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JPMorgan Mid Cap Investment Trust (LSE:JMF) Retained Earnings : £0.00 Mil (As of Jun. 2023)


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What is JPMorgan Mid Cap Investment Trust Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. JPMorgan Mid Cap Investment Trust's retained earnings for the quarter that ended in Jun. 2023 was £0.00 Mil.


JPMorgan Mid Cap Investment Trust Retained Earnings Historical Data

The historical data trend for JPMorgan Mid Cap Investment Trust'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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JPMorgan Mid Cap Investment Trust Retained Earnings Chart

JPMorgan Mid Cap Investment Trust Annual Data
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Retained Earnings
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JPMorgan Mid Cap Investment Trust Semi-Annual Data
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JPMorgan Mid Cap Investment Trust 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.


JPMorgan Mid Cap Investment Trust  (LSE:JMF) 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.


JPMorgan Mid Cap Investment Trust (LSE:JMF) Business Description

Traded in Other Exchanges
Address
60 Victoria Embankment, London, GBR, EC4Y 0JP
JPMorgan Mid Cap Investment Trust PLC is an investment trust. It generates revenue from its business of long and short-term borrowings, to achieve capital growth. For this purpose, it invests in medium-sized companies that fall under the London Stock Exchange (FTSE) 250 companies. The trust's core objective is to provide its shareholders a steady pattern of dividend payments by generating returns from investment across varied sectors such as consumer services, financials, industrials, technology, consumer goods, basic materials, healthcare, oil and gas, telecommunications, and utilities.

JPMorgan Mid Cap Investment Trust (LSE:JMF) Headlines

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