Avingtrans (LSE:AVG) Retained Earnings : £61.4 Mil (As of May. 2024)

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What is Avingtrans Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Avingtrans's retained earnings for the quarter that ended in May. 2024 was £61.4 Mil.

Avingtrans's quarterly retained earnings increased from May. 2023 (£59.8 Mil) to Nov. 2023 (£61.5 Mil) but then declined from Nov. 2023 (£61.5 Mil) to May. 2024 (£61.4 Mil).

Avingtrans's annual retained earnings increased from May. 2022 (£58.2 Mil) to May. 2023 (£59.8 Mil) and increased from May. 2023 (£59.8 Mil) to May. 2024 (£61.4 Mil).

Avingtrans Retained Earnings Historical Data

The historical data trend for Avingtrans'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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Avingtrans Retained Earnings Chart

Avingtrans Annual Data

Trend

May15

May16

May17

May18

May19

May20

May21

May22

May23

May24

Retained Earnings

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26.73

53.61

58.22

59.81

61.40

Avingtrans Semi-Annual Data
	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23	May24
Retained Earnings	Get a 7-Day Free Trial															58.22	60.49	59.81	61.55	61.40

Avingtrans 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.

Avingtrans (LSE:AVG) 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.

Avingtrans Business Description

Industry

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Address

Chatteris Business Park, Chatteris, Cambridgeshire, GBR, PE16 6SA

Website

https://www.avingtrans.plc.uk

Avingtrans PLC designs, manufactures, and supplies original equipment, systems, and associated aftermarket services to the energy, medical, and industrial markets around the world. The company is divided into the following segments Energy-AES and Medical-MII. The majority of its revenue is generated from the Energy-AES segment which which designs, manufactures, and services performance-critical electric motors and pumps for the energy industry. This segment also offers products like gas compressors, pressure vessels, blast doors, and containers. The Medical-MII segment designs and manufactures equipment for the medical, science, and research communities. Geographically, it derives key revenue from the United Kingdom, and the rest from China, Africa, the Middle East, and other regions.

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