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Burford Capital (Burford Capital) Retained Earnings : $1,649.2 Mil (As of Dec. 2023)


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What is Burford Capital Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Burford Capital's retained earnings for the quarter that ended in Dec. 2023 was $1,649.2 Mil.

Burford Capital's quarterly retained earnings increased from Jun. 2023 ($1,293.7 Mil) to Sep. 2023 ($1,566.2 Mil) and increased from Sep. 2023 ($1,566.2 Mil) to Dec. 2023 ($1,649.2 Mil).

Burford Capital's annual retained earnings increased from Dec. 2021 ($1,067.8 Mil) to Dec. 2022 ($1,074.2 Mil) and increased from Dec. 2022 ($1,074.2 Mil) to Dec. 2023 ($1,649.2 Mil).


Burford Capital Retained Earnings Historical Data

The historical data trend for Burford Capital'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.

Burford Capital Retained Earnings Chart

Burford Capital Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 1,136.27 1,067.77 1,074.17 1,649.24

Burford Capital Quarterly Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1,074.17 1,329.00 1,293.73 1,566.24 1,649.24

Burford Capital 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.


Burford Capital  (NYSE:BUR) 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.


Burford Capital (Burford Capital) Business Description

Traded in Other Exchanges
Address
Hirzel Street, Oak House, St Peter Port, GGY, GY1 2NP
Burford Capital Ltd is a finance firm providing litigation finance, insurance, and risk transfer, law firm lending, corporate intelligence and judgment enforcement, and a wide range of investment activities. It operates in two segments: Capital provision, which is the provision of capital to the legal industry or in connection with legal matters, both directly and through investment in the group's managed funds; Asset management and other services, which includes the provision of services to the legal industry, including litigation insurance; and other corporate. The geographical segments include the United States, United Kingdom, Singapore, Hong Kong, China, and, Australia.
Executives
Alrajhi Turki Saleh A. other: Director to Mithaq Capital SPC MITHAQ CAPITAL, C/O SYNERGY, ANAS IBN MALIK ROAD, AL MALQA, RIYADH T0 13521
Muhammad Asif Seemab other: Director to Mithaq Capital SPC MITHAQ CAPITAL, C/O SYNERGY, ANAS IBN MALIK ROAD, AL MALQA, RIYADH T0 13521
Capital Spc Mithaq 10 percent owner C/O SYNERGY, ANAS IBN MALIK ROAD, AL MALQA, RIYADH T0 13521
Capital Mithaq 10 percent owner C/O SYNERGY, ANAS IBN MALIK ROAD, AL MALQA, RIYADH T0 13521