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Mooreast Holdings (SGX:1V3) Retained Earnings : S$10.92 Mil (As of Jun. 2023)


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What is Mooreast Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Mooreast Holdings's retained earnings for the quarter that ended in Jun. 2023 was S$10.92 Mil.

Mooreast Holdings's quarterly retained earnings increased from Jun. 2022 (S$8.15 Mil) to Dec. 2022 (S$8.65 Mil) and increased from Dec. 2022 (S$8.65 Mil) to Jun. 2023 (S$10.92 Mil).

Mooreast Holdings's annual retained earnings declined from Dec. 2020 (S$24.57 Mil) to Dec. 2021 (S$7.27 Mil) but then increased from Dec. 2021 (S$7.27 Mil) to Dec. 2022 (S$8.65 Mil).


Mooreast Holdings Retained Earnings Historical Data

The historical data trend for Mooreast 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.

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Mooreast Holdings Retained Earnings Chart

Mooreast Holdings Annual Data
Trend Dec20 Dec21 Dec22
Retained Earnings
24.57 7.27 8.65

Mooreast Holdings Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Retained Earnings Get a 7-Day Free Trial - 7.27 8.15 8.65 10.92

Mooreast 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.


Mooreast Holdings  (SGX:1V3) 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.


Mooreast Holdings (SGX:1V3) Business Description

Traded in Other Exchanges
N/A
Address
51 Shipyard Road, Mooreast Offshore Base, Singapore, SGP, 628139
Mooreast Holdings Ltd is a total mooring solutions specialist, serving the offshore oil and gas, marine and offshore renewable energy industries. With strong in-house capabilities in design, engineering and fabrication, the company offers a full range of mooring solutions including the design, engineering, fabrication, supply, mobilisation and logistics, installation and commissioning services for mooring systems and mooring system components as well as the provision of rigging and heavy lifting equipment.

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