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Compagnie Financiere Richemont (Compagnie Financiere Richemont) Retained Earnings : $14,996 Mil (As of Sep. 2023)


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What is Compagnie Financiere Richemont Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Compagnie Financiere Richemont's retained earnings for the quarter that ended in Sep. 2023 was $14,996 Mil.

Compagnie Financiere Richemont's quarterly retained earnings increased from Sep. 2022 ($13,311 Mil) to Mar. 2023 ($15,658 Mil) but then declined from Mar. 2023 ($15,658 Mil) to Sep. 2023 ($14,996 Mil).

Compagnie Financiere Richemont's annual retained earnings declined from Mar. 2021 ($17,720 Mil) to Mar. 2022 ($17,711 Mil) and declined from Mar. 2022 ($17,711 Mil) to Mar. 2023 ($15,658 Mil).


Compagnie Financiere Richemont Retained Earnings Historical Data

The historical data trend for Compagnie Financiere Richemont'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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Compagnie Financiere Richemont Retained Earnings Chart

Compagnie Financiere Richemont 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 16,145.76 15,292.82 17,720.24 17,711.45 15,658.46

Compagnie Financiere Richemont 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 17,583.53 17,711.45 13,310.89 15,658.46 14,995.73

Compagnie Financiere Richemont 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.


Compagnie Financiere Richemont  (OTCPK:CFRHF) 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.


Compagnie Financiere Richemont (Compagnie Financiere Richemont) Business Description

Address
50, Chemin de la Chenaie, CP 30, Bellevue, Geneva, CHE, 1293
Richemont is a luxury goods conglomerate with 20 brands. Jewellery and watch brands make up 85% of sales, but the group is also active in accessories, writing instruments, clothing and online luxury retail. Richemont's Jewellery Maisons, including Cartier and Van Cleef & Arpels, account for 67% of revenue and over 86% of profits. Its other brands include Vacheron Constantin, Piaget, Jaeger-LeCoultre, IWC Schaffhausen, Lange & Soehne, Officine Panerai, and Montblanc.

Compagnie Financiere Richemont (Compagnie Financiere Richemont) Headlines

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