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LTGHY (Life Healthcare Group Holdings) Retained Earnings : $-19 Mil (As of Sep. 2024)


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What is Life Healthcare Group Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Life Healthcare Group Holdings's retained earnings for the quarter that ended in Sep. 2024 was $-19 Mil.

Life Healthcare Group Holdings's quarterly retained earnings declined from Sep. 2023 ($227 Mil) to Mar. 2024 ($0 Mil) and declined from Mar. 2024 ($0 Mil) to Sep. 2024 ($-19 Mil).

Life Healthcare Group Holdings's annual retained earnings declined from Sep. 2022 ($265 Mil) to Sep. 2023 ($227 Mil) and declined from Sep. 2023 ($227 Mil) to Sep. 2024 ($-19 Mil).


Life Healthcare Group Holdings Retained Earnings Historical Data

The historical data trend for Life Healthcare Group Holdings'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.

Life Healthcare Group Holdings Retained Earnings Chart

Life Healthcare Group Holdings Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 117.49 254.95 265.03 227.36 -18.93

Life Healthcare Group Holdings Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 265.03 - 227.36 - -18.93

Life Healthcare Group Holdings 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.


Life Healthcare Group Holdings  (OTCPK:LTGHY) 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.


Life Healthcare Group Holdings Business Description

Traded in Other Exchanges
Address
203 Oxford Road, Building 2, Oxford Parks, Corner Eastwood and Oxford Roads, Dunkeld, Johannesburg, GT, ZAF, 2196
Life Healthcare Group Holdings Ltd is an international and diversified healthcare organization based in South Africa. The firm's segments include Hospitals that derive maximum revenue, Complementary services, Healthcare services, and Radiopharmaceutical products. The hospital services segment comprises all the acute hospitals and the complementary services segment includes mental health, acute rehabilitation, renal dialysis, oncology, and imaging services. The healthcare services segment comprises Life Nkanyisa and Life Health Solutions; and the radiopharmaceuticals represent the products developed by LMI across Europe, the UK, and the USA. Geographically, the company derives a majority of its revenue from its business in South Africa and the rest from International markets.