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GVH (Globavend Holdings) Retained Earnings : $1.27 Mil (As of Mar. 2024)


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What is Globavend Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Globavend Holdings's retained earnings for the quarter that ended in Mar. 2024 was $1.27 Mil.

Globavend Holdings's quarterly retained earnings declined from Mar. 2023 ($1.22 Mil) to Sep. 2023 ($0.37 Mil) but then increased from Sep. 2023 ($0.37 Mil) to Mar. 2024 ($1.27 Mil).

Globavend Holdings's annual retained earnings declined from Sep. 2021 ($1.56 Mil) to Sep. 2022 ($0.77 Mil) and declined from Sep. 2022 ($0.77 Mil) to Sep. 2023 ($0.37 Mil).


Globavend Holdings Retained Earnings Historical Data

The historical data trend for Globavend Holdings'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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Globavend Holdings Retained Earnings Chart

Globavend Holdings Annual Data
Trend Sep21 Sep22 Sep23
Retained Earnings
1.56 0.77 0.37

Globavend Holdings Semi-Annual Data
Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Retained Earnings Get a 7-Day Free Trial - 0.77 1.22 0.37 1.27

Globavend Holdings 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.


Globavend Holdings  (NAS:GVH) 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.


Globavend Holdings Business Description

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Traded in Other Exchanges
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Address
197 Street Georges Tce, Office 1401, Level 14, Perth, WA, AUS, 6000
Globavend Holdings Ltd is a e-commerce logistics provider it provides integrated cross-border logistics services from Hong Kong to Australia and New Zealand, where it provides customers with a one-stop solution from parcel consolidation to air freight forwarding, customs clearance, on-carriage parcel transportation and delivery. It operates in logistics and freight forwarding industry, which involves the provision of services such as freight transport, freight forwarding, warehouse management, and distribution.