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Bens Creek Group (STU:6RX) Retained Earnings : €-40.57 Mil (As of Sep. 2023)


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What is Bens Creek Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Bens Creek Group's retained earnings for the quarter that ended in Sep. 2023 was €-40.57 Mil.

Bens Creek Group's quarterly retained earnings declined from Sep. 2022 (€-17.08 Mil) to Mar. 2023 (€-28.20 Mil) and declined from Mar. 2023 (€-28.20 Mil) to Sep. 2023 (€-40.57 Mil).

Bens Creek Group's annual retained earnings declined from Mar. 2021 (€-1.22 Mil) to Mar. 2022 (€-5.47 Mil) and declined from Mar. 2022 (€-5.47 Mil) to Mar. 2023 (€-28.20 Mil).


Bens Creek Group Retained Earnings Historical Data

The historical data trend for Bens Creek Group'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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Bens Creek Group Retained Earnings Chart

Bens Creek Group Annual Data
Trend Mar21 Mar22 Mar23
Retained Earnings
-1.22 -5.47 -28.20

Bens Creek Group Semi-Annual Data
Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Retained Earnings Get a 7-Day Free Trial -0.45 -5.47 -17.08 -28.20 -40.57

Bens Creek Group 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.


Bens Creek Group  (STU:6RX) 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.


Bens Creek Group (STU:6RX) Business Description

Traded in Other Exchanges
Address
15 Stratton Street, London, GBR, W1J 8LQ
Bens Creek Group PLC owns and operates metallurgical coal mines in North America. Its main country of operation is the United States of America. The company is engaged in Ben's creek mining project situated in the southern part of the state of West Virginia and the eastern edge of the Commonwealth of Kentucky. The company has two geographical segment, the United Kingdom and the United States of America ("USA"). Activities in the UK are mainly administrative in nature whilst the activities in the USA relate to coal production and sale of coal. Geographically the company derives the majority of its revenue from USA.

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