African Potash (LSE:AFPO) Retained Earnings : £-11.25 Mil (As of Jun. 2016)

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What is African Potash Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. African Potash's retained earnings for the quarter that ended in Jun. 2016 was £-11.25 Mil.

African Potash's quarterly retained earnings declined from Jun. 2015 (£-7.23 Mil) to Dec. 2015 (£-8.01 Mil) and declined from Dec. 2015 (£-8.01 Mil) to Jun. 2016 (£-11.25 Mil).

African Potash's annual retained earnings declined from Jun. 2014 (£-2.39 Mil) to Jun. 2015 (£-7.23 Mil) and declined from Jun. 2015 (£-7.23 Mil) to Jun. 2016 (£-11.25 Mil).

African Potash Retained Earnings Historical Data

The historical data trend for African Potash'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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African Potash Retained Earnings Chart

African Potash Annual Data

Trend

Jun12

Jun13

Jun14

Jun15

Jun16

Retained Earnings

-1.80

-1.95

-2.39

-7.23

-11.25

African Potash Semi-Annual Data
	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16
Retained Earnings	Get a 7-Day Free Trial				-2.39	-3.01	-7.23	-8.01	-11.25

African Potash 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.

African Potash (LSE:AFPO) 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.

African Potash (LSE:AFPO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » African Potash Ltd (LSE:AFPO) » Definitions » Retained Earnings

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Traded in Other Exchanges

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Address

Richmond House, St Julian's Avenue, St Peter Port, GGY, GY1 1GZ

Website

http://www.blockcommodities.com

Block Commodities Ltd is focused on building a platform for the mining, production, and distribution of fertilizer. The business operates through various segments that are Trading, which trades fertilizer; and Exploration, which explores potash properties. The company operates in one geographical segment that is Africa. It has one project namely the Lac Dinga project.

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