Gladstone Pacific Nickel (LSE:GPN) Retained Earnings: £-73.20 Mil (As of Dec. 2012)

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What is Gladstone Pacific Nickel Retained Earnings?

Gladstone Pacific Nickel LSE:GPN Retained Earnings is £-73.20 Mil as of Dec. 2012.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Gladstone Pacific Nickel's retained earnings for the quarter that ended in Dec. 2012 was £-73.20 Mil.

Gladstone Pacific Nickel's quarterly retained earnings declined from Jun. 2012 (£-71.74 Mil) to Sep. 2012 (£-72.56 Mil) and declined from Sep. 2012 (£-72.56 Mil) to Dec. 2012 (£-73.20 Mil).

Gladstone Pacific Nickel's annual retained earnings declined from Jun. 2010 (£-63.56 Mil) to Jun. 2011 (£-73.56 Mil) but then increased from Jun. 2011 (£-73.56 Mil) to Jun. 2012 (£-71.74 Mil).

Gladstone Pacific Nickel  (LSE:GPN) 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.

Gladstone Pacific Nickel Retained Earnings Historical Data

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The historical data trend for Gladstone Pacific Nickel'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.

Gladstone Pacific Nickel Retained Earnings Chart

Gladstone Pacific Nickel Annual Data
Trend Jun09 Jun10 Jun11 Jun12
Retained Earnings
-52.90 -63.56 -73.56 -71.74

Gladstone Pacific Nickel Quarterly Data
Dec10 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12
Retained Earnings Get a 7-Day Free Trial -74.38 -75.82 -71.74 -72.56 -73.20

Gladstone Pacific Nickel 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.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of £-73.20 Mil mean?
Gladstone Pacific Nickel (LSE:GPN) has a Retained Earnings of £-73.20 Mil as of Dec. 2012. Retained earnings is the amount of net income not issued to shareholders. View historical data on Gladstone Pacific Nickel and its competitors.
Is Gladstone Pacific Nickel's Retained Earnings too high?
Gladstone Pacific Nickel's current Retained Earnings is £-73.20 Mil.
How does Gladstone Pacific Nickel's Retained Earnings compare to competitors?
Gladstone Pacific Nickel's Retained Earnings of £-73.20 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Metals & Mining company?
A good Retained Earnings depends on the Metals & Mining industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Gladstone Pacific Nickel and its competitors. Gladstone Pacific Nickel's current Retained Earnings is £-73.20 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gladstone Pacific Nickel stock overvalued right now?
Gladstone Pacific Nickel (LSE:GPN) has a current Retained Earnings of £-73.20 Mil. The current Retained Earnings is £-73.20 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Gladstone Pacific Nickel (LSE:GPN), the current Retained Earnings is £-73.20 Mil as of Dec. 2012. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Gladstone Pacific Nickel Business Description

Gladstone Pacific Nickel Ltd. is incorporated in Australia. The company, together with its subsidiaries, engages in the exploration and evaluation of mineral properties in Australia and the south-west Pacific region. It owns the Marlborough nickel/cobalt lateritic deposits located near Rockhampton in Central Queensland, Australia. Gladstone Pacific Nickel Ltd. was formerly known as Pearson Matheson Group Pty Ltd.