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Global Ports Holding (LSE:GPH) Retained Earnings : £-70.8 Mil (As of Sep. 2023)


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What is Global Ports Holding Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Global Ports Holding's retained earnings for the quarter that ended in Sep. 2023 was £-70.8 Mil.

Global Ports Holding's quarterly retained earnings declined from Sep. 2022 (£-57.2 Mil) to Mar. 2023 (£-60.4 Mil) and declined from Mar. 2023 (£-60.4 Mil) to Sep. 2023 (£-70.8 Mil).

Global Ports Holding's annual retained earnings declined from Dec. 2019 (£46.6 Mil) to Mar. 2022 (£-36.6 Mil) and declined from Mar. 2022 (£-36.6 Mil) to Mar. 2023 (£-60.4 Mil).


Global Ports Holding Retained Earnings Historical Data

The historical data trend for Global Ports Holding'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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Global Ports Holding Retained Earnings Chart

Global Ports Holding Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Mar22 Mar23
Retained Earnings
Get a 7-Day Free Trial 106.79 86.10 46.58 -36.58 -60.39

Global Ports Holding Semi-Annual Data
Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Sep21 Mar22 Sep22 Mar23 Sep23
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 -22.56 -36.58 -57.20 -60.39 -70.75

Global Ports Holding 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.


Global Ports Holding  (LSE:GPH) 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.


Global Ports Holding (LSE:GPH) Business Description

Traded in Other Exchanges
Address
Buyukdere Cad Number 193, Levent 193 Plaza, Istanbul, TUR, 34394
Global Ports Holding PLC is an independent cruise port operator. The company serves the needs of the world's cruise lines, ferries, and mega yachts. The company's portfolio includes assets that range from major cruise hubs such as Barcelona and Venice to high-traffic core ports such as Valletta and Cagliari and Singapore cruise ports. It operates two growing commercial ports in Turkey and Montenegro. The group's reportable segments are Western Mediterranean & Atlantic region, Central Mediterranean region, Americas Region and Eastern Mediterranean and Adriatic region, Other operations.

Global Ports Holding (LSE:GPH) Headlines

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