Metcash (FRA:MG9) Retained Earnings : €162 Mil (As of Oct. 2023)

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What is Metcash Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Metcash's retained earnings for the quarter that ended in Oct. 2023 was €162 Mil.

Metcash's quarterly retained earnings declined from Oct. 2022 (€173 Mil) to Apr. 2023 (€157 Mil) but then increased from Apr. 2023 (€157 Mil) to Oct. 2023 (€162 Mil).

Metcash's annual retained earnings declined from Apr. 2021 (€267 Mil) to Apr. 2022 (€181 Mil) and declined from Apr. 2022 (€181 Mil) to Apr. 2023 (€157 Mil).

Metcash Retained Earnings Historical Data

The historical data trend for Metcash'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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Metcash Retained Earnings Chart

Metcash Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Retained Earnings

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431.77

293.60

266.83

180.70

156.90

Metcash Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Retained Earnings	Get a 7-Day Free Trial															186.97	180.70	173.39	156.90	162.42

Metcash 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.

Metcash (FRA:MG9) 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.

Metcash (FRA:MG9) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Metcash Ltd (FRA:MG9) » Definitions » Retained Earnings

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MCSHF:USA MTS:Australia

Address

1 Thomas Holt Drive, Macquarie Park, Sydney, NSW, AUS, 2113

Website

https://www.metcash.com

Metcash is a wholesale distribution and marketing company specialising in food, liquor, and hardware. Centralised wholesale distribution enables retailers to gain access to the combined scale of many retailers to negotiate material volume discounts.The food segment distributes of a range of products and services to independent supermarket and convenience stores. The hardware segment distributes hardware products to independent retail outlets and operates company-owned stores. The liquor segment distributes liquor products to independent retailers and pubs.

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