Hiro Brands (ASX:HRO) Retained Earnings : A$-47.51 Mil (As of Dec. 2021)

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What is Hiro Brands Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Hiro Brands's retained earnings for the quarter that ended in Dec. 2021 was A$-47.51 Mil.

Hiro Brands's quarterly retained earnings increased from Dec. 2020 (A$-56.17 Mil) to Jun. 2021 (A$-54.54 Mil) and increased from Jun. 2021 (A$-54.54 Mil) to Dec. 2021 (A$-47.51 Mil).

Hiro Brands's annual retained earnings declined from Jun. 2020 (A$-42.62 Mil) to Jun. 2021 (A$-54.54 Mil) but then increased from Jun. 2021 (A$-54.54 Mil) to Jun. 2022 (A$-49.11 Mil).

Hiro Brands Retained Earnings Historical Data

The historical data trend for Hiro Brands'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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Hiro Brands Retained Earnings Chart

Hiro Brands Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Retained Earnings

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-16.85

-30.25

-42.62

-54.54

-49.11

Hiro Brands Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22
Retained Earnings	Get a 7-Day Free Trial								-42.62	-56.17	-54.54	-47.51	-49.11

Hiro Brands 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.

Hiro Brands (ASX:HRO) 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.

Hiro Brands (ASX:HRO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Hiro Brands Ltd (ASX:HRO) » Definitions » Retained Earnings

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Address

11 Dalmore Drive, Scoresby, Melbourne, VIC, AUS, 3179

Website

https://www.hirobrands.com

Hiro Brands Ltd provides a range of trusted and quality home care, personal care and cosmetic care products. The consumer products manufacturing includes ranges in skin and sun care, cosmetics, personal care, household cleaning. The company also markets a wide range of colour cosmetics and an impressive portfolio of exclusive distributor brands. Hiro brands include Organic Choice, Aware Sensitive, Orange Power, MUD, Ulta3, Billie Goat, Trix, Medi Manager and Actizyme.

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