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Cleanaway Waste Management (STU:TG9) Retained Earnings : €-91 Mil (As of Jun. 2024)


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What is Cleanaway Waste Management Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Cleanaway Waste Management's retained earnings for the quarter that ended in Jun. 2024 was €-91 Mil.

Cleanaway Waste Management's quarterly retained earnings increased from Jun. 2023 (€-120 Mil) to Dec. 2023 (€-108 Mil) and increased from Dec. 2023 (€-108 Mil) to Jun. 2024 (€-91 Mil).

Cleanaway Waste Management's annual retained earnings declined from Jun. 2022 (€-71 Mil) to Jun. 2023 (€-120 Mil) but then increased from Jun. 2023 (€-120 Mil) to Jun. 2024 (€-91 Mil).


Cleanaway Waste Management Retained Earnings Historical Data

The historical data trend for Cleanaway Waste Management'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.

Cleanaway Waste Management Retained Earnings Chart

Cleanaway Waste Management Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -87.39 -55.14 -71.07 -120.36 -90.56

Cleanaway Waste Management 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 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 -71.07 -72.30 -120.36 -107.78 -90.56

Cleanaway Waste Management 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.


Cleanaway Waste Management  (STU:TG9) 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.


Cleanaway Waste Management Business Description

Traded in Other Exchanges
Address
441 St Kilda Road, Level 4, Melbourne, VIC, AUS, 3004
Cleanaway Waste Management is Australia's largest waste management business with a national footprint in the collection and disposal of waste. It is active in municipal and commercial and industrial waste stream segments and in nonhazardous and hazardous liquid and medical waste. While Cleanaway is allocating greater capital to waste processing and treatment, earnings remain skewed toward waste collection. The company is particularly strong in commercial, industrial, and municipal waste collection with strong market share in all large Australian metro waste collection markets.

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