GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Grupo Energia Bogota SA ESP (BOG:GEB) » Definitions » Retained Earnings

Grupo Energia Bogota ESP (BOG:GEB) Retained Earnings : COP7,507,988 Mil (As of Sep. 2023)


View and export this data going back to 2008. Start your Free Trial

What is Grupo Energia Bogota ESP Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Grupo Energia Bogota ESP's retained earnings for the quarter that ended in Sep. 2023 was COP7,507,988 Mil.

Grupo Energia Bogota ESP's quarterly retained earnings increased from Mar. 2023 (COP6,051,926 Mil) to Jun. 2023 (COP6,743,619 Mil) and increased from Jun. 2023 (COP6,743,619 Mil) to Sep. 2023 (COP7,507,988 Mil).

Grupo Energia Bogota ESP's annual retained earnings declined from Dec. 2020 (COP6,246,332 Mil) to Dec. 2021 (COP6,016,094 Mil) but then increased from Dec. 2021 (COP6,016,094 Mil) to Dec. 2022 (COP8,069,359 Mil).


Grupo Energia Bogota ESP Retained Earnings Historical Data

The historical data trend for Grupo Energia Bogota ESP'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.

Grupo Energia Bogota ESP Retained Earnings Chart

Grupo Energia Bogota ESP Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,455,079.00 5,590,182.00 6,246,332.00 6,016,094.00 8,069,359.00

Grupo Energia Bogota ESP Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 7,433,684.00 8,069,359.00 6,051,926.00 6,743,619.00 7,507,988.00

Grupo Energia Bogota ESP 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.


Grupo Energia Bogota ESP  (BOG:GEB) 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.


Grupo Energia Bogota ESP (BOG:GEB) Business Description

Traded in Other Exchanges
N/A
Address
Cra. 9 No. 73-44, Piso 6, Sede Calle 61 (Calle 61 7-78), Bogota, COL
Grupo Energia Bogota SA ESP is engaged in the generation, transmission, distribution, and commercialization of electricity in Colombia. The Company is also involved in the transportation and distribution of natural gas.

Grupo Energia Bogota ESP (BOG:GEB) Headlines

No Headlines