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Albemarle & Bond Holdings (LSE:ABM) Retained Earnings : £53.7 Mil (As of Jun. 2013)


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What is Albemarle & Bond Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Albemarle & Bond Holdings's retained earnings for the quarter that ended in Jun. 2013 was £53.7 Mil.

Albemarle & Bond Holdings's quarterly retained earnings increased from Jun. 2011 (£48.7 Mil) to Jun. 2012 (£57.3 Mil) but then declined from Jun. 2012 (£57.3 Mil) to Jun. 2013 (£53.7 Mil).

Albemarle & Bond Holdings's annual retained earnings increased from Jun. 2011 (£48.7 Mil) to Jun. 2012 (£57.3 Mil) but then declined from Jun. 2012 (£57.3 Mil) to Jun. 2013 (£53.7 Mil).


Albemarle & Bond Holdings Retained Earnings Historical Data

The historical data trend for Albemarle & Bond 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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Albemarle & Bond Holdings Retained Earnings Chart

Albemarle & Bond Holdings Annual Data
Trend Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.32 39.87 48.66 57.32 53.74

Albemarle & Bond Holdings Semi-Annual Data
Jun92 Jun93 Jun94 Jun95 Jun96 Jun97 Jun98 Jun01 Jun02 Jun03 Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 30.32 39.87 48.66 57.32 53.74

Albemarle & Bond 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.


Albemarle & Bond Holdings  (LSE:ABM) 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.


Albemarle & Bond Holdings (LSE:ABM) Business Description

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Albemarle & Bond Holdings PLC was incorporated on January 17, 1986. The Company is a holding company engaged in pawnbroking, retail jewellery sales, gold purchasing, unsecured lending, including cheque cashing and other financial services. It has approximately 230 stores and 1,000 employees. Operating under the two brands, Albemarle Bond and Herbert Brown, it provides its customers with a range of services including jewellery retailing, pawnbroking loans, gold purchasing and a range of unsecured loan products. The pawn loan is secured against jewellery for a maximum of six months. The customer can redeem their jewellery by repaying the loan and interest owing at any time without incurring penalties for early redemption. The Company provides short-term loans through three products, PayDay Advances, Speedloans, and Cheque Cashing. PayDay Advances offer customers short-term unsecured loans to meet their cash flow requirements until wages are received. Speedloans provide customers with immediately available installment loans over a longer term of between six and 18 months and Cheque Cashing provides access to their cash for customers who have received cheques. The Company offers a range of new and second hand jewellery. Herbert Brown offers a range of new, second hand and antique jewellery.

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