Haldane Mccall (NSA:HMCALL) Retained Earnings: ₦21,761 Mil (As of Dec. 2013)

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What is Haldane Mccall Retained Earnings?

Haldane Mccall NSA:HMCALL Retained Earnings is ₦21,761 Mil as of Dec. 2013.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Haldane Mccall's retained earnings for the quarter that ended in Dec. 2013 was ₦21,761 Mil.

Haldane Mccall's quarterly retained earnings increased from Dec. 2011 (₦7,118 Mil) to Dec. 2012 (₦14,643 Mil) and increased from Dec. 2012 (₦14,643 Mil) to Dec. 2013 (₦21,761 Mil).

Haldane Mccall's annual retained earnings increased from Dec. 2011 (₦7,118 Mil) to Dec. 2012 (₦14,643 Mil) and increased from Dec. 2012 (₦14,643 Mil) to Dec. 2013 (₦21,761 Mil).

Haldane Mccall  (NSA:HMCALL) 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.

Haldane Mccall Retained Earnings Historical Data

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The historical data trend for Haldane Mccall'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.

Haldane Mccall Retained Earnings Chart

Haldane Mccall Annual Data
Trend Dec11 Dec12 Dec13
Retained Earnings
7,118.41 14,642.51 21,760.99

Haldane Mccall Semi-Annual Data
Dec11 Dec12 Dec13
Retained Earnings 7,118.41 14,642.51 21,760.99

Haldane Mccall 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.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of ₦21,761 Mil mean?
Haldane Mccall (NSA:HMCALL) has a Retained Earnings of ₦21,761 Mil as of Dec. 2013. Retained earnings is the amount of net income not issued to shareholders. View historical data on Haldane Mccall and its competitors.
Is Haldane Mccall's Retained Earnings too high?
Haldane Mccall's current Retained Earnings is ₦21,761 Mil.
How does Haldane Mccall's Retained Earnings compare to ?
Haldane Mccall's Retained Earnings of ₦21,761 Mil can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Real Estate company?
A good Retained Earnings depends on the Real Estate industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Haldane Mccall and its competitors. Haldane Mccall's current Retained Earnings is ₦21,761 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Haldane Mccall stock overvalued right now?
Haldane Mccall (NSA:HMCALL) has a current Retained Earnings of ₦21,761 Mil. The current Retained Earnings is ₦21,761 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Haldane Mccall (NSA:HMCALL), the current Retained Earnings is ₦21,761 Mil as of Dec. 2013. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Haldane Mccall Business Description

Comparable Companies
Address 2 Sobo Arobiodu Street, Suru House, Ikeja GRA, Lagos, NGA
Haldane Mccall PLC is a real estate development and hotel business company. It owns and operates the Western Hotel Brand in Nigeria, Suru Express Hotels in West Africa and Suru Homes Limited.