Centene (BSP:C1NC34) Retained Earnings : R$59,008 Mil (As of Dec. 2023)

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What is Centene Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Centene's retained earnings for the quarter that ended in Dec. 2023 was R$59,008 Mil.

Centene's quarterly retained earnings increased from Jun. 2023 (R$55,958 Mil) to Sep. 2023 (R$59,255 Mil) but then declined from Sep. 2023 (R$59,255 Mil) to Dec. 2023 (R$59,008 Mil).

Centene's annual retained earnings increased from Dec. 2021 (R$46,025 Mil) to Dec. 2022 (R$48,997 Mil) and increased from Dec. 2022 (R$48,997 Mil) to Dec. 2023 (R$59,008 Mil).

Centene Retained Earnings Historical Data

The historical data trend for Centene'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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Centene Retained Earnings Chart

Centene Annual Data

Trend

Dec14

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Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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20,456.83

34,942.80

46,025.23

48,997.28

59,008.29

Centene 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															48,997.28	54,539.25	55,958.31	59,254.52	59,008.29

Centene 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.

Centene (BSP:C1NC34) 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.

Centene (BSP:C1NC34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Plans » Centene Corp (BSP:C1NC34) » Definitions » Retained Earnings

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Traded in Other Exchanges

CNC:USA CNC:Mexico 1CNC:Italy QEN:Germany

Address

7700 Forsyth Boulevard, Centene Plaza, St. Louis, MO, USA, 63105

Website

https://www.centene.com

Centene is a managed-care organization focused on government-sponsored healthcare plans, including Medicaid, Medicare, and the individual exchanges. Centene served 24 million medical members as of June 2023, mostly in Medicaid (67% of membership), the individual exchanges (14%), and Medicare Advantage (6%) plans. The company also serves traditional Medicare users with its Medicare Part D pharmaceutical program.

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