GURUFOCUS.COM » STOCK LIST » Technology » Software » Harvest Technology PLC (MAL:HRV) » Definitions » Retained Earnings

Harvest Technology (MAL:HRV) Retained Earnings : €6.00 Mil (As of Jun. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Harvest Technology Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Harvest Technology's retained earnings for the quarter that ended in Jun. 2024 was €6.00 Mil.

Harvest Technology's quarterly retained earnings increased from Jun. 2023 (€5.10 Mil) to Dec. 2023 (€5.51 Mil) and increased from Dec. 2023 (€5.51 Mil) to Jun. 2024 (€6.00 Mil).

Harvest Technology's annual retained earnings increased from Dec. 2021 (€4.83 Mil) to Dec. 2022 (€5.03 Mil) and increased from Dec. 2022 (€5.03 Mil) to Dec. 2023 (€5.51 Mil).


Harvest Technology Retained Earnings Historical Data

The historical data trend for Harvest Technology'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.

Harvest Technology Retained Earnings Chart

Harvest Technology Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
1.78 3.50 4.83 5.03 5.51

Harvest Technology Semi-Annual Data
Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 5.10 5.03 5.10 5.51 6.00

Harvest Technology 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.


Harvest Technology  (MAL:HRV) 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.


Harvest Technology Business Description

Traded in Other Exchanges
N/A
Address
Valletta Road, Nineteen Twenty Three, Marsa, MLT, MRS 3000
Harvest Technology PLC is an investment and holding company. It provides delivery of business solutions and technology (including integrated and automated solutions) and payment solutions and related services. The company's portfolio consists of entities delivering systems engineering, security solutions, e-commerce platforms, electronic payments solutions, networking and system maintenance, automation products, product development and IT outsourcing. The Group operates two business activities which are the sale of payment processing services and the provision of IT solutions and security systems.

Harvest Technology Headlines

No Headlines