GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Doric Nimrod Air Three Ltd (LSE:DNA3) » Definitions » Retained Earnings

Doric Nimrod Air Three (LSE:DNA3) Retained Earnings : £-122.78 Mil (As of Sep. 2023)


View and export this data going back to 2013. Start your Free Trial

What is Doric Nimrod Air Three Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Doric Nimrod Air Three's retained earnings for the quarter that ended in Sep. 2023 was £-122.78 Mil.

Doric Nimrod Air Three's quarterly retained earnings increased from Sep. 2022 (£-146.21 Mil) to Mar. 2023 (£-137.72 Mil) and increased from Mar. 2023 (£-137.72 Mil) to Sep. 2023 (£-122.78 Mil).

Doric Nimrod Air Three's annual retained earnings declined from Mar. 2021 (£-133.64 Mil) to Mar. 2022 (£-149.14 Mil) but then increased from Mar. 2022 (£-149.14 Mil) to Mar. 2023 (£-137.72 Mil).


Doric Nimrod Air Three Retained Earnings Historical Data

The historical data trend for Doric Nimrod Air Three'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.

Doric Nimrod Air Three Retained Earnings Chart

Doric Nimrod Air Three Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Retained Earnings
Get a 7-Day Free Trial -41.97 -100.96 -133.64 -149.14 -137.72

Doric Nimrod Air Three Semi-Annual Data
Sep15 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 -131.03 -149.14 -146.21 -137.72 -122.78

Doric Nimrod Air Three 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.


Doric Nimrod Air Three  (LSE:DNA3) 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.


Doric Nimrod Air Three (LSE:DNA3) Business Description

Traded in Other Exchanges
N/A
Address
Dorey Court, Admiral Park, PO Box 156, Saint Peter Port, GGY, GY1 4EU
Doric Nimrod Air Three Ltd is a Guernsey-domiciled company. Its investment objective is to obtain income returns and a capital return for its shareholders by acquiring, leasing, and then selling aircraft. The Company is engaged in a single segment of business, being acquiring, leasing and then selling of the Aircraft. The company has four Airbus A380 aircraft, which it is leasing to Emirates Airline.

Doric Nimrod Air Three (LSE:DNA3) Headlines

No Headlines