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UIL Finance (LSE:UTLH) Retained Earnings : £0.00 Mil (As of Dec. 2023)


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What is UIL Finance Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. UIL Finance's retained earnings for the quarter that ended in Dec. 2023 was £0.00 Mil.


UIL Finance Retained Earnings Historical Data

The historical data trend for UIL Finance'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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UIL Finance Retained Earnings Chart

UIL Finance Annual Data
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UIL Finance Semi-Annual Data
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UIL Finance 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.


UIL Finance  (LSE:UTLH) 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.


UIL Finance (LSE:UTLH) Business Description

Traded in Other Exchanges
Address
2 Church Street, Clarendon House, Hamilton, BMU, HM 11
UIL Finance Ltd is a closed-ended investment company. Its investment objective is to finance and fund the final capital entitlements of the zero dividend preference (ZDP) shares. It seeks to fund the final capital entitlements of the ZDP shares by lending current asset funds to its parent company. The company is exempt from taxation, except insofar as it is withheld from income received.

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