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Epsilon Healthcare (ASX:EPN) Retained Earnings : A$-46.43 Mil (As of Jun. 2023)


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What is Epsilon Healthcare Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Epsilon Healthcare's retained earnings for the quarter that ended in Jun. 2023 was A$-46.43 Mil.

Epsilon Healthcare's quarterly retained earnings declined from Jun. 2022 (A$-44.03 Mil) to Dec. 2022 (A$-49.58 Mil) but then increased from Dec. 2022 (A$-49.58 Mil) to Jun. 2023 (A$-46.43 Mil).

Epsilon Healthcare's annual retained earnings declined from Dec. 2020 (A$-27.08 Mil) to Dec. 2021 (A$-36.30 Mil) and declined from Dec. 2021 (A$-36.30 Mil) to Dec. 2022 (A$-49.58 Mil).


Epsilon Healthcare Retained Earnings Historical Data

The historical data trend for Epsilon Healthcare'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.

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Epsilon Healthcare Retained Earnings Chart

Epsilon Healthcare Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Retained Earnings
Get a 7-Day Free Trial -11.00 -18.05 -27.08 -36.30 -49.58

Epsilon Healthcare Semi-Annual Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -31.22 -36.30 -44.03 -49.58 -46.43

Epsilon Healthcare 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.


Epsilon Healthcare  (ASX:EPN) 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.


Epsilon Healthcare (ASX:EPN) Business Description

Traded in Other Exchanges
Address
35 Lime Street, Suite 305, Level 3, Sydney, NSW, AUS, 2000
Epsilon Healthcare Ltd is a diversified global healthcare and pharmaceuticals company. It owns number of medicinal cannabis assets including the cannabis manufacturing facility in the Southern Hemisphere, the Tetra Health clinic, and the Medimar Platform an end to end ecommerce solution for nutraceuticals and cannabis. EPN additionally operates a turn-key cannabis cultivation solutions provider based in Vancouver, Canada.

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