NGE Capital (ASX:NGE) Retained Earnings : A$-27.88 Mil (As of Dec. 2024)

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What is NGE Capital Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. NGE Capital's retained earnings for the quarter that ended in Dec. 2024 was A$-27.88 Mil.

NGE Capital's quarterly retained earnings increased from Dec. 2023 (A$-32.72 Mil) to Jun. 2024 (A$-28.23 Mil) and increased from Jun. 2024 (A$-28.23 Mil) to Dec. 2024 (A$-27.88 Mil).

NGE Capital's annual retained earnings increased from Dec. 2022 (A$-41.61 Mil) to Dec. 2023 (A$-32.72 Mil) and increased from Dec. 2023 (A$-32.72 Mil) to Dec. 2024 (A$-27.88 Mil).

NGE Capital Retained Earnings Historical Data

The historical data trend for NGE Capital'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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NGE Capital Retained Earnings Chart

NGE Capital Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Retained Earnings

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-47.03

-39.70

-41.61

-32.72

-27.88

NGE Capital Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Retained Earnings	Get a 7-Day Free Trial															-41.61	-39.82	-32.72	-28.23	-27.88

NGE Capital 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.

NGE Capital (ASX:NGE) 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.

NGE Capital Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » NGE Capital Ltd (ASX:NGE) » Definitions » Retained Earnings

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Address

100 Albert Road, Level 4, South Melbourne, Melbourne, VIC, AUS, 3205

Website

https://www.ngecapital.com.au

NGE Capital Ltd is an internally managed investment company. The principal activity of the company is to allow investors to gain exposure to a concentrated, high-conviction, actively managed portfolio of financial assets. The company's focuses on risk-adjusted returns over the medium to long term. The company is solely engaged in investment activities.

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