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KPGHF (Kelly Partners Group Holdings) Retained Earnings : $6.12 Mil (As of Jun. 2024)


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What is Kelly Partners Group Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Kelly Partners Group Holdings's retained earnings for the quarter that ended in Jun. 2024 was $6.12 Mil.

Kelly Partners Group Holdings's quarterly retained earnings increased from Jun. 2023 ($4.76 Mil) to Dec. 2023 ($5.27 Mil) and increased from Dec. 2023 ($5.27 Mil) to Jun. 2024 ($6.12 Mil).

Kelly Partners Group Holdings's annual retained earnings declined from Jun. 2022 ($5.08 Mil) to Jun. 2023 ($4.76 Mil) but then increased from Jun. 2023 ($4.76 Mil) to Jun. 2024 ($6.12 Mil).


Kelly Partners Group Holdings Retained Earnings Historical Data

The historical data trend for Kelly Partners Group 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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Kelly Partners Group Holdings Retained Earnings Chart

Kelly Partners Group Holdings Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Retained Earnings
Get a 7-Day Free Trial 1.25 3.42 5.08 4.76 6.12

Kelly Partners Group Holdings Semi-Annual Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.08 4.46 4.76 5.27 6.12

Kelly Partners Group 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.


Kelly Partners Group Holdings  (OTCPK:KPGHF) 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.


Kelly Partners Group Holdings Business Description

Traded in Other Exchanges
Address
32 Walker Street, Level 8, North Sydney, Sydney, NSW, AUS, 2060
Kelly Partners Group Holdings Ltd operates a chartered accounting business which assists small and medium enterprises, private business owners and high net worth individuals to manage their accounting, taxation, audit, and wealth management activities. The company's operating segment include Accounting and Other services. It generates maximum revenue from the Accounting segment. The Accounting segment that derives maximum revenue includes accounting and taxation services, corporate secretarial, outsourced CFO, audits, business structuring, bookkeeping, and all other accounting related services. Other services segment includes financial broking services, wealth management, corporate advisory, investment office, and all other non-accounting services.