Retained earnings is the accumulated portion of net income that is not distributed to shareholders. COG Financial Services's retained earnings for the quarter that ended in Dec. 2025 was A$-117.8 Mil.
COG Financial Services's quarterly retained earnings
stayed the same
from Dec. 2024 (A$-117.8 Mil) to Jun. 2025 (A$-117.8 Mil) and
stayed the same
from Jun. 2025 (A$-117.8 Mil) to Dec. 2025 (A$-117.8 Mil).
COG Financial Services's annual retained earnings
stayed the same
from Jun. 2023 (A$-117.8 Mil) to Jun. 2024 (A$-117.8 Mil) and
stayed the same
from Jun. 2024 (A$-117.8 Mil) to Jun. 2025 (A$-117.8 Mil).
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.
COG Financial Services Retained Earnings Historical Data
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The historical data trend for COG Financial Services'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.
What does a Retained Earnings of A$-117.8 Mil mean?
COG Financial Services (ASX:COG) has a Retained Earnings of A$-117.8 Mil as of Dec. 2025. Retained earnings is the amount of net income not issued to shareholders. View historical data on COG Financial Services and its competitors.
Is COG Financial Services' Retained Earnings too high?
COG Financial Services' current Retained Earnings is A$-117.8 Mil. Overall, COG Financial Services has a GF Score™ of 36/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does COG Financial Services' Retained Earnings compare to MS and GS?
COG Financial Services' Retained Earnings of A$-117.8 Mil can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Capital Markets company?
A good Retained Earnings depends on the Capital Markets industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on COG Financial Services and its competitors. COG Financial Services's current Retained Earnings is A$-117.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is COG Financial Services stock overvalued right now?
Based on GuruFocus' analysis, COG Financial Services (ASX:COG) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.76, compared to a current price of A$1.47 — trading 93.4% above its estimated fair value. The current Retained Earnings is A$-117.8 Mil. COG Financial Services' overall GF Score™ is 36/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For COG Financial Services (ASX:COG), the current Retained Earnings is A$-117.8 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is COG Financial Services (ASX:COG) Overvalued in 2026?
Based on GuruFocus' analysis, COG Financial Services stock appears to be overvalued.
The current stock price of A$1.47 is trading 93.4% above its estimated GF Value™ of A$0.76.
GuruFocus considers COG Financial Services to be Significantly Overvalued.
Key valuation signals for ASX:COG:
Retained Earnings: A$-117.8 Mil
GF Value™: A$0.76 vs. price of A$1.47 (93.4% above fair value)
No single metric tells the full story. See the ASX:COG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
COG Financial Services Ltd is engaged in the equipment finance sector. The investment objective of the company is to grow its earnings per share by investing in complementary entities and growing existing businesses that specialise in equipment finance broking, finance aggregation, and commercial leases for essential business assets. Its segments include Finance Broking and Aggregation, which is the key revenue driver, focused on the aggregation of broker volumes to maximize profitability through scale and finance broking focused on products finance and asset types; Novated Leasing; Asset Management and Lending activities, and others.
36GF Score
Get the complete analysis for ASX:COG
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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