Brookfield Asset Management (Brookfield Asset Management) Retained Earnings : $-35.0 Mil (As of Dec. 2023)

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What is Brookfield Asset Management Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Brookfield Asset Management's retained earnings for the quarter that ended in Dec. 2023 was $-35.0 Mil.

Brookfield Asset Management's quarterly retained earnings declined from Jun. 2023 ($-1.0 Mil) to Sep. 2023 ($-4.0 Mil) and declined from Sep. 2023 ($-4.0 Mil) to Dec. 2023 ($-35.0 Mil).

Brookfield Asset Management's annual retained earnings increased from Dec. 2021 ($0.0 Mil) to Dec. 2022 ($19.0 Mil) but then declined from Dec. 2022 ($19.0 Mil) to Dec. 2023 ($-35.0 Mil).

Brookfield Asset Management Retained Earnings Historical Data

The historical data trend for Brookfield Asset Management'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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Brookfield Asset Management Retained Earnings Chart

Brookfield Asset Management Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Retained Earnings

19.00

-35.00

Brookfield Asset Management Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Retained Earnings	Get a 7-Day Free Trial						19.00	17.00	-1.00	-4.00	-35.00

Brookfield Asset Management 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.

Brookfield Asset Management (NYSE:BAM) 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.

Brookfield Asset Management (Brookfield Asset Management) Business Description

Industry

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Address

181 Bay Street, Suite 100, Brookfield Place, Toronto, ON, CAN, M5H 2T3

Website

https://www.brookfield.com

Brookfield Asset Management Ltd engages in providing alternative asset management services through an ownership interest in a leading global alternative asset management business. It offers a range of alternative investment products to investors around the world including public and private pension plans, endowments and foundations, sovereign wealth funds, financial institutions, insurance companies, and private wealth investors.