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Canadian General Investments (LSE:CGI) Retained Earnings : £530.46 Mil (As of Dec. 2022)


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What is Canadian General Investments Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Canadian General Investments's retained earnings for the quarter that ended in Dec. 2022 was £530.46 Mil.

Canadian General Investments's quarterly retained earnings declined from Dec. 2021 (£676.41 Mil) to Jun. 2022 (£515.34 Mil) but then increased from Jun. 2022 (£515.34 Mil) to Dec. 2022 (£530.46 Mil).

Canadian General Investments's annual retained earnings declined from Dec. 2021 (£676.41 Mil) to Dec. 2022 (£530.46 Mil) but then increased from Dec. 2022 (£530.46 Mil) to Dec. 2023 (£607.62 Mil).


Canadian General Investments Retained Earnings Historical Data

The historical data trend for Canadian General Investments'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.

Canadian General Investments Retained Earnings Chart

Canadian General Investments 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 372.54 531.41 676.41 530.46 607.62

Canadian General Investments Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 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 615.19 676.41 515.34 530.46 607.62

Canadian General Investments 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.


Canadian General Investments  (LSE:CGI) 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.


Canadian General Investments (LSE:CGI) Business Description

Traded in Other Exchanges
Address
10 Toronto Street, Toronto, ON, CAN, M5C 2B7
Canadian General Investments Ltd is a Canadian closed-end investment fund. Its investment objective is to provide better than average returns to investors by investing in medium- to long-term investments. The company's strategy involves prudent security selection and recognition of capital gains or losses. CGI's investment portfolio entails companies in multiple sectors such as Information Technology, Industrials, materials, financials, consumer discretionary, energy, Real Estate, Communication Services, Health Care, Cash, and Utilities.

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