NIB Holdings (ASX:NHF) Retained Earnings : A$720 Mil (As of Dec. 2023)

View and export this data going back to 2007. Start your Free Trial

What is NIB Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. NIB Holdings's retained earnings for the quarter that ended in Dec. 2023 was A$720 Mil.

NIB Holdings's quarterly retained earnings increased from Dec. 2022 (A$632 Mil) to Jun. 2023 (A$673 Mil) and increased from Jun. 2023 (A$673 Mil) to Dec. 2023 (A$720 Mil).

NIB Holdings's annual retained earnings increased from Jun. 2021 (A$568 Mil) to Jun. 2022 (A$589 Mil) and increased from Jun. 2022 (A$589 Mil) to Jun. 2023 (A$673 Mil).

NIB Holdings Retained Earnings Historical Data

The historical data trend for NIB Holdings'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.

NIB Holdings Retained Earnings Chart

NIB Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Retained Earnings

Get a 7-Day Free Trial

498.90

473.80

567.70

589.10

672.90

NIB Holdings 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															585.10	589.10	632.30	672.90	720.00

NIB Holdings 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.

NIB Holdings (ASX:NHF) 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.

NIB Holdings (ASX:NHF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » NIB Holdings Ltd (ASX:NHF) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

3GU:Germany

Address

22 Honeysuckle Drive, Newcastle, NSW, AUS, 2300

Website

https://www.nib.com.au

NIB Holdings is Australia's fourth-largest health fund. It is a national provider of private health insurance, life insurance, travel insurance, and related healthcare services, with a growing presence in New Zealand. Approximately 55% of the population is covered by private health insurance because of taxation benefits, shorter wait times, a choice of doctor and hospital, and cover of ancillary health services.

NIB Holdings (ASX:NHF) Headlines

No Headlines