Wellnex Life (ASX:WNX) Retained Earnings : A$-122.96 Mil (As of Dec. 2023)

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What is Wellnex Life Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Wellnex Life's retained earnings for the quarter that ended in Dec. 2023 was A$-122.96 Mil.

Wellnex Life's quarterly retained earnings declined from Dec. 2022 (A$-105.92 Mil) to Jun. 2023 (A$-115.56 Mil) and declined from Jun. 2023 (A$-115.56 Mil) to Dec. 2023 (A$-122.96 Mil).

Wellnex Life's annual retained earnings declined from Jun. 2021 (A$-94.49 Mil) to Jun. 2022 (A$-101.71 Mil) and declined from Jun. 2022 (A$-101.71 Mil) to Jun. 2023 (A$-115.56 Mil).

Wellnex Life Retained Earnings Historical Data

The historical data trend for Wellnex Life'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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Wellnex Life Retained Earnings Chart

Wellnex Life Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Retained Earnings

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-35.49

-81.76

-94.49

-101.71

-115.56

Wellnex Life Semi-Annual Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Retained Earnings	Get a 7-Day Free Trial									-96.63	-101.71	-105.92	-115.56	-122.96

Wellnex Life 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.

Wellnex Life (ASX:WNX) 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.

Wellnex Life (ASX:WNX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Wellnex Life Ltd (ASX:WNX) » Definitions » Retained Earnings

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22W0:Germany

Address

574 Plummer Street, Building 2, Level 3, Suite 69, Port Melbourne, Melbourne, VIC, AUS, 3207

Website

https://www.wattlehealth.com.au

Wellnex Life Ltd is a health and wellness company which is engaged in developing health and wellness products. It offers products including nutritional food products, natural baby skincare range, and nutritional health supplement range. The company offers its products through brands such as The Iron Company, Mr Bright, Nighty Night and others.

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