Kistos Holdings (LSE:KIST) Retained Earnings : £-12.1 Mil (As of Jun. 2024)

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What is Kistos Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Kistos Holdings's retained earnings for the quarter that ended in Jun. 2024 was £-12.1 Mil.

Kistos Holdings's quarterly retained earnings declined from Jun. 2023 (£39.9 Mil) to Dec. 2023 (£7.5 Mil) and declined from Dec. 2023 (£7.5 Mil) to Jun. 2024 (£-12.1 Mil).

Kistos Holdings's annual retained earnings increased from Dec. 2021 (£-36.2 Mil) to Dec. 2022 (£29.3 Mil) but then declined from Dec. 2022 (£29.3 Mil) to Dec. 2023 (£7.5 Mil).

Kistos Holdings Retained Earnings Historical Data

The historical data trend for Kistos 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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Kistos Holdings Retained Earnings Chart

Kistos Holdings Annual Data

Trend

Dec21

Dec22

Dec23

Retained Earnings

-36.15

29.28

7.49

Kistos Holdings Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23	Jun24
Retained Earnings	8.46	29.28	39.90	7.49	-12.05

Kistos 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.

Kistos Holdings (LSE:KIST) 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.

Kistos Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Kistos Holdings PLC (LSE:KIST) » Definitions » Retained Earnings

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Address

3 St James's Square, 2nd Floor, London, GBR, SW1Y 4JU

Website

https://www.kistosplc.com

Kistos Holdings PLC is established to create value for its investors through the acquisition and management of companies or businesses in the energy sector. Its principal area of activity is the acquisition and operation of companies or businesses in the energy sector, with a focus on upstream oil and gas activities. The company's reportable segments are; the Netherlands, comprising the production and sale of gas and other hydrocarbons in the Q10-A field and the related costs; the Norway segment comprises the production of oil from interests in the Balder and Ringhorne Ost fields offshore Norway; and the UK segment represents the production and sale of gas and other hydrocarbons from its interest in GLA and related costs.

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