Tufton Assets (LSE:SHIP) Retained Earnings : $170.60 Mil (As of Dec. 2024)

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What is Tufton Assets Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Tufton Assets's retained earnings for the quarter that ended in Dec. 2024 was $170.60 Mil.

Tufton Assets's quarterly retained earnings increased from Dec. 2023 ($132.05 Mil) to Jun. 2024 ($159.42 Mil) and increased from Jun. 2024 ($159.42 Mil) to Dec. 2024 ($170.60 Mil).

Tufton Assets's annual retained earnings declined from Jun. 2022 ($137.27 Mil) to Jun. 2023 ($109.45 Mil) but then increased from Jun. 2023 ($109.45 Mil) to Jun. 2024 ($159.42 Mil).

Tufton Assets Retained Earnings Historical Data

The historical data trend for Tufton Assets'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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Tufton Assets Retained Earnings Chart

Tufton Assets Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Retained Earnings

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-7.72

52.99

137.27

109.45

159.42

Tufton Assets Semi-Annual Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Retained Earnings	Get a 7-Day Free Trial									122.32	109.45	132.05	159.42	170.60

Tufton Assets 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.

Tufton Assets (LSE:SHIP) 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.

Tufton Assets Business Description

Industry

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Address

Royal Avenue, 1 Royal Plaza, Saint Peter Port, GGY, GY1 2HL

Website

https://www.tuftonassets.com

Tufton Assets Ltd is an investment company, that invests in a diversified portfolio of second-hand commercial sea-going vessels. The company's investment objective is to provide investors with an attractive level of regular and growing income and capital returns.