Helia Group (ASX:HLI) Retained Earnings : A$862.0 Mil (As of Dec. 2023)

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What is Helia Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Helia Group's retained earnings for the quarter that ended in Dec. 2023 was A$862.0 Mil.

Helia Group's quarterly retained earnings declined from Dec. 2022 (A$989.0 Mil) to Jun. 2023 (A$778.6 Mil) but then increased from Jun. 2023 (A$778.6 Mil) to Dec. 2023 (A$862.0 Mil).

Helia Group's annual retained earnings increased from Dec. 2021 (A$945.3 Mil) to Dec. 2022 (A$989.0 Mil) but then declined from Dec. 2022 (A$989.0 Mil) to Dec. 2023 (A$862.0 Mil).

Helia Group Retained Earnings Historical Data

The historical data trend for Helia Group'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.

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Helia Group Retained Earnings Chart

Helia Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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911.65

773.13

945.32

988.97

862.01

Helia Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Retained Earnings	Get a 7-Day Free Trial															945.32	866.42	988.97	778.56	862.01

Helia Group 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.

Helia Group (ASX:HLI) 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.

Helia Group (ASX:HLI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Helia Group Ltd (ASX:HLI) » Definitions » Retained Earnings

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0GI0:Germany

Address

101 Miller Street, Level 26, North Sydney, Sydney, NSW, AUS, 2060

Website

https://www.helia.com.au

Helia listed on the Australian Securities Exchange in 2014 after its U.S.-based parent, Genworth Financial (NYSE: GNW), sold down its stake. It has since exited. With a history spanning over 50 years, Helia is a provider of lenders' mortgage insurance, or LMI, in Australia. In Australia, LMI is predominantly purchased on loans with a loan/value ratio, or LVR, above 80%. LMI protects a lender against a potential loss (gap) between the outstanding loan amount and sale proceeds on a delinquent loan property. LMI does not protect the borrower, however the premium is paid by the borrower. It's regulated by the Australian Prudential Regulation Authority, or APRA, which requires it to meet minimum regulatory capital requirements.