Oceania Healthcare (NZSE:OCA) Retained Earnings : NZ$-34.3 Mil (As of Mar. 2024)

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What is Oceania Healthcare Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Oceania Healthcare's retained earnings for the quarter that ended in Mar. 2024 was NZ$-34.3 Mil.

Oceania Healthcare's quarterly retained earnings increased from Mar. 2023 (NZ$-68.5 Mil) to Sep. 2023 (NZ$-37.9 Mil) and increased from Sep. 2023 (NZ$-37.9 Mil) to Mar. 2024 (NZ$-34.3 Mil).

Oceania Healthcare's annual retained earnings declined from Mar. 2022 (NZ$-54.7 Mil) to Mar. 2023 (NZ$-68.5 Mil) but then increased from Mar. 2023 (NZ$-68.5 Mil) to Mar. 2024 (NZ$-34.3 Mil).

Oceania Healthcare Retained Earnings Historical Data

The historical data trend for Oceania Healthcare'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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Oceania Healthcare Retained Earnings Chart

Oceania Healthcare Annual Data

Trend

May17

May18

May19

May20

Mar22

Mar23

Mar24

Retained Earnings

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-110.06

-155.91

-54.74

-68.50

-34.26

Oceania Healthcare Semi-Annual Data
	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Retained Earnings	Get a 7-Day Free Trial									-54.74	-59.36	-68.50	-37.90	-34.26

Oceania Healthcare 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.

Oceania Healthcare (NZSE:OCA) 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.

Oceania Healthcare (NZSE:OCA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Oceania Healthcare Ltd (NZSE:OCA) » Definitions » Retained Earnings

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OCA:Australia

Address

80 Queen Street, Level 11, Deloitte Building, Auckland, NTL, NZL, 1010

Website

https://www.oceaniahealthcare.co.nz

Oceania Healthcare Ltd owns and operates rest homes and retirement villages. The business activities of the group are operated through care operations, village operations, and Other segments. It generates maximum revenue from the care operations segment which includes traditional care beds and care suites as well as provision of accommodation, care and care packages, meals, and related services to aged care residents. Geographically it operates through New Zealand. The company derives revenue from Rest home, hospital, dementia fees, Village service fees, Rental income, and others.