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SmartCentres Real Estate Investment Trust (SmartCentres Real Estate Investment Trust) Retained Earnings : $1,626.6 Mil (As of Dec. 2023)


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What is SmartCentres Real Estate Investment Trust Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. SmartCentres Real Estate Investment Trust's retained earnings for the quarter that ended in Dec. 2023 was $1,626.6 Mil.

SmartCentres Real Estate Investment Trust's quarterly retained earnings increased from Jun. 2023 ($1,603.2 Mil) to Sep. 2023 ($1,653.8 Mil) but then declined from Sep. 2023 ($1,653.8 Mil) to Dec. 2023 ($1,626.6 Mil).

SmartCentres Real Estate Investment Trust's annual retained earnings increased from Dec. 2021 ($1,396.6 Mil) to Dec. 2022 ($1,498.8 Mil) and increased from Dec. 2022 ($1,498.8 Mil) to Dec. 2023 ($1,626.6 Mil).


SmartCentres Real Estate Investment Trust Retained Earnings Historical Data

The historical data trend for SmartCentres Real Estate Investment Trust'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.

* Premium members only.

SmartCentres Real Estate Investment Trust Retained Earnings Chart

SmartCentres Real Estate Investment Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,078.18 958.05 1,396.56 1,498.77 1,626.58

SmartCentres Real Estate Investment Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1,498.77 1,506.04 1,603.21 1,653.76 1,626.58

SmartCentres Real Estate Investment Trust 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.


SmartCentres Real Estate Investment Trust  (OTCPK:CWYUF) 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.


SmartCentres Real Estate Investment Trust (SmartCentres Real Estate Investment Trust) Business Description

Traded in Other Exchanges
Address
3200 Highway 7, Vaughan, ON, CAN, L4K 5Z5
SmartCentres Real Estate Investment Trust is a Canadian fully integrated commercial and residential REIT, with approximately 174 strategically located properties in communities across the country. The company is developing complete, connected, mixed-use communities on its existing retail properties, under its wholly-owned residential sub-brand, SmartLiving. The Trust develops, leases, constructs, owns and manages shopping centres, office buildings, high-rise and low-rise condominiums and rental residences, seniors' housing, townhome units, self-storage rental facilities, and industrial facilities in Canada.

SmartCentres Real Estate Investment Trust (SmartCentres Real Estate Investment Trust) Headlines