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Canadian Utilities (Canadian Utilities) Retained Earnings : $3,044 Mil (As of Dec. 2023)


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What is Canadian Utilities Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Canadian Utilities's retained earnings for the quarter that ended in Dec. 2023 was $3,044 Mil.

Canadian Utilities's quarterly retained earnings declined from Jun. 2023 ($3,072 Mil) to Sep. 2023 ($2,910 Mil) but then increased from Sep. 2023 ($2,910 Mil) to Dec. 2023 ($3,044 Mil).

Canadian Utilities's annual retained earnings declined from Dec. 2021 ($3,017 Mil) to Dec. 2022 ($2,897 Mil) but then increased from Dec. 2022 ($2,897 Mil) to Dec. 2023 ($3,044 Mil).


Canadian Utilities Retained Earnings Historical Data

The historical data trend for Canadian Utilities'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 Utilities Retained Earnings Chart

Canadian Utilities 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 3,078.44 3,066.59 3,017.19 2,897.31 3,044.13

Canadian Utilities 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 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 2,897.31 2,985.46 3,071.65 2,910.35 3,044.13

Canadian Utilities 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 Utilities  (OTCPK:CDUTF.PFD) 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 Utilities (Canadian Utilities) Business Description

Address
5302 Forand Street S.W., 4th Floor, West Building, Calgary, AB, CAN, T3E 8B4
Canadian Utilities Ltd, a subsidiary of holding company Atco, offers gas and electricity services. The company's main divisions include electricity (generation, transmission, and distribution), pipelines & liquid (natural gas and water), and Retail Energy. Headquartered in Calgary, Alberta, the firm mainly operates in Canada and Australia, along with some operations in the United States and Mexico. Canadian Utilities launched a large venture called Atco Energy, which provides low-cost and sustainable energy solutions for Alberta.

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