XCD Energy (ASX:XCD) Retained Earnings : A$-78.76 Mil (As of Dec. 2019)

View and export this data going back to 2004. Start your Free Trial

What is XCD Energy Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. XCD Energy's retained earnings for the quarter that ended in Dec. 2019 was A$-78.76 Mil.

XCD Energy's quarterly retained earnings increased from Dec. 2018 (A$-80.05 Mil) to Jun. 2019 (A$-78.26 Mil) but then declined from Jun. 2019 (A$-78.26 Mil) to Dec. 2019 (A$-78.76 Mil).

XCD Energy's annual retained earnings declined from Jun. 2017 (A$-68.67 Mil) to Jun. 2018 (A$-69.26 Mil) and declined from Jun. 2018 (A$-69.26 Mil) to Jun. 2019 (A$-78.26 Mil).

XCD Energy Retained Earnings Historical Data

The historical data trend for XCD Energy'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.

XCD Energy Retained Earnings Chart

XCD Energy Annual Data

Trend

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Retained Earnings

Get a 7-Day Free Trial

-33.00

-67.48

-68.67

-69.26

-78.26

XCD Energy Semi-Annual Data
	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19
Retained Earnings	Get a 7-Day Free Trial															-68.92	-69.26	-80.05	-78.26	-78.76

XCD Energy 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.

XCD Energy (ASX:XCD) 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.

XCD Energy (ASX:XCD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » XCD Energy Ltd (ASX:XCD) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

N/A

Address

Level 1, 35 Outram Street, West Perth, Perth, WA, AUS, 6005

Website

http://www.entekenergy.com.au

XCD Energy Ltd is an oil exploration company focused on early stage exploration assets. The company holds a 100% working Interest in the highly prospective Alaskan North Slope nearby to existing exploration and appraisal activities. Its project consists of Project Peregrine.

XCD Energy (ASX:XCD) Headlines

No Headlines