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Agria (GRO) Retained Earnings : $-205.4 Mil (As of Jun. 2016)


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What is Agria Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Agria's retained earnings for the quarter that ended in Jun. 2016 was $-205.4 Mil.

Agria's quarterly retained earnings increased from Jun. 2015 ($-195.9 Mil) to Dec. 2015 ($0.0 Mil) but then declined from Dec. 2015 ($0.0 Mil) to Jun. 2016 ($-205.4 Mil).

Agria's annual retained earnings declined from Jun. 2014 ($-195.3 Mil) to Jun. 2015 ($-195.9 Mil) and declined from Jun. 2015 ($-195.9 Mil) to Jun. 2016 ($-205.4 Mil).


Agria Retained Earnings Historical Data

The historical data trend for Agria'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.

Agria Retained Earnings Chart

Agria Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -64.79 -202.05 -195.29 -195.91 -205.41

Agria Semi-Annual Data
Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Dec09 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16
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 -195.29 - -195.91 - -205.41

Agria 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.


Agria  (NYSE:GRO) 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.


Agria (GRO) Business Description

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Agria Corp was incorporated as a Cayman Islands company in May 2007. The Company is an international agricultural company with operations in New Zealand, Australia, South America and China through its subsidiaries and consolidated structured entities. It has three principal business segments: Seed and Grain - This business segment is engaged in research and development, production, and sale of seed products including forage, turf, maize, corn, cereal and vegetable seeds. Its business also includes multiplication of seed for international customers and trading of seed and grain products globally. Crop Protection, Nutrients and Merchandise - This business segment operates an extensive chain of retail stores that supply farm input materials including chemicals, fertilizers, pollination products, frost protection products, fencing, animal health and nutrition products, grains and seeds, clothing, leisure goods, and gardening equipment. It offers plant nutrition options, supported by industry- knowledge of the specific products and application protocols. Rural Services - This business segment offers services critical to the agricultural economy, including: Livestock - Livestock agents for sheep, beef, dairy, deer farmers, meat processors and livestock exporters. It is engaged in trading livestock through auctions, private on-farm sales, and online or direct sales to meat processors; Wool - Sales agents for sheep farmers, through auctions, forward contracts and private sales; and providing a comprehensive range of services to grower clients and wool processors including on-farm assistance, in-store wool handling and export processing; Irrigation and Pumping - Design, construction, installation and servicing of irrigation and pumping systems; Real Estate - Real estate brokerage focused on farm sales with additional transactions in lifestyle and residential properties; and Insurance - Insurance brokerage providing insurance products. The Company operates predominantly in New Zealand, Australia, South America and China. The Australian and South American business units facilitate the export sales and services of New Zealand operations in addition to their own seed trading operations. Inter-segment pricing is determined on an arm's length basis.

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