Tongaat Hulett (JSE:TON) Retained Earnings : R-1,620 Mil (As of Sep. 2021)

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What is Tongaat Hulett Retained Earnings?

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).

Tongaat Hulett Retained Earnings Historical Data

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.

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Tongaat Hulett Retained Earnings Chart

Tongaat Hulett Annual Data

Trend

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Retained Earnings

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-919.00

-2,433.00

-3,548.00

-3,563.00

-1,340.00

Tongaat Hulett Semi-Annual Data
	Mar12	Sep12	Mar13	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21
Retained Earnings	Get a 7-Day Free Trial															-3,832.00	-3,563.00	-3,321.00	-1,340.00	-1,620.00

Tongaat Hulett 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.

Tongaat Hulett (JSE:TON) 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.

Tongaat Hulett (JSE:TON) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Tongaat Hulett Ltd (JSE:TON) » Definitions » Retained Earnings

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Address

Amanzimnyama Hill Road, P O Box 3, Tongaat, NL, ZAF, 4400

Website

https://www.tongaat.com

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.

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