Cameco (Cameco) Retained Earnings : $2,221 Mil (As of Dec. 2023)

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What is Cameco Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Cameco's retained earnings for the quarter that ended in Dec. 2023 was $2,221 Mil.

Cameco's quarterly retained earnings increased from Jun. 2023 ($2,129 Mil) to Sep. 2023 ($2,200 Mil) and increased from Sep. 2023 ($2,200 Mil) to Dec. 2023 ($2,221 Mil).

Cameco's annual retained earnings declined from Dec. 2021 ($2,062 Mil) to Dec. 2022 ($1,985 Mil) but then increased from Dec. 2022 ($1,985 Mil) to Dec. 2023 ($2,221 Mil).

Cameco Retained Earnings Historical Data

The historical data trend for Cameco'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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Cameco Retained Earnings Chart

Cameco Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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2,145.64

2,135.87

2,062.23

1,984.82

2,221.04

Cameco 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															1,984.82	2,057.55	2,129.34	2,200.22	2,221.04

Cameco 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.

Cameco (NYSE:CCJ) 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.

Cameco (Cameco) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Cameco Corp (NYSE:CCJ) » Definitions » Retained Earnings

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CJ6:Germany CJ6:Germany CCO:Canada

Address

2121 - 11th Street West, Saskatoon, SK, CAN, S7M 1J3

Website

https://www.cameco.com

Cameco Corp is one of the world's largest uranium producers. When operating at normal production, the flagship McArthur River mine in Saskatchewan accounts for roughly 50% of output in normal market conditions. Amid years of uranium price weakness, the company has reduced production, instead purchasing from the spot market to meet contracted deliveries. In the long term, Cameco has the ability increase annual uranium production by restarting shut mines and investing in new ones. In addition to its large uranium mining business, Cameco operates uranium conversion and fabrication facilities.