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CBL International (CBL International) Retained Earnings : $12.8 Mil (As of Dec. 2023)


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What is CBL International Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. CBL International's retained earnings for the quarter that ended in Dec. 2023 was $12.8 Mil.

CBL International's quarterly retained earnings increased from Dec. 2022 ($11.6 Mil) to Jun. 2023 ($12.8 Mil) but then declined from Jun. 2023 ($12.8 Mil) to Dec. 2023 ($12.8 Mil).

CBL International's annual retained earnings increased from Dec. 2021 ($7.9 Mil) to Dec. 2022 ($11.6 Mil) and increased from Dec. 2022 ($11.6 Mil) to Dec. 2023 ($12.8 Mil).


CBL International Retained Earnings Historical Data

The historical data trend for CBL International'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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CBL International Retained Earnings Chart

CBL International Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Retained Earnings
4.37 7.94 11.62 12.76

CBL International Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Retained Earnings Get a 7-Day Free Trial 7.94 9.03 11.62 12.78 12.76

CBL International 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.


CBL International  (NAS:BANL) 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.


CBL International (CBL International) Business Description

Traded in Other Exchanges
N/A
Address
No. 19 Jalan Pinang, Suite 19-9-6, Level 9, UOA Centre, Kuala Lumpur, SGR, MYS, 50450
CBL International ltd is a marine fuel logistics company providing a one-stop solution for vessel refueling. It purchases marine fuel from its suppliers and arranges for its suppliers to actually deliver marine fuel to its customers. The company derives a majority of its revenue from China followed by Hong Kong and Malaysia.
Executives
Logeswaran Ramasamy director 95 JALAN TAMING INDAH 2, TAMAN TAMING INDAH, BANDAR SUNGAI LONG, 43000 KAJANG N8 68100
Kam Choy Ho director, 10 percent owner FLAT 2, 22/F, BLOCK 46, HENG FA CHUEN, CHAI WAN K3 0000
Ulf Lothar Naujeck director NYSWANDERWEG 13, HAMBURG 2M 22523
Chiu Sing Chung Raymond officer: Chief Financial Officer ROOM 2101, 21/F, PRINCESS MANSION, 165 KING'S ROAD, NORTH POINT K3 0000
Cbl (asia) Ltd 10 percent owner ROOM 1213, 12/F, TOWER A, HUNGHOM COMMERCIAL CENTRE, 39 MA TAU WAI ROAD, HUNGHOM K3 0000
Teck Lim Chia director, 10 percent owner, officer: Chief Executive Officer FLAT B, 16/F, TOWER 3, ULTIMA, 23 FAT KWONG STREET, HO MAN TIN, KOWLOON K3 0000
Straits Energy Resources Berhad 10 percent owner B-07-06, PLAZA MONT KIARA, 2, JALAN KIARA, MONT KIARA, 50480 KUALA LUMPUR N8 50480
Khai Fei Wong director 33, LRG 14/2, SEKSYEN 14, PETALING JAYA N8 46100
Koon Liang Ong director 1-3-6, SEGAR VIEW CONDOMINIUM, JLN 5/100A, TMN SEGAR, WILAYAH PERSEKUTUAN N8 56100
Cheah Karen Yee Lynn director 17D-1-2, CASAVISTA CONDOMINIUM, JALAN PENAGA, BANGSAR, KUALA LUMPUR N8 59000
Xiaoling Lu 10 percent owner FLAT B, 16/F, TOWER 3, ULTIMA, 23 FAT KWONG STREET, HO MAN TIN, KOWLOON K3 0000