GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Rogers Sugar Inc (OTCPK:RSGUF) » Definitions » Retained Earnings

Rogers Sugar (Rogers Sugar) Retained Earnings : $-103.3 Mil (As of Mar. 2024)


View and export this data going back to . Start your Free Trial

What is Rogers Sugar Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Rogers Sugar's retained earnings for the quarter that ended in Mar. 2024 was $-103.3 Mil.

Rogers Sugar's quarterly retained earnings increased from Sep. 2023 ($-108.4 Mil) to Dec. 2023 ($-106.0 Mil) and increased from Dec. 2023 ($-106.0 Mil) to Mar. 2024 ($-103.3 Mil).

Rogers Sugar's annual retained earnings declined from Sep. 2021 ($-84.1 Mil) to Sep. 2022 ($-120.5 Mil) but then increased from Sep. 2022 ($-120.5 Mil) to Sep. 2023 ($-108.4 Mil).


Rogers Sugar Retained Earnings Historical Data

The historical data trend for Rogers Sugar'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.

Rogers Sugar Retained Earnings Chart

Rogers Sugar Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -82.81 -88.31 -84.13 -120.45 -108.37

Rogers Sugar Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -112.38 -112.19 -108.37 -106.02 -103.29

Rogers Sugar 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.


Rogers Sugar  (OTCPK:RSGUF) 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.


Rogers Sugar (Rogers Sugar) Business Description

Traded in Other Exchanges
Address
123 Rogers Street, Vancouver, BC, CAN, V6B 3V2
Rogers Sugar Inc is a Canada-based sugar-producing company. The company along with its subsidiaries is principally engaged in refining, packaging, and marketing sugar products. The products offered by the company include Brown sugar, Yellow sugar, Icing sugar and other related sugar products. It operates in the following reportable segments: Sugar and Maple products, of which the majority of the revenue comes from sugar products. Its geographical segments include Canada, which is the key revenue generator; the United States; Europe; and others.

Rogers Sugar (Rogers Sugar) Headlines

From GuruFocus

Rogers Sugar Inc.: Conference Call � 1st Quarter 2023 Results

By GlobeNewswire GlobeNewswire 01-19-2023

Rogers Sugar Inc. Declares Dividend to Shareholders

By GlobeNewswire GlobeNewswire 11-20-2019

Rogers Sugar Inc. Declares Dividend to Shareholders

By GlobeNewswire GlobeNewswire 01-31-2019

Strike Vote at Lantic's Montreal Refinery

By GlobeNewswire GlobeNewswire 09-25-2021

New Agreement With the Alberta Sugar Beet Growers Extends Until 2024

By GlobeNewswire GlobeNewswire 04-24-2023

Rogers Sugar Announces Election of Directors

By GlobeNewswire GlobeNewswire 02-04-2019

Rogers Sugar Inc. Declares Dividend to Shareholders

By GlobeNewswire GlobeNewswire 11-21-2018

Bargaining Agreement Ratified at Lantic's Montreal Refinery

By GlobeNewswire GlobeNewswire 10-28-2021

Conference Call – 2nd Quarter 2018 Results

By GlobeNewswire GlobeNewswire 04-12-2018