Power of Canada (TSX:POW) Retained Earnings

: C$10,005 Mil (As of Dec. 2023)

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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Power of Canada's retained earnings for the quarter that ended in Dec. 2023 was C$10,005 Mil.

Power of Canada's quarterly retained earnings increased from Jun. 2023 (C$9,461 Mil) to Sep. 2023 (C$10,050 Mil) but then declined from Sep. 2023 (C$10,050 Mil) to Dec. 2023 (C$10,005 Mil).

Power of Canada's annual retained earnings increased from Dec. 2021 (C$8,520 Mil) to Dec. 2022 (C$9,099 Mil) and increased from Dec. 2022 (C$9,099 Mil) to Dec. 2023 (C$10,005 Mil).

Power of Canada Retained Earnings Historical Data

The historical data trend for Power of Canada'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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Power of Canada Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

10,780.00

8,651.00

8,520.00

9,099.00

10,005.00

Power of Canada Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Retained Earnings																9,099.00	9,350.00	9,461.00	10,050.00	10,005.00

Power of Canada 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.

Power of Canada (TSX:POW) 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.

Power of Canada (TSX:POW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Power Corporation of Canada (TSX:POW) » Definitions » Retained Earnings

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Address

751 Victoria Square, Montreal, QC, CAN, H2Y 2J3

Website

https://www.powercorporation.com

Power Corporation of Canada is a holding company with controlling interests in Great-West Life (an insurance conglomerate), IGM Financial (Canada's largest nonbank asset manager), and other alternative asset-management platforms (Sagard and Power Sustainable). The company also has minority interests in Groupe Bruxelles Lambert (a holding company with interests in European companies) and ChinaAMC (an asset manager in China).

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