GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Harland & Wolff Group Holdings PLC (LSE:HARL) » Definitions » Retained Earnings

Harland & Wolff Group Holdings (LSE:HARL) Retained Earnings : £-167.23 Mil (As of Jun. 2023)


View and export this data going back to 2008. Start your Free Trial

What is Harland & Wolff Group Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Harland & Wolff Group Holdings's retained earnings for the quarter that ended in Jun. 2023 was £-167.23 Mil.

Harland & Wolff Group Holdings's quarterly retained earnings declined from Jun. 2022 (£-83.02 Mil) to Dec. 2022 (£-135.73 Mil) and declined from Dec. 2022 (£-135.73 Mil) to Jun. 2023 (£-167.23 Mil).

Harland & Wolff Group Holdings's annual retained earnings declined from Jul. 2019 (£-29.46 Mil) to Jul. 2020 (£-39.87 Mil) and declined from Jul. 2020 (£-39.87 Mil) to Dec. 2022 (£-135.73 Mil).


Harland & Wolff Group Holdings Retained Earnings Historical Data

The historical data trend for Harland & Wolff Group 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.

Harland & Wolff Group Holdings Retained Earnings Chart

Harland & Wolff Group Holdings Annual Data
Trend Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Dec22
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -27.73 -28.27 -29.46 -39.87 -135.73

Harland & Wolff Group Holdings Semi-Annual Data
Jan13 Jul13 Jan14 Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jun22 Dec22 Jun23
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 -39.87 -47.13 -83.02 -135.73 -167.23

Harland & Wolff Group 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.


Harland & Wolff Group Holdings  (LSE:HARL) 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.


Harland & Wolff Group Holdings (LSE:HARL) Business Description

Traded in Other Exchanges
Address
2 Swan Lane, Fieldfisher Riverbank House, London, GBR, EC4R 3TT
Harland & Wolff Group Holdings PLC is a multisite fabrication company, operating in the maritime and offshore industry through markets such as commercial, cruise and ferry, and renewables and six services namely technical services, fabrication and construction, decommissioning, repair and maintenance, in-service support and conversion. The Comapny is organised into 6 segments: Cruise & Ferry, Commercial, Energy, Defence, Renewables and other being Head Office related. The Company generates revenue from multiple streams including shipbuilding, engineering (e.g. fabrication of wind turbines) and ship repairs and maintenance.

Harland & Wolff Group Holdings (LSE:HARL) Headlines