Thorogood Street, Burswood, Perth, WA, AUS, 6100

Website

https://www.prlgroup.com.au

PRL Global Ltd Formerly CI Resources Ltd. is a diversified industrial company. Its core business is in providing phosphate rock to primarily South-east Asian markets. The operating segments of the company include Fertilizer, Farming, and Logistics. The majority of the group's revenue is generated by the logistics division. The Logistics operating segment primarily involves trading, importing, and exporting commodities. It operates in the following geographic areas: Australia, Malaysia, and Singapore. Geographically, the company receives maximum revenue from Australia.