HSS Hire Group (STU:HG3) Retained Earnings : €33.8 Mil (As of Jun. 2024)

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What is HSS Hire Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. HSS Hire Group's retained earnings for the quarter that ended in Jun. 2024 was €33.8 Mil.

HSS Hire Group's quarterly retained earnings declined from Jun. 2023 (€44.4 Mil) to Dec. 2023 (€38.8 Mil) and declined from Dec. 2023 (€38.8 Mil) to Jun. 2024 (€33.8 Mil).

HSS Hire Group's annual retained earnings increased from Dec. 2021 (€14.4 Mil) to Dec. 2022 (€37.4 Mil) and increased from Dec. 2022 (€37.4 Mil) to Dec. 2023 (€38.8 Mil).

HSS Hire Group Retained Earnings Historical Data

The historical data trend for HSS Hire 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.

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HSS Hire Group Retained Earnings Chart

HSS Hire Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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-26.31

-50.21

14.44

37.37

38.83

HSS Hire Group Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Retained Earnings	Get a 7-Day Free Trial															21.81	37.37	44.38	38.83	33.80

HSS Hire 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.

HSS Hire Group (STU:HG3) 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.

HSS Hire Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » HSS Hire Group PLC (STU:HG3) » Definitions » Retained Earnings

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HSS:UK

Address

Mosley Road, Building 2, Think Park, Manchester, GBR, M17 1FQ76

Website

https://www.hsshiregroup.com

HSS Hire Group PLC operates in the United Kingdom based rental and leasing industry and is a leader in the equipment hire market. The company's business focuses on supplying equipment and services to the fit-out, maintain and operate sectors of the market. The company operates in two main segments it includes Service and Operations. The Service Segment runs a digital marketplace connecting customers and suppliers, boasting scalability, tech-driven operations, and specialized training services. On the other hand, the Operations Segment manages fulfillment and power generation, with a strong emphasis on health, safety, and quality standards.

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