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Kansas City Life Insurance Co (Kansas City Life Insurance Co) Retained Earnings : $959.4 Mil (As of Dec. 2023)


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What is Kansas City Life Insurance Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Kansas City Life Insurance Co's retained earnings for the quarter that ended in Dec. 2023 was $959.4 Mil.

Kansas City Life Insurance Co's quarterly retained earnings increased from Jun. 2023 ($908.2 Mil) to Sep. 2023 ($911.5 Mil) and increased from Sep. 2023 ($911.5 Mil) to Dec. 2023 ($959.4 Mil).

Kansas City Life Insurance Co's annual retained earnings declined from Dec. 2021 ($933.3 Mil) to Dec. 2022 ($910.4 Mil) but then increased from Dec. 2022 ($910.4 Mil) to Dec. 2023 ($959.4 Mil).


Kansas City Life Insurance Co Retained Earnings Historical Data

The historical data trend for Kansas City Life Insurance Co'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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Kansas City Life Insurance Co Retained Earnings Chart

Kansas City Life Insurance Co 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 928.38 933.09 933.34 910.44 959.37

Kansas City Life Insurance Co 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 910.44 905.13 908.24 911.48 959.37

Kansas City Life Insurance Co 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.


Kansas City Life Insurance Co  (OTCPK:KCLI) 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.


Kansas City Life Insurance Co (Kansas City Life Insurance Co) Business Description

Traded in Other Exchanges
N/A
Address
3520 Broadway, Kansas, MO, USA, 64111-2565
Kansas City Life Insurance Co is a Missouri-domiciled insurance company providing individual life, annuity, and group products through general agencies located throughout the United States. The company operates its business in three segments; The Individual Insurance segment consists of individual insurance products for Kansas City Life, Grange Life, and the assumed reinsurance transactions, The Group Insurance segment consists of sales of group life, dental, vision, disability, accident, and critical illness products, and The Old American segment consists of individual insurance products designed largely as final expense products, out of which the Individual insurance segment derives the maximum revenue.

Kansas City Life Insurance Co (Kansas City Life Insurance Co) Headlines

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