Market Cap : 19.2 B | Enterprise Value : 21.89 B | PE Ratio : 17.15 | PB Ratio : 1.75 |
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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Fox's retained earnings for the quarter that ended in Jun. 2022 was $2,461 Mil.
Fox's quarterly retained earnings declined from Dec. 2021 ($2,308 Mil) to Mar. 2022 ($2,300 Mil) but then increased from Mar. 2022 ($2,300 Mil) to Jun. 2022 ($2,461 Mil).
Fox's annual retained earnings increased from Jun. 2020 ($674 Mil) to Jun. 2021 ($1,982 Mil) and increased from Jun. 2021 ($1,982 Mil) to Jun. 2022 ($2,461 Mil).
The historical data trend for Fox'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.
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.
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.
Hernandez Roland A | director | 300 NORTH SAN RAFAEL AVE PASADENA CA 91105 |
Murdoch Lachlan K | director, officer: Executive Chairman, CEO | C/O NEWS AMERICA INCORPORATED 1211 AVENUE OF THE AMERICAS NEW YORK NY 10036 |
Murdoch Keith Rupert | director, officer: Chairman | C/O FOX CORPORATION 1211 AVENUE OF THE AMERICAS NEW YORK NY 10036 |
Nallen John | officer: Chief Operating Officer | C/O NEWS AMERICA INCORPORATED 1211 AVENUE OF THE AMERICAS NEW YORK NY 10036 |
Nasser Jacques A | director | |
Carey Chase | director | C/O NEWS AMERICA INCORPORATED 1211 AVENUE OF THE AMERICAS NEW YORK NY 10036 |
Dinh Viet D | officer: Chief Legal and Policy Officer | GEORGETOWN UNIVERSITY LAW CENTER 600 NEW JERSEY AVENUE NW WASHINGTON DC 20001 |
Tomsic Steven | officer: Chief Financial Officer | 1211 AVENUE OF THE AMERICAS NEW YORK NY 10036 |
Ryan Paul D | director | 1211 AVENUE OF THE AMERICAS NEW YORK NY 10036 |
Dias Anne | director | 1211 AVENUE OF THE AMERICAS NEW YORK NY 10036 |
Cruden Financial Services Llc | 10 percent owner | C/O MCDONALD CARANO WILSON LLP 100 LIBERTY STREET RENO NV 89501 |
Murdoch Family Trust | 10 percent owner | C/O MCDONALD CARANO WILSON LLP 100 LIBERTY STREET RENO NV 89501 |
Twenty-first Century Fox, Inc. | 10 percent owner | 1211 AVENUE OF THE AMERICAS NEW YORK NY 10036 |
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