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Westjet Airlines (FRA:WC41) Retained Earnings : €1,198 Mil (As of Sep. 2019)


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What is Westjet Airlines Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Westjet Airlines's retained earnings for the quarter that ended in Sep. 2019 was €1,198 Mil.

Westjet Airlines's quarterly retained earnings increased from Mar. 2019 (€1,070 Mil) to Jun. 2019 (€1,095 Mil) and increased from Jun. 2019 (€1,095 Mil) to Sep. 2019 (€1,198 Mil).

Westjet Airlines's annual retained earnings increased from Dec. 2016 (€1,011 Mil) to Dec. 2017 (€1,068 Mil) and increased from Dec. 2017 (€1,068 Mil) to Dec. 2018 (€1,073 Mil).


Westjet Airlines Retained Earnings Historical Data

The historical data trend for Westjet Airlines'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.

Westjet Airlines Retained Earnings Chart

Westjet Airlines Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 775.20 865.30 1,011.29 1,068.26 1,072.96

Westjet Airlines Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 1,069.69 1,072.96 1,069.81 1,094.64 1,197.89

Westjet Airlines 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.


Westjet Airlines  (FRA:WC41) 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.


Westjet Airlines (FRA:WC41) Business Description

Traded in Other Exchanges
N/A
Address
22 Aerial Place N.E., Calgary, AB, CAN, T2E 3J1
WestJet is a Canadian airline based in Calgary, Alberta. WestJet operates WestJet Vacations, which provides air, hotel, car, and excursion packages and in 2013 launched WestJet Encore, a regional airline that operates Q400 turboprops, servicing smaller destinations. It also plans to launch an ultra-low-cost carrier (branded Swoop) in 2018. WestJet services over 100 destinations in North America, Central America, the Caribbean, and Europe. The carrier generated roughly CAD 4.5 billion in revenue in 2017.

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