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New Zealand Rural Land Co (NZSE:NZL) Retained Earnings : NZ$69.75 Mil (As of Dec. 2023)


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What is New Zealand Rural Land Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. New Zealand Rural Land Co's retained earnings for the quarter that ended in Dec. 2023 was NZ$69.75 Mil.

New Zealand Rural Land Co's quarterly retained earnings declined from Dec. 2022 (NZ$60.27 Mil) to Jun. 2023 (NZ$56.41 Mil) but then increased from Jun. 2023 (NZ$56.41 Mil) to Dec. 2023 (NZ$69.75 Mil).

New Zealand Rural Land Co's annual retained earnings increased from . 20 (NZ$0.00 Mil) to Jun. 2022 (NZ$58.60 Mil) and increased from Jun. 2022 (NZ$58.60 Mil) to Dec. 2023 (NZ$69.75 Mil).


New Zealand Rural Land Co Retained Earnings Historical Data

The historical data trend for New Zealand Rural Land Co'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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New Zealand Rural Land Co Retained Earnings Chart

New Zealand Rural Land Co Annual Data
Trend Jun22 Dec23
Retained Earnings
58.60 69.75

New Zealand Rural Land Co Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Retained Earnings 18.28 58.60 60.27 56.41 69.75

New Zealand Rural Land Co 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.


New Zealand Rural Land Co  (NZSE:NZL) 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.


New Zealand Rural Land Co (NZSE:NZL) Business Description

Traded in Other Exchanges
Address
c/o Duncan Cotterill, Level 2, Chartered Accountants, 50 Customhouse Quay, Wellington, NZL, 6011
New Zealand Rural Land Co Ltd operates as a real estate company that offers investors exposure to rural land as an asset class without direct involvement in agricultural operations. Its principal activity is an investment in New Zealand's rural farmland. The company seeks an opportunity to focus on dairyland, due to a combination of recent legislative and bank lending changes.

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