GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Les Gaz Industriels Ltd (XMAU:GIL.I0000) » Definitions » Retained Earnings

Les Gaz Industriels (XMAU:GIL.I0000) Retained Earnings : MUR161.7 Mil (As of Dec. 2024)


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

What is Les Gaz Industriels Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Les Gaz Industriels's retained earnings for the quarter that ended in Dec. 2024 was MUR161.7 Mil.

Les Gaz Industriels's quarterly retained earnings declined from Jun. 2024 (MUR165.3 Mil) to Sep. 2024 (MUR161.8 Mil) and declined from Sep. 2024 (MUR161.8 Mil) to Dec. 2024 (MUR161.7 Mil).

Les Gaz Industriels's annual retained earnings increased from Jun. 2022 (MUR163.6 Mil) to Jun. 2023 (MUR168.7 Mil) but then declined from Jun. 2023 (MUR168.7 Mil) to Jun. 2024 (MUR165.3 Mil).


Les Gaz Industriels Retained Earnings Historical Data

The historical data trend for Les Gaz Industriels'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.

Les Gaz Industriels Retained Earnings Chart

Les Gaz Industriels 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 142.09 162.61 163.57 168.69 165.28

Les Gaz Industriels Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 170.96 161.53 165.28 161.84 161.67

Les Gaz Industriels 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.


Les Gaz Industriels  (XMAU:GIL.I0000) 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.


Les Gaz Industriels Business Description

Traded in Other Exchanges
N/A
Address
Pailles Road, G.R.N.W, P.O. Box 673, Bell Village, MUS
Les Gaz Industriels Ltd manufactures and distributes medical and industrial gases in bulk and in cylinders as well as gas equipment, personal protective equipment, and welding accessories. Its medical gases include oxygen, air, entonox and nitrous oxide gases that are mainly used in hospitals, clinics, and for medical and surgical treatments; and industrial gases comprise nitrogen, oxygen, carbon dioxide, argon, hydrogen, helium, and acetylene gases, which are used in a range of industries, including oil and gas, petrochemicals, chemicals, power, steelmaking, metals, food and water. Geographically all the operations function through Mauritius. It caters to the domestic market and earns key revenue from international sales of products.

Les Gaz Industriels Headlines

No Headlines