Fan Milk (XGHA:FML) Retained Earnings : GHS195.1 Mil (As of Dec. 2022)

View and export this data going back to 1991. Start your Free Trial

What is Fan Milk Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Fan Milk's retained earnings for the quarter that ended in Dec. 2022 was GHS195.1 Mil.

Fan Milk's quarterly retained earnings declined from Jun. 2022 (GHS231.8 Mil) to Sep. 2022 (GHS219.9 Mil) and declined from Sep. 2022 (GHS219.9 Mil) to Dec. 2022 (GHS195.1 Mil).

Fan Milk's annual retained earnings declined from Dec. 2019 (GHS249.6 Mil) to Dec. 2021 (GHS236.7 Mil) and declined from Dec. 2021 (GHS236.7 Mil) to Dec. 2022 (GHS195.1 Mil).

Fan Milk Retained Earnings Historical Data

The historical data trend for Fan Milk'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.

Fan Milk Retained Earnings Chart

Fan Milk Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec21

Dec22

Retained Earnings

Get a 7-Day Free Trial

211.68

224.58

249.59

236.68

195.08

Fan Milk Quarterly Data
	Jun15	Sep15	Dec15	Mar16	Dec16	Mar17	Dec17	Sep18	Dec18	Sep19	Dec19	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Retained Earnings	Get a 7-Day Free Trial															236.68	235.69	231.84	219.85	195.08

Fan Milk 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.

Fan Milk (XGHA:FML) 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.

Fan Milk (XGHA:FML) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Fan Milk PLC (XGHA:FML) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

N/A

Address

Airport Commercial Centre, 2nd Floor, Grand Oyeman Building, Accra, GHA

Website

https://www.fanmilk.com

Fan Milk PLC engages in the manufacturing and distribution of dairy products and fruit drinks. The company's milk-based products consist of frozen ice creams, chocolate, and yoghurt that includes FanYogo (yoghurt), FanChoco (chocolate), and FanIce (ice cream). Its fruit-based products include FanDango (fruit drink) and FanPop. It distributes its products through independent distributors and agents. The majority of the revenue is derived from the manufacturing and distribution of dairy products and fruit drinks.

Fan Milk (XGHA:FML) Headlines

No Headlines