Channel Infrastructure NZ (Channel Infrastructure NZ) Retained Earnings : $-154.34 Mil (As of Dec. 2023)

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What is Channel Infrastructure NZ Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Channel Infrastructure NZ's retained earnings for the quarter that ended in Dec. 2023 was $-154.34 Mil.

Channel Infrastructure NZ's quarterly retained earnings declined from Dec. 2022 ($-147.20 Mil) to Jun. 2023 ($-150.28 Mil) and declined from Jun. 2023 ($-150.28 Mil) to Dec. 2023 ($-154.34 Mil).

Channel Infrastructure NZ's annual retained earnings increased from Dec. 2021 ($-166.47 Mil) to Dec. 2022 ($-147.20 Mil) but then declined from Dec. 2022 ($-147.20 Mil) to Dec. 2023 ($-154.34 Mil).

Channel Infrastructure NZ Retained Earnings Historical Data

The historical data trend for Channel Infrastructure NZ'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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Channel Infrastructure NZ Retained Earnings Chart

Channel Infrastructure NZ Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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326.03

207.58

-166.47

-147.20

-154.34

Channel Infrastructure NZ Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Retained Earnings	Get a 7-Day Free Trial															-166.47	-144.68	-147.20	-150.28	-154.34

Channel Infrastructure NZ 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.

Channel Infrastructure NZ (OTCPK:NZRFF) 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.

Channel Infrastructure NZ (Channel Infrastructure NZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Channel Infrastructure NZ Ltd (OTCPK:NZRFF) » Definitions » Retained Earnings

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CHI:New Zealand

Address

Private Bag 9024, Ruakaka, Whangarei, NTL, NZL, 0148

Website

https://www.channelnz.com

Channel Infrastructure NZ Ltd is an independent fuel infrastructure company. The company utilizes the deep-water harbour and jetty infrastructure at Marsden Point to receive, store and distribute imported refined fuel, which is owned by customers.