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Futuris Co (Futuris Co) Retained Earnings : $-1.63 Mil (As of Jul. 2020)


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What is Futuris Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Futuris Co's retained earnings for the quarter that ended in Jul. 2020 was $-1.63 Mil.

Futuris Co's quarterly retained earnings declined from Mar. 2003 ($-13.50 Mil) to Mar. 2004 ($-13.55 Mil) but then increased from Mar. 2004 ($-13.55 Mil) to Jul. 2020 ($-1.63 Mil).

Futuris Co's annual retained earnings declined from Mar. 2003 ($-13.50 Mil) to Mar. 2004 ($-13.55 Mil) but then increased from Mar. 2004 ($-13.55 Mil) to Jul. 2020 ($-1.63 Mil).


Futuris Co Retained Earnings Historical Data

The historical data trend for Futuris Co'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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Futuris Co Retained Earnings Chart

Futuris Co Annual Data
Trend Mar99 Mar00 Mar01 Mar02 Mar03 Mar04 Jul20
Retained Earnings
Get a 7-Day Free Trial -4.75 -13.01 -13.50 -13.55 -1.63

Futuris Co Semi-Annual Data
Mar99 Mar00 Mar01 Mar02 Mar03 Mar04 Jul20
Retained Earnings Get a 7-Day Free Trial -4.75 -13.01 -13.50 -13.55 -1.63

Futuris Co 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.


Futuris Co  (OTCPK:FTRS) 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.


Futuris Co (Futuris Co) Business Description

Traded in Other Exchanges
N/A
Address
22 Baltimore Road, Rockville, MD, USA, 20850
Futuris Co is a Human Capital Management (HCM) company focused on the acquisition and operation of executive search, staffing, and consulting companies that are specialized in professional service verticals such as medical, accounting/finance, information technology, recruitment process outsourcing (RPO), and human resources. The company is committed to building a staffing company through targeted and accretive acquisitions and operational efficiencies.

Futuris Co (Futuris Co) Headlines

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