GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Spark Infrastructure Group (OTCPK:SFDPF) » Definitions » Retained Earnings

Spark Infrastructure Group (Spark Infrastructure Group) Retained Earnings : $897.06 Mil (As of Jun. 2021)


View and export this data going back to 2010. Start your Free Trial

What is Spark Infrastructure Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Spark Infrastructure Group's retained earnings for the quarter that ended in Jun. 2021 was $897.06 Mil.

Spark Infrastructure Group's quarterly retained earnings increased from Jun. 2020 ($729.84 Mil) to Dec. 2020 ($836.46 Mil) and increased from Dec. 2020 ($836.46 Mil) to Jun. 2021 ($897.06 Mil).

Spark Infrastructure Group's annual retained earnings increased from Dec. 2018 ($682.56 Mil) to Dec. 2019 ($696.63 Mil) and increased from Dec. 2019 ($696.63 Mil) to Dec. 2020 ($836.46 Mil).


Spark Infrastructure Group Retained Earnings Historical Data

The historical data trend for Spark Infrastructure Group'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.

Spark Infrastructure Group Retained Earnings Chart

Spark Infrastructure Group Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 702.72 802.89 682.56 696.63 836.46

Spark Infrastructure Group Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21
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 681.97 696.63 729.84 836.46 897.06

Spark Infrastructure Group 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.


Spark Infrastructure Group  (OTCPK:SFDPF) 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.


Spark Infrastructure Group (Spark Infrastructure Group) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
225 George Street, Level 29, Grosvenor Place, Sydney, NSW, AUS, 2000
Spark Infrastructure owns 49% interests in three electricity distribution companies: Powercor, servicing western suburbs of Melbourne; CitiPower, servicing Melbourne's inner suburbs and central business district; and SA Power Networks, servicing South Australia. Powercor and CitiPower are collectively known as Victoria Power Networks. It also owns 15% of TransGrid, the main electricity transmission network in New South Wales. The assets are heavily regulated, falling under the purview of the Australian Energy Regulator.

Spark Infrastructure Group (Spark Infrastructure Group) Headlines

No Headlines