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Intermediate Capital Group (LSE:ICG) Retained Earnings : £1,742.6 Mil (As of Mar. 2023)


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What is Intermediate Capital Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Intermediate Capital Group's retained earnings for the quarter that ended in Mar. 2023 was £1,742.6 Mil.

Intermediate Capital Group's quarterly retained earnings declined from Mar. 2022 (£1,714.0 Mil) to Sep. 2022 (£1,569.4 Mil) but then increased from Sep. 2022 (£1,569.4 Mil) to Mar. 2023 (£1,742.6 Mil).

Intermediate Capital Group's annual retained earnings increased from Mar. 2021 (£1,362.7 Mil) to Mar. 2022 (£1,714.0 Mil) and increased from Mar. 2022 (£1,714.0 Mil) to Mar. 2023 (£1,742.6 Mil).


Intermediate Capital Group Retained Earnings Historical Data

The historical data trend for Intermediate Capital 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.

* Premium members only.

Intermediate Capital Group Retained Earnings Chart

Intermediate Capital Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,130.20 1,080.40 1,362.70 1,714.00 1,742.60

Intermediate Capital Group Semi-Annual Data
Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23
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 1,362.70 1,471.60 1,714.00 1,569.40 1,742.60

Intermediate Capital 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.


Intermediate Capital Group  (LSE:ICG) 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.


Intermediate Capital Group (LSE:ICG) Business Description

Traded in Other Exchanges
Address
Procession House, 55 Ludgate Hill, New Bridge Street, London, GBR, EC4M 7JW
Intermediate Capital Group PLC is an asset management firm that divides its business model into two primary sections, including a fund management company and an investment company. The fund management company is the operating business of the group that sources and manages investments in the European, Asia-Pacific, and North American markets. It allocates capital to corporate investments, capital market investments, real assets, and private equity secondary market transactions. The investment company co-invests alongside third parties in new or existing funds. Its strategy emphasizes a growth-oriented, activist, and long-term approach to investing. It generates revenue through interest income and secondarily through management fees.