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US Financial 15 Split (TSX:FTU) Retained Earnings : C$0.00 Mil (As of Nov. 2022)


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What is US Financial 15 Split Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. US Financial 15 Split's retained earnings for the quarter that ended in Nov. 2022 was C$0.00 Mil.


US Financial 15 Split Retained Earnings Historical Data

The historical data trend for US Financial 15 Split'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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US Financial 15 Split Retained Earnings Chart

US Financial 15 Split Annual Data
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Retained Earnings
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US Financial 15 Split Semi-Annual Data
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US Financial 15 Split 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.


US Financial 15 Split  (TSX:FTU) 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.


US Financial 15 Split (TSX:FTU) Business Description

Traded in Other Exchanges
Address
200 Front Street West, Suite 2510, P.O. Box 51, Toronto, ON, CAN, M5V 3K2
US Financial 15 Split Corp is an investment company. It is an independent investment management firm that is focused on the creation and management of enhanced yield products for retail investors. Its products consist of income financial trust, m-split corp, commerce split corp, and others. The company offers two types of shares that are preferred shares and class A shares.

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