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Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN) Retained Earnings : C$5,064 Mil (As of Dec. 2023)


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What is Canadian Apartment Properties Real Estate Investment Trust Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Canadian Apartment Properties Real Estate Investment Trust's retained earnings for the quarter that ended in Dec. 2023 was C$5,064 Mil.

Canadian Apartment Properties Real Estate Investment Trust's quarterly retained earnings declined from Jun. 2023 (C$5,616 Mil) to Sep. 2023 (C$5,198 Mil) and declined from Sep. 2023 (C$5,198 Mil) to Dec. 2023 (C$5,064 Mil).

Canadian Apartment Properties Real Estate Investment Trust's annual retained earnings declined from Dec. 2021 (C$6,249 Mil) to Dec. 2022 (C$5,846 Mil) and declined from Dec. 2022 (C$5,846 Mil) to Dec. 2023 (C$5,064 Mil).


Canadian Apartment Properties Real Estate Investment Trust Retained Earnings Historical Data

The historical data trend for Canadian Apartment Properties Real Estate Investment Trust'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 Apartment Properties Real Estate Investment Trust Retained Earnings Chart

Canadian Apartment Properties Real Estate Investment Trust 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 4,409.46 5,099.74 6,249.19 5,846.40 5,063.98

Canadian Apartment Properties Real Estate Investment Trust 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 5,846.40 5,640.93 5,615.91 5,197.63 5,063.98

Canadian Apartment Properties Real Estate Investment Trust 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 Apartment Properties Real Estate Investment Trust  (TSX:CAR.UN) 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 Apartment Properties Real Estate Investment Trust (TSX:CAR.UN) Business Description

Traded in Other Exchanges
Address
11 Church Street, Suite 401, Toronto, ON, CAN, M5E 1W1
Canadian Apartment Properties Real Estate Investment Trust, or CAPREIT, is a real estate investment trust primarily engaged in the acquisition and leasing of multiunit residential rental properties located near major urban centers across Canada. The company's real estate portfolio is mainly composed of apartments and townhouses situated near public amenities. Most of CAPREIT's holdings are aimed towards the midtier and luxury markets in terms of demographic segments. The company derives nearly all of its income in the form of rental revenue from leasing its properties to tenants. The majority of this revenue comes from assets located in the Greater Toronto and Greater Montreal regions. The buildings in these areas also contain the majority of CAPREIT's total housing units.

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