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Wesco Holdings (TSE:6091) Retained Earnings : 円6,624 Mil (As of Jul. 2024)


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What is Wesco Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Wesco Holdings's retained earnings for the quarter that ended in Jul. 2024 was 円6,624 Mil.

Wesco Holdings's quarterly retained earnings increased from Jan. 2024 (円6,164 Mil) to Apr. 2024 (円6,474 Mil) and increased from Apr. 2024 (円6,474 Mil) to Jul. 2024 (円6,624 Mil).

Wesco Holdings's annual retained earnings increased from Jul. 2022 (円5,654 Mil) to Jul. 2023 (円6,091 Mil) and increased from Jul. 2023 (円6,091 Mil) to Jul. 2024 (円6,624 Mil).


Wesco Holdings Retained Earnings Historical Data

The historical data trend for Wesco 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.

* Premium members only.

Wesco Holdings Retained Earnings Chart

Wesco Holdings Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,434.46 4,993.42 5,653.62 6,090.98 6,623.59

Wesco Holdings Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 6,090.98 5,967.75 6,164.25 6,474.03 6,623.59

Wesco 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.


Wesco Holdings  (TSE:6091) 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.


Wesco Holdings Business Description

Traded in Other Exchanges
N/A
Address
Shimadahon cho 2-5-35, Kita-ku, Yubinbango, Okayama, JPN, 700-0033
Wesco Holdings Inc operates as a holding company with an interest in the construction consulting business. It offers construction design, compensation consultant, environment assessment, general survey, aerial survey and geological survey services.

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