Currys (CHIX:CURYL) Retained Earnings : £656 Mil (As of Oct. 2024)

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What is Currys Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Currys's retained earnings for the quarter that ended in Oct. 2024 was £656 Mil.

Currys's quarterly retained earnings increased from Oct. 2023 (£437 Mil) to Apr. 2024 (£652 Mil) and increased from Apr. 2024 (£652 Mil) to Oct. 2024 (£656 Mil).

Currys's annual retained earnings declined from Apr. 2022 (£1,040 Mil) to Apr. 2023 (£432 Mil) but then increased from Apr. 2023 (£432 Mil) to Apr. 2024 (£652 Mil).

Currys Retained Earnings Historical Data

The historical data trend for Currys'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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Currys Retained Earnings Chart

Currys Annual Data

Trend

Mar14

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Apr24

Retained Earnings

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791.00

881.00

1,040.00

432.00

652.00

Currys Semi-Annual Data
	Mar14	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23	Apr24	Oct24
Retained Earnings	Get a 7-Day Free Trial															383.00	432.00	437.00	652.00	656.00

Currys 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.

Currys (CHIX:CURYl) 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.

Currys Business Description

Industry

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DSITF:USA CURY:UK

Address

1 Portal Way, London, GBR, W3 6RS

Website

https://www.currysplc.com

Currys PLC is an omnichannel retailer of technology products and services with stores across countries. The company's segment include: UK & Ireland: comprises the operations of Currys, iD Mobile and B2B operations; and Nordics; operates both franchise and own stores in Norway, Sweden, Finland and Denmark with further franchise operations in Iceland, Greenland and the Faroe Islands. UK & Ireland and Nordics are involved in the sale of consumer electronics and mobile technology products and services, through stores or online channels. It derives maximum revenue from UK & Ireland.

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