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Bains de Mer Monaco (Bains de Mer Monaco) Retained Earnings : $119.0 Mil (As of Sep. 2023)


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What is Bains de Mer Monaco Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Bains de Mer Monaco's retained earnings for the quarter that ended in Sep. 2023 was $119.0 Mil.

Bains de Mer Monaco's quarterly retained earnings increased from Sep. 2022 ($909.7 Mil) to Mar. 2023 ($959.5 Mil) but then declined from Mar. 2023 ($959.5 Mil) to Sep. 2023 ($119.0 Mil).

Bains de Mer Monaco's annual retained earnings increased from Mar. 2021 ($-94.2 Mil) to Mar. 2022 ($84.1 Mil) and increased from Mar. 2022 ($84.1 Mil) to Mar. 2023 ($959.5 Mil).


Bains de Mer Monaco Retained Earnings Historical Data

The historical data trend for Bains de Mer Monaco'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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Bains de Mer Monaco Retained Earnings Chart

Bains de Mer Monaco Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.91 28.86 -94.18 84.09 959.55

Bains de Mer Monaco Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 53.66 84.09 909.74 959.55 119.01

Bains de Mer Monaco 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.


Bains de Mer Monaco  (OTCPK:BMRMF) 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.


Bains de Mer Monaco (Bains de Mer Monaco) Business Description

Traded in Other Exchanges
Address
Place du Casino, Monte Carlo, MCO, 98000
Bains de Mer Monaco is engaged in the gaming, hotel and leasing Industry. The Gaming sector combines the gaming table and slot machine operations at the Monte-Carlo Casino, the Cafe de Paris Casino, the Sun Casino, the Bay Casino, and the Rascasse. The Hotel sector includes all the accommodation and catering activities, the therapy and spa-centre and all the related hotel services provided in its establishments. The Leasing sector combines leasing activities of boutiques, office space and the hotel residence activities of the Monte-Carlo Bay and Balmoral. Bains derives the majority of revenue from the Hotel sector.

Bains de Mer Monaco (Bains de Mer Monaco) Headlines