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Alterra (ASX:1AG) Retained Earnings : A$-10.97 Mil (As of Sep. 2023)


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What is Alterra Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Alterra's retained earnings for the quarter that ended in Sep. 2023 was A$-10.97 Mil.

Alterra's quarterly retained earnings declined from Sep. 2022 (A$-8.73 Mil) to Mar. 2023 (A$-9.74 Mil) and declined from Mar. 2023 (A$-9.74 Mil) to Sep. 2023 (A$-10.97 Mil).

Alterra's annual retained earnings declined from Sep. 2021 (A$-7.25 Mil) to Sep. 2022 (A$-8.73 Mil) and declined from Sep. 2022 (A$-8.73 Mil) to Sep. 2023 (A$-10.97 Mil).


Alterra Retained Earnings Historical Data

The historical data trend for Alterra'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.

Alterra Retained Earnings Chart

Alterra Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.52 -5.02 -7.25 -8.73 -10.97

Alterra Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 -7.25 -8.65 -8.73 -9.74 -10.97

Alterra 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.


Alterra  (ASX:1AG) 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.


Alterra (ASX:1AG) Business Description

Traded in Other Exchanges
N/A
Address
150 Saint Georges Terrace, Level 3, Perth, WA, AUS, 6000
Alterra Ltd is an asset manager that provides origination, development and management services for land and water assets in Australia. It works directly with landowners and agricultural producers to unlock and reposition water assets through a change in land use, ownership structure, regulatory management and application of technical know-how to create large-scale horticultural assets. Its projects include The Carpenters Project which is involved in Avocado development and Carbon Conscious under which it is involved in the development of land use change opportunities for carbon sequestration in Australia and New Zealand. The company's operating segments include Asset management; Asset development; Business development and Corporate. It generates maximum revenue from the Corporate segment.

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