GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Acucap Properties Ltd (JSE:ACP) » Definitions » Retained Earnings

Acucap Properties (JSE:ACP) Retained Earnings : R339.0 Mil (As of Sep. 2014)


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

What is Acucap Properties Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Acucap Properties's retained earnings for the quarter that ended in Sep. 2014 was R339.0 Mil.

Acucap Properties's quarterly retained earnings increased from Sep. 2013 (R-312.2 Mil) to Mar. 2014 (R-185.3 Mil) and increased from Mar. 2014 (R-185.3 Mil) to Sep. 2014 (R339.0 Mil).

Acucap Properties's annual retained earnings declined from Mar. 2012 (R-292.0 Mil) to Mar. 2013 (R-376.3 Mil) but then increased from Mar. 2013 (R-376.3 Mil) to Mar. 2014 (R-185.3 Mil).


Acucap Properties Retained Earnings Historical Data

The historical data trend for Acucap 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.

* Premium members only.

Acucap Properties Retained Earnings Chart

Acucap Properties Annual Data
Trend Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14
Retained Earnings
Get a 7-Day Free Trial -202.31 -219.33 -292.03 -376.31 -185.33

Acucap Properties Semi-Annual Data
Mar10 Sep10 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only -353.36 -376.31 -312.18 -185.33 338.96

Acucap 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.


Acucap Properties  (JSE:ACP) 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.


Acucap Properties (JSE:ACP) Business Description

Traded in Other Exchanges
N/A
Address
Website
Acucap Properties Ltd carries on the business of a property holding company through the ownership of investment properties by its wholly owned subsidiaries. Its segments include Retail, Offices, Industrial, Property development and Storage.