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Cayenne Trust (The) (LSE:TCT) Retained Earnings : £0.00 Mil (As of Jul. 2015)


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What is Cayenne Trust (The) Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Cayenne Trust (The)'s retained earnings for the quarter that ended in Jul. 2015 was £0.00 Mil.

Cayenne Trust (The)'s annual retained earnings declined from Jan. 2013 (£1.07 Mil) to Jan. 2014 (£0.00 Mil) but then stayed the same from Jan. 2014 (£0.00 Mil) to Jan. 2015 (£0.00 Mil).


Cayenne Trust (The) Retained Earnings Historical Data

The historical data trend for Cayenne Trust (The)'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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Cayenne Trust (The) Retained Earnings Chart

Cayenne Trust (The) Annual Data
Trend Jan06 Jan07 Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.92 1.18 1.07 - -

Cayenne Trust (The) Semi-Annual Data
Jan06 Jul06 Jan07 Jul07 Jan08 Jul08 Jan09 Jul09 Jan10 Jul10 Jan11 Jul11 Jan12 Jul12 Jan13 Jul13 Jan14 Jul14 Jan15 Jul15
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 1.09 - - - -

Cayenne Trust (The) 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.


Cayenne Trust (The)  (LSE:TCT) 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.


Cayenne Trust (The) (LSE:TCT) Business Description

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Cayenne Trust (The) PLC is an investment trust incorporated on December 14, 1992. The Company's investment objective is to achieve consistent positive absolute returns. It invests principally in the securities of UK investment trust companies and other closed-end funds. It also has the flexibility to invest in listed or unlisted open-ended funds and may invest in any security issued by any exchange traded fund, investment fund, investment company, holding company or similar collective investment scheme.

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