Zigup (LSE:ZIG) Retained Earnings : £528 Mil (As of Oct. 2023)

View and export this data going back to 1955. Start your Free Trial

What is Zigup Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Zigup's retained earnings for the quarter that ended in Oct. 2023 was £528 Mil.

Zigup's quarterly retained earnings increased from Oct. 2022 (£460 Mil) to Apr. 2023 (£500 Mil) and increased from Apr. 2023 (£500 Mil) to Oct. 2023 (£528 Mil).

Zigup's annual retained earnings increased from Apr. 2021 (£352 Mil) to Apr. 2022 (£412 Mil) and increased from Apr. 2022 (£412 Mil) to Apr. 2023 (£500 Mil).

Zigup Retained Earnings Historical Data

The historical data trend for Zigup'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.

Zigup Retained Earnings Chart

Zigup Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Retained Earnings

Get a 7-Day Free Trial

323.84

310.28

351.75

412.34

500.27

Zigup Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Retained Earnings	Get a 7-Day Free Trial															379.59	412.34	459.69	500.27	528.50

Zigup 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.

Zigup (LSE:ZIG) 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.

Zigup (LSE:ZIG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Zigup PLC (LSE:ZIG) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

ZIGl:UK 21W:Germany

Address

Lingfield Way, Northgate Centre, Darlington, GBR, DL1 4PZ

Website

https://www.reddenorthgate.com

Redde Northgate PLC provides integrated mobility solutions to businesses and personal customers. These solutions comprise vehicle rental services, accident and incident management services, repair & maintenance services, vehicle disposal and other ancillary services to keep customers mobile. It is engaged in the group functions through the following segments: the Northgate UK&I, Northgate Spain, and Redde. The company generates maximum revenue from the Northgate UK&I segment. Geographically, the business presence of the firm is seen across the region of the UK, Spain, and the Republic of Ireland.