VDM Group (ASX:VMG) Retained Earnings: A$-313.48 Mil (As of Jun. 2024)


What is VDM Group Retained Earnings?

VDM Group ASX:VMG Retained Earnings is A$-313.48 Mil as of Jun. 2024.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. VDM Group's retained earnings for the quarter that ended in Jun. 2024 was A$-313.48 Mil.

VDM Group's quarterly retained earnings declined from Jun. 2023 (A$-312.56 Mil) to Dec. 2023 (A$-312.95 Mil) and declined from Dec. 2023 (A$-312.95 Mil) to Jun. 2024 (A$-313.48 Mil).

VDM Group's annual retained earnings declined from Jun. 2022 (A$-297.51 Mil) to Jun. 2023 (A$-312.56 Mil) and declined from Jun. 2023 (A$-312.56 Mil) to Jun. 2024 (A$-313.48 Mil).

VDM Group  (ASX:VMG) 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.

VDM Group Retained Earnings Historical Data

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The historical data trend for VDM Group'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.

VDM Group Retained Earnings Chart

VDM Group Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -295.87 -296.80 -297.51 -312.56 -313.48

VDM Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -297.51 -298.96 -312.56 -312.95 -313.48

VDM Group 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$-313.48 Mil mean?
VDM Group (ASX:VMG) has a Retained Earnings of A$-313.48 Mil as of Jun. 2024. Retained earnings is the amount of net income not issued to shareholders. View historical data on VDM Group and its competitors.
Is VDM Group's Retained Earnings too high?
VDM Group's current Retained Earnings is A$-313.48 Mil.
How does VDM Group's Retained Earnings compare to PWR and J?
VDM Group's Retained Earnings of A$-313.48 Mil can be compared against companies in the Construction 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 Construction company?
A good Retained Earnings depends on the Construction 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 VDM Group and its competitors. VDM Group's current Retained Earnings is A$-313.48 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VDM Group stock overvalued right now?
VDM Group (ASX:VMG) has a current Retained Earnings of A$-313.48 Mil. The current Retained Earnings is A$-313.48 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For VDM Group (ASX:VMG), the current Retained Earnings is A$-313.48 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.

VDM Group Business Description

Address 420 Bagot Road, Unit 2, Subiaco, Subiaco, WA, AUS, 6008
VDM Group Ltd is an engineering and construction company. The company is an operationally diverse company arranged under two operating divisions: i) construction and ii) mining and exploration. Its activities involve exploration of the Cachoeiras do Binga copper project located in the Republic of Angola (Cachoeiras do Binga); exploration of the Cage Bengo Project located in the Republic of Angola (Cage Bengo); and review of new project opportunities.