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Glenveagh Properties (DUB:GVR) Retained Earnings : €450.1 Mil (As of Dec. 2023)


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What is Glenveagh Properties Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Glenveagh Properties's retained earnings for the quarter that ended in Dec. 2023 was €450.1 Mil.

Glenveagh Properties's quarterly retained earnings declined from Dec. 2022 (€465.7 Mil) to Jun. 2023 (€407.6 Mil) but then increased from Jun. 2023 (€407.6 Mil) to Dec. 2023 (€450.1 Mil).

Glenveagh Properties's annual retained earnings declined from Dec. 2021 (€558.5 Mil) to Dec. 2022 (€465.7 Mil) and declined from Dec. 2022 (€465.7 Mil) to Dec. 2023 (€450.1 Mil).


Glenveagh Properties Retained Earnings Historical Data

The historical data trend for Glenveagh Properties'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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Glenveagh Properties Retained Earnings Chart

Glenveagh Properties Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial -57.82 629.04 558.47 465.68 450.10

Glenveagh Properties Semi-Annual Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 558.47 480.56 465.68 407.65 450.10

Glenveagh Properties 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.


Glenveagh Properties  (DUB:GVR) 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.


Glenveagh Properties Business Description

Traded in Other Exchanges
Address
Block C, Straffan Road, Maynooth Business Campus, Maynooth, Kildare, IRL, W23 W5X7
Glenveagh Properties PLC is engaged in homebuilding in Ireland. The company is organized into three key reportable segments, The Suburban segment is engaged in housing (with some low-rise apartments) with demand from private buyers and institutions. The urban segment is engaged in developing apartments to deliver to institutional investors. The apartments are located in Dublin and Cork and on sites adjacent to rail transportation hubs. The partnerships segment involves the Government, local authorities, or state agencies contributing their land on a reduced cost or phased basis into a development agreement with Glenveagh. Its product is delivered back to the government or local authority via social and affordable homes.

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