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Mosman Oil and Gas (LSE:MSMN) Retained Earnings : £-18.66 Mil (As of Dec. 2023)


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What is Mosman Oil and Gas Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Mosman Oil and Gas's retained earnings for the quarter that ended in Dec. 2023 was £-18.66 Mil.

Mosman Oil and Gas's quarterly retained earnings declined from Dec. 2022 (£-18.19 Mil) to Jun. 2023 (£-18.23 Mil) and declined from Jun. 2023 (£-18.23 Mil) to Dec. 2023 (£-18.66 Mil).

Mosman Oil and Gas's annual retained earnings declined from Jun. 2021 (£-16.25 Mil) to Jun. 2022 (£-18.36 Mil) but then increased from Jun. 2022 (£-18.36 Mil) to Jun. 2023 (£-18.23 Mil).


Mosman Oil and Gas Retained Earnings Historical Data

The historical data trend for Mosman Oil and Gas'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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Mosman Oil and Gas Retained Earnings Chart

Mosman Oil and Gas Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -13.21 -15.96 -16.25 -18.36 -18.23

Mosman Oil and Gas Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only -16.26 -18.36 -18.19 -18.23 -18.66

Mosman Oil and Gas 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.


Mosman Oil and Gas  (LSE:MSMN) 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.


Mosman Oil and Gas (LSE:MSMN) Business Description

Traded in Other Exchanges
N/A
Address
C/-Traverse Accountants Pty Ltd, 24-26 Kent Street, Millers Point, NSW, AUS, 2000
Mosman Oil and Gas Ltd along with its subsidiaries is engaged in the exploration and development of oil and gas properties. It has two reportable segments based on the geographical areas of the mineral resource and exploration activities including Australia and the United States of America. The Company has several projects in the United States: Stanley, Greater Stanley, Livingston, Winters, Challenger, and Champion in East Texas and Arkoma in Oklahoma in addition to exploration projects in the Amadeus Basin in Central Australia. Geographically, Company derives the majority of its revenue from the United States of America.

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