Top Shelf International Holdings (ASX:TSI) Retained Earnings: A$-106.65 Mil (As of Jun. 2024)

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What is Top Shelf International Holdings Retained Earnings?

Top Shelf International Holdings ASX:TSI Retained Earnings is A$-106.65 Mil as of Jun. 2024.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Top Shelf International Holdings's retained earnings for the quarter that ended in Jun. 2024 was A$-106.65 Mil.

Top Shelf International Holdings's quarterly retained earnings declined from Jun. 2023 (A$-85.48 Mil) to Dec. 2023 (A$-95.54 Mil) and declined from Dec. 2023 (A$-95.54 Mil) to Jun. 2024 (A$-106.65 Mil).

Top Shelf International Holdings's annual retained earnings declined from Jun. 2022 (A$-37.19 Mil) to Jun. 2023 (A$-85.48 Mil) and declined from Jun. 2023 (A$-85.48 Mil) to Jun. 2024 (A$-106.65 Mil).

Top Shelf International Holdings  (ASX:TSI) 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.

Top Shelf International Holdings Retained Earnings Historical Data

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The historical data trend for Top Shelf International Holdings'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.

Top Shelf International Holdings Retained Earnings Chart

Top Shelf International Holdings Annual Data
Trend Jun20 Jun21 Jun22 Jun23 Jun24
Retained Earnings
-10.94 -20.76 -37.19 -85.48 -106.65

Top Shelf International Holdings Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Retained Earnings Get a 7-Day Free Trial Premium Member Only -37.19 -56.20 -85.48 -95.54 -106.65

Top Shelf International Holdings 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.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of A$-106.65 Mil mean?
Top Shelf International Holdings (ASX:TSI) has a Retained Earnings of A$-106.65 Mil as of Jun. 2024. Retained earnings is the amount of net income not issued to shareholders. View historical data on Top Shelf International Holdings and its competitors.
Is Top Shelf International Holdings' Retained Earnings too high?
Top Shelf International Holdings' current Retained Earnings is A$-106.65 Mil.
How does Top Shelf International Holdings' Retained Earnings compare to TAP?
Top Shelf International Holdings' Retained Earnings of A$-106.65 Mil can be compared against companies in the Beverages - Alcoholic 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 Beverages - Alcoholic company?
A good Retained Earnings depends on the Beverages - Alcoholic 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 Top Shelf International Holdings and its competitors. Top Shelf International Holdings's current Retained Earnings is A$-106.65 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Top Shelf International Holdings stock overvalued right now?
Top Shelf International Holdings (ASX:TSI) has a current Retained Earnings of A$-106.65 Mil. The current Retained Earnings is A$-106.65 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Top Shelf International Holdings (ASX:TSI), the current Retained Earnings is A$-106.65 Mil as of Jun. 2024. 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.

Top Shelf International Holdings Business Description

Address 16-18 National Boulevard, Campbellfield, VIC, AUS, 3061
Top Shelf International Holdings Ltd is a beverages manufacturer and distributor in Australia. The company's beverage manufacturing capability includes spirit distillation, maturation, mixing, carbonation along with canning and glass and PET bottling lines for supply into domestic and international markets of non-alcoholic and alcoholic beverages.