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Kingfisher (LSE:KGF) Retained Earnings : £3,741 Mil (As of Jan. 2024)


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What is Kingfisher Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Kingfisher's retained earnings for the quarter that ended in Jan. 2024 was £3,741 Mil.

Kingfisher's quarterly retained earnings declined from Jan. 2023 (£3,796 Mil) to Jul. 2023 (£3,766 Mil) and declined from Jul. 2023 (£3,766 Mil) to Jan. 2024 (£3,741 Mil).

Kingfisher's annual retained earnings declined from Jan. 2022 (£4,025 Mil) to Jan. 2023 (£3,796 Mil) and declined from Jan. 2023 (£3,796 Mil) to Jan. 2024 (£3,741 Mil).


Kingfisher Retained Earnings Historical Data

The historical data trend for Kingfisher'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.

Kingfisher Retained Earnings Chart

Kingfisher Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,994.00 3,630.00 4,025.00 3,796.00 3,741.00

Kingfisher 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 4,025.00 3,986.00 3,796.00 3,766.00 3,741.00

Kingfisher 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.


Kingfisher  (LSE:KGF) 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.


Kingfisher (LSE:KGF) Business Description

Traded in Other Exchanges
Address
1 Paddington Square, London, GBR, W2 1GG
Kingfisher is a home improvement company with over 1,570 stores in eight countries across Europe. The company operates several retail banners that are focused on trade customers and general do-it-yourself needs. Kingfisher's main retail brands include B&Q, Screwfix, and TradePoint in the United Kingdom and Castorama and Brico Depot in France. The U.K. and France are Kingfisher's largest markets, accounting for 81% of sales. The company is the second-largest DIY retailer in Europe, with a leading position in the U.K. and a number-two position in France.

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