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Dexus Convenience Retail REIT (ASX:DXC) Retained Earnings : A$29.40 Mil (As of Dec. 2023)


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What is Dexus Convenience Retail REIT Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Dexus Convenience Retail REIT's retained earnings for the quarter that ended in Dec. 2023 was A$29.40 Mil.

Dexus Convenience Retail REIT's quarterly retained earnings increased from Dec. 2022 (A$45.11 Mil) to Jun. 2023 (A$109.12 Mil) but then declined from Jun. 2023 (A$109.12 Mil) to Dec. 2023 (A$29.40 Mil).

Dexus Convenience Retail REIT's annual retained earnings increased from Jun. 2021 (A$96.65 Mil) to Jun. 2022 (A$147.26 Mil) but then declined from Jun. 2022 (A$147.26 Mil) to Jun. 2023 (A$109.12 Mil).


Dexus Convenience Retail REIT Retained Earnings Historical Data

The historical data trend for Dexus Convenience Retail REIT'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.

Dexus Convenience Retail REIT Retained Earnings Chart

Dexus Convenience Retail REIT Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Retained Earnings
Get a 7-Day Free Trial 23.86 49.21 96.65 147.26 109.12

Dexus Convenience Retail REIT Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 120.70 147.26 45.11 109.12 29.40

Dexus Convenience Retail REIT 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.


Dexus Convenience Retail REIT  (ASX:DXC) 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.


Dexus Convenience Retail REIT (ASX:DXC) Business Description

Traded in Other Exchanges
N/A
Address
50 Bridge Street, Level 30, Sydney, NSW, AUS, 2000
Dexus Convenience Retail REIT is an Australian real estate investment trust. The company owns a portfolio of service stations and convenience retail assets located across Australia. The company derives all income from investments in properties located in Australia. The principal investment objective of the group is to invest in convenience retail properties that provide investors with a high and consistent income distribution that maintains its real value for the life of the group.