CT Automotive Group (LSE:CTA) Retained Earnings : £-12.5 Mil (As of Jun. 2023)

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What is CT Automotive Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. CT Automotive Group's retained earnings for the quarter that ended in Jun. 2023 was £-12.5 Mil.

CT Automotive Group's quarterly retained earnings declined from Jun. 2022 (£9.3 Mil) to Dec. 2022 (£-13.4 Mil) but then increased from Dec. 2022 (£-13.4 Mil) to Jun. 2023 (£-12.5 Mil).

CT Automotive Group's annual retained earnings declined from Dec. 2020 (£13.8 Mil) to Dec. 2021 (£5.6 Mil) and declined from Dec. 2021 (£5.6 Mil) to Dec. 2022 (£-13.4 Mil).

CT Automotive Group Retained Earnings Historical Data

The historical data trend for CT Automotive Group'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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CT Automotive Group Retained Earnings Chart

CT Automotive Group Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Retained Earnings

26.75

25.40

13.77

5.59

-13.40

CT Automotive Group Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Retained Earnings	Get a 7-Day Free Trial				19.65	5.59	9.29	-13.40	-12.46

CT Automotive Group 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.

CT Automotive Group (LSE:CTA) 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.

CT Automotive Group (LSE:CTA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » CT Automotive Group PLC (LSE:CTA) » Definitions » Retained Earnings

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X7X:Germany

Address

1000 Lakeside North Harbour, Western Road, Portsmouth, Hampshire, GBR, PO6 3EN

Website

https://www.ct-automotive.net

CT Automotive Group PLC designs develops and supplies interior components for the automotive industry. Customers include a few original equipment manufacturers and Tier One suppliers to OEMs. The group has an international manufacturing footprint with the majority of the production across three sites in China with additional sites in the UK, Czech Republic, and Turkey, as well as an engineering design office in India.