Ocado Group (LSE:OCDO) Retained Earnings : £-450 Mil (As of Nov. 2023)

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What is Ocado Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Ocado Group's retained earnings for the quarter that ended in Nov. 2023 was £-450 Mil.

Ocado Group's quarterly retained earnings declined from Nov. 2022 (£-169 Mil) to May. 2023 (£-385 Mil) and declined from May. 2023 (£-385 Mil) to Nov. 2023 (£-450 Mil).

Ocado Group's annual retained earnings declined from Nov. 2020 (£421 Mil) to Nov. 2021 (£244 Mil) and declined from Nov. 2021 (£244 Mil) to Nov. 2022 (£-169 Mil).

Ocado Group Retained Earnings Historical Data

The historical data trend for Ocado Group'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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Ocado Group Retained Earnings Chart

Ocado Group Annual Data

Trend

Nov13

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Retained Earnings

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75.70

554.20

421.40

244.30

-169.00

Ocado Group Semi-Annual Data
	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Retained Earnings	Get a 7-Day Free Trial															244.30	51.90	-169.00	-385.20	-449.80

Ocado Group 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.

Ocado Group (LSE:OCDO) 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.

Ocado Group (LSE:OCDO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Ocado Group PLC (LSE:OCDO) » Definitions » Retained Earnings

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Address

Mosquito Way, Buildings One and Two Trident Place, Hatfield Business Park, Hatfield, Hertfordshire, GBR, AL10 9UL

Website

https://www.ocadogroup.com

Ocado, one of the largest pure online grocers in the world, operates in two divisions. Ocado Retail is the group's online grocery business in the United Kingdom (joint venture with Marks & Spencer); it offers an extensive product range of over 55,000 items via its Ocado.com website and holds more than 15% of the U.K. online grocery market and approximately 2% of the total U.K. grocery market. Ocado Solutions is built on the Ocado Smart Platform, a modular, automated online retail fulfilment and delivery solution that involves the provision of software, fulfilment infrastructure, and support services to corporate clients for a variety of one-time and ongoing costs. OSP has allowed the company to work with some of the world's largest grocers, including Ocado's retail operation.

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