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Sky High (LSE:SKHG) Retained Earnings : £0.65 Mil (As of Sep. 2012)


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What is Sky High Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Sky High's retained earnings for the quarter that ended in Sep. 2012 was £0.65 Mil.

Sky High's quarterly retained earnings declined from Sep. 2011 (£0.39 Mil) to Mar. 2012 (£0.33 Mil) but then increased from Mar. 2012 (£0.33 Mil) to Sep. 2012 (£0.65 Mil).

Sky High's annual retained earnings declined from Mar. 2010 (£0.50 Mil) to Mar. 2011 (£0.30 Mil) but then increased from Mar. 2011 (£0.30 Mil) to Mar. 2012 (£0.33 Mil).

Sky High Retained Earnings Historical Data

The historical data trend for Sky High'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.

* Premium members only.

Sky High Retained Earnings Chart

Sky High Annual Data
Trend Dec02 Jun04 Jun05 Jun06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.38 0.45 0.50 0.30 0.33

Sky High Semi-Annual Data
Dec03 Jun04 Dec04 Jun05 Dec05 Jun06 Dec06 Sep07 Mar08 Sep08 Mar09 Sep09 Mar10 Sep10 Mar11 Sep11 Mar12 Sep12
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 0.20 0.30 0.39 0.33 0.65

Sky High 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.

Sky High  (LSE:SKHG) 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.

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