GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Residential Secure Income PLC (CHIX:RESIl) » Definitions » Retained Earnings

Residential Secureome (CHIX:RESIL) Retained Earnings : £160.43 Mil (As of Sep. 2023)


View and export this data going back to 2019. Start your Free Trial

What is Residential Secureome Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Residential Secureome's retained earnings for the quarter that ended in Sep. 2023 was £160.43 Mil.

Residential Secureome's quarterly retained earnings declined from Sep. 2022 (£193.14 Mil) to Mar. 2023 (£158.39 Mil) but then increased from Mar. 2023 (£158.39 Mil) to Sep. 2023 (£160.43 Mil).

Residential Secureome's annual retained earnings increased from Sep. 2021 (£189.00 Mil) to Sep. 2022 (£193.14 Mil) but then declined from Sep. 2022 (£193.14 Mil) to Sep. 2023 (£160.43 Mil).


Residential Secureome Retained Earnings Historical Data

The historical data trend for Residential Secureome'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.

Residential Secureome Retained Earnings Chart

Residential Secureome Annual Data
Trend Jun17 Sep19 Sep20 Sep21 Sep22 Sep23
Retained Earnings
Get a 7-Day Free Trial 192.43 186.33 189.00 193.14 160.43

Residential Secureome Quarterly Data
Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only 189.00 192.42 193.14 158.39 160.43

Residential Secureome 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.


Residential Secureome  (CHIX:RESIl) 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.


Residential Secureome (CHIX:RESIL) Business Description

Traded in Other Exchanges
Address
The Pavilions, Bridgwater Road, Bristol, GBR, BS13 8FD
Residential Secure Income PLC is a closed-ended company established to invest in Social Housing as a real estate investment trust. The company invests in residential asset classes that comprise the stock of registered UK social housing providers, Housing Associations, and Local Authorities. Its only operating segment being an investment property. Geographically, it operates only in the United Kingdom.

Residential Secureome (CHIX:RESIL) Headlines

No Headlines