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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Tongaat Hulett's retained earnings for the quarter that ended in Sep. 2021 was R-1,620 Mil.
Tongaat Hulett's quarterly retained earnings
increased
from Sep. 2020 (R-3,321 Mil) to Mar. 2021 (R-1,340 Mil) but then
declined
from Mar. 2021 (R-1,340 Mil) to Sep. 2021 (R-1,620 Mil).
Tongaat Hulett's annual retained earnings
declined
from Mar. 2019 (R-3,548 Mil) to Mar. 2020 (R-3,563 Mil) but then
increased
from Mar. 2020 (R-3,563 Mil) to Mar. 2021 (R-1,340 Mil).
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.
Tongaat Hulett Retained Earnings Historical Data
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The historical data trend for Tongaat Hulett'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.
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.
What does a Retained Earnings of R-1,620 Mil mean?
Tongaat Hulett (JSE:TON) has a Retained Earnings of R-1,620 Mil as of Sep. 2021. Retained earnings is the amount of net income not issued to shareholders. View historical data on Tongaat Hulett and its competitors.
Is Tongaat Hulett's Retained Earnings too high?
Tongaat Hulett's current Retained Earnings is R-1,620 Mil. Overall, Tongaat Hulett has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Tongaat Hulett's Retained Earnings compare to MDLZ and HSY?
Tongaat Hulett's Retained Earnings of R-1,620 Mil can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Consumer Packaged Goods company?
A good Retained Earnings depends on the Consumer Packaged Goods industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Tongaat Hulett and its competitors. Tongaat Hulett's current Retained Earnings is R-1,620 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tongaat Hulett stock overvalued right now?
Tongaat Hulett (JSE:TON) has a current Retained Earnings of R-1,620 Mil. The current Retained Earnings is R-1,620 Mil. Tongaat Hulett's overall GF Score™ is 11/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Tongaat Hulett (JSE:TON), the current Retained Earnings is R-1,620 Mil as of Sep. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Tongaat Hulett Ltd produces sugar and glucose in Africa. It procures its raw materials both from land it owns and from private farmers. Tongaat sells its products to customers in the foodservice industry and to consumers as branded products. Raw sugar sales make up most of the company's revenue. Its biggest markets are South Africa, Zimbabwe, and Mozambique. The company also earns revenue by converting and developing land that it owns and has used for agricultural purposes. Additionally, the by-products from its manufacturing processes create renewable energy, which the company uses to supply electricity to the grid in some instances.
11GF Score
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Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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