Hospitality Property Fund (JSE:TSP) Retained Earnings: R180.53 Mil (As of Sep. 2020)

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What is Hospitality Property Fund Retained Earnings?

Hospitality Property Fund JSE:TSP 11 Retained Earnings is R180.53 Mil as of Sep. 2020. GuruFocus rates JSE:TSP with a GF Score™ of 11/100. The stock has 8 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Hospitality Property Fund's retained earnings for the quarter that ended in Sep. 2020 was R180.53 Mil.

Hospitality Property Fund's quarterly retained earnings increased from Sep. 2019 (R178.56 Mil) to Mar. 2020 (R281.98 Mil) but then declined from Mar. 2020 (R281.98 Mil) to Sep. 2020 (R180.53 Mil).

Hospitality Property Fund's annual retained earnings declined from Mar. 2018 (R444.11 Mil) to Mar. 2019 (R343.04 Mil) and declined from Mar. 2019 (R343.04 Mil) to Mar. 2020 (R281.98 Mil).

Hospitality Property Fund (JSE:TSP) 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.

Hospitality Property Fund Retained Earnings Historical Data

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The historical data trend for Hospitality Property Fund'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.

Hospitality Property Fund Retained Earnings Chart

Hospitality Property Fund Annual Data

Trend

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

Jun16

Mar18

Mar19

Mar20

Retained Earnings

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-2.33

107.96

444.11

343.04

281.98

Hospitality Property Fund Semi-Annual Data
	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20
Retained Earnings	Get a 7-Day Free Trial															230.12	343.04	178.56	281.98	180.53

Hospitality Property Fund 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.

Frequently Asked Questions Learn more about Retained Earnings →

What does a Retained Earnings of R180.53 Mil mean?

Hospitality Property Fund (JSE:TSP) has a Retained Earnings of R180.53 Mil as of Sep. 2020. Retained earnings is the amount of net income not issued to shareholders. View historical data on Hospitality Property Fund and its competitors.

Is Hospitality Property Fund's Retained Earnings too high?

Hospitality Property Fund's current Retained Earnings is R180.53 Mil. Overall, Hospitality Property Fund has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.

How does Hospitality Property Fund's Retained Earnings compare to HST and PK?

Hospitality Property Fund's Retained Earnings of R180.53 Mil can be compared against companies in the REITs 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 REITs company?

A good Retained Earnings depends on the REITs 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 Hospitality Property Fund and its competitors. Hospitality Property Fund's current Retained Earnings is R180.53 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Hospitality Property Fund stock overvalued right now?

Hospitality Property Fund (JSE:TSP) has a current Retained Earnings of R180.53 Mil. The current Retained Earnings is R180.53 Mil. Hospitality Property Fund's overall GF Score™ is 11/100 with 8 warning signs to review. 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 Hospitality Property Fund (JSE:TSP), the current Retained Earnings is R180.53 Mil as of Sep. 2020. 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.

Hospitality Property Fund Business Description

Industry Real Estate REITs

Comparable Companies HST PK APLE XPAR:COVH SHO RHP PEB RLJ TSE:8985 FCPT DRH SVC XHR TSE:3287 INN ASX:LEP HKSE:01881 TSE:3478 XKLS:5109 CLDT

Address Montecasino Boulevard, Palazzo Towers West, Fourways, Johannesburg, ZAF, 2055

Website http://www.hpf.co.za

Hospitality Property Fund Ltd is a specialised real estate investment trust investing in the hotel and leisure sector, providing investors with exposure to both the property and hospitality industries. The company's portfolio caters to a wide-ranging domestic and international market and accommodates various segments including corporate, government, leisure, group conferencing and event business. The properties are well diversified in terms of geographic location and class of hotel, thus mitigating the inherent risks associated within the cyclical nature of the hospitality industry.