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Washington H Soul Pattinson (ASX:SOL) Retained Earnings : A$4,497.7 Mil (As of Jan. 2024)


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What is Washington H Soul Pattinson Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Washington H Soul Pattinson's retained earnings for the quarter that ended in Jan. 2024 was A$4,497.7 Mil.

Washington H Soul Pattinson's quarterly retained earnings increased from Jan. 2023 (A$4,220.0 Mil) to Jul. 2023 (A$4,358.6 Mil) and increased from Jul. 2023 (A$4,358.6 Mil) to Jan. 2024 (A$4,497.7 Mil).

Washington H Soul Pattinson's annual retained earnings declined from Jul. 2021 (A$4,201.4 Mil) to Jul. 2022 (A$3,953.0 Mil) but then increased from Jul. 2022 (A$3,953.0 Mil) to Jul. 2023 (A$4,358.6 Mil).


Washington H Soul Pattinson Retained Earnings Historical Data

The historical data trend for Washington H Soul Pattinson'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.

Washington H Soul Pattinson Retained Earnings Chart

Washington H Soul Pattinson Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,301.83 4,133.31 4,201.40 3,953.00 4,358.58

Washington H Soul Pattinson Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 3,417.31 3,953.00 4,220.03 4,358.58 4,497.74

Washington H Soul Pattinson 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.


Washington H Soul Pattinson  (ASX:SOL) 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.


Washington H Soul Pattinson (ASX:SOL) Business Description

Traded in Other Exchanges
Address
151 Clarence Street, Level 14, Sydney, NSW, AUS, 2000
Washington H. Soul Pattinson, or Soul Patts, is a value-oriented investment house which invests in both public and private markets. As an investor, Soul Patts allocates capital with a view to taking a long-term position in its investments and on a passive basis. Long-term holdings in the group's three largest investments—TPG Telecom, Brickworks and New Hope Corporation—contribute more than half of the group's circa AUD 11 billion investment net asset value. A cross-shareholding between Soul Patts and Brickworks was established in the 1960s.