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The a2 Milk Co (ASX:A2M) Retained Earnings : A$1,210 Mil (As of Jun. 2023)


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What is The a2 Milk Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. The a2 Milk Co's retained earnings for the quarter that ended in Jun. 2023 was A$1,210 Mil.

The a2 Milk Co's quarterly retained earnings increased from Jun. 2022 (A$1,056 Mil) to Dec. 2022 (A$1,169 Mil) and increased from Dec. 2022 (A$1,169 Mil) to Jun. 2023 (A$1,210 Mil).

The a2 Milk Co's annual retained earnings increased from Jun. 2021 (A$971 Mil) to Jun. 2022 (A$1,056 Mil) and increased from Jun. 2022 (A$1,056 Mil) to Jun. 2023 (A$1,210 Mil).


The a2 Milk Co Retained Earnings Historical Data

The historical data trend for The a2 Milk 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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The a2 Milk Co Retained Earnings Chart

The a2 Milk Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 549.81 900.86 971.41 1,055.55 1,209.55

The a2 Milk Co Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 Premium Member Only Premium Member Only Premium Member Only 971.41 1,047.61 1,055.55 1,168.78 1,209.55

The a2 Milk 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.


The a2 Milk Co  (ASX:A2M) 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.


The a2 Milk Co (ASX:A2M) Business Description

Address
51 Shortland Street, P.O. Box 163, Level 10, Auckland, NTL, NZL, 1010
A2 Milk is a New Zealand licensor and marketer of fresh milk, infant formula, and other dairy products that lack the A1 beta-casein protein. The firm was founded in 2000 by Corran McLachlan, who developed a genetic test to determine which proteins a cow produces in its milk, and business partner Howard Paterson. The company has been through a tumultuous history of receivership, legal battles, and strategic shifts, but emerged in its current structure in 2006 and listed publicly in March 2013.

The a2 Milk Co (ASX:A2M) Headlines

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