GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Utility Split Trust (TSX:UST.PR.B.PFD) » Definitions » Retained Earnings

Utility Split Trust (TSX:UST.PR.B.PFD) Retained Earnings : C$0.00 Mil (As of Jun. 2016)


View and export this data going back to 2011. Start your Free Trial

What is Utility Split Trust Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Utility Split Trust's retained earnings for the quarter that ended in Jun. 2016 was C$0.00 Mil.


Utility Split Trust Retained Earnings Historical Data

The historical data trend for Utility Split Trust'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.

Utility Split Trust Retained Earnings Chart

Utility Split Trust Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Retained Earnings
Get a 7-Day Free Trial - - - - -

Utility Split Trust Semi-Annual Data
Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16
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 - - - - -

Utility Split Trust 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.


Utility Split Trust  (TSX:UST.PR.B.PFD) 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.


Utility Split Trust (TSX:UST.PR.B.PFD) Business Description

Traded in Other Exchanges
N/A
Address
Utility Split Trust was formed on October 24, 2006 and is domiciled in Canada. It is a close ended equity mutual fund of fund launched by First Asset Fund Inc. The fund is managed by First Asset Investment Management Inc. It invests in funds investing in the public equity markets. The fund also makes direct investments in the public equity markets. It seeks to invest in stocks of companies engaged in the utilities sector.

Utility Split Trust (TSX:UST.PR.B.PFD) Headlines

No Headlines