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Ecofin Global Utilities and Infrastructure Trust (LSE:EGL) Retained Earnings : £0.00 Mil (As of Sep. 2023)


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What is Ecofin Global Utilities and Infrastructure Trust Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Ecofin Global Utilities and Infrastructure Trust's retained earnings for the quarter that ended in Sep. 2023 was £0.00 Mil.


Ecofin Global Utilities and Infrastructure Trust Retained Earnings Historical Data

The historical data trend for Ecofin Global Utilities and Infrastructure Trust'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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Ecofin Global Utilities and Infrastructure Trust Retained Earnings Chart

Ecofin Global Utilities and Infrastructure Trust Annual Data
Trend Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Retained Earnings
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Ecofin Global Utilities and Infrastructure Trust Semi-Annual Data
Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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Ecofin Global Utilities and Infrastructure Trust 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.


Ecofin Global Utilities and Infrastructure Trust  (LSE:EGL) 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.


Ecofin Global Utilities and Infrastructure Trust (LSE:EGL) Business Description

Traded in Other Exchanges
Address
Rodney Way, Hamilton Centre, Chelmsford, Essex, GBR, CM1 3BY
Ecofin Global Utilities and Infrastructure Trust PLC is an investment trust which is engaged in portfolio investment. The investment objective of the company is to achieve a high, secure dividend yield on its investment portfolio and to realize long-term growth in the capital value of the portfolio.