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Ceres Global Ag (Ceres Global Ag) Retained Earnings : $-32.1 Mil (As of Mar. 2024)


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What is Ceres Global Ag Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Ceres Global Ag's retained earnings for the quarter that ended in Mar. 2024 was $-32.1 Mil.

Ceres Global Ag's quarterly retained earnings increased from Sep. 2023 ($-35.8 Mil) to Dec. 2023 ($-33.1 Mil) and increased from Dec. 2023 ($-33.1 Mil) to Mar. 2024 ($-32.1 Mil).

Ceres Global Ag's annual retained earnings declined from Jun. 2021 ($-25.3 Mil) to Jun. 2022 ($-34.1 Mil) and declined from Jun. 2022 ($-34.1 Mil) to Jun. 2023 ($-42.0 Mil).


Ceres Global Ag Retained Earnings Historical Data

The historical data trend for Ceres Global Ag'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.

Ceres Global Ag Retained Earnings Chart

Ceres Global Ag Annual Data
Trend Mar14 Mar15 Mar16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -61.22 -37.31 -25.27 -34.09 -42.00

Ceres Global Ag Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -39.50 -42.00 -35.80 -33.13 -32.14

Ceres Global Ag 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.


Ceres Global Ag  (OTCPK:CERGF) 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.


Ceres Global Ag (Ceres Global Ag) Business Description

Traded in Other Exchanges
Address
701 Xenia Avenue S., Suite 400, Golden Valley, MN, USA, 55416
Ceres Global Ag Corp is engaged in the agricultural, energy, and industrial supply chains through sourcing, storing, transporting, and marketing of commodity-based products and raw materials. It has three operating segments. The Grain segment, which is the key revenue driver, is engaged in grain procurement and merchandising of specialty grains and oilseeds such as oats, barley, rye, hard red spring wheat, durum wheat, canola, and pulses. The Supply Chain Services segment utilizes the corporation's facilities to provide logistics services, storage, and transloading for commodities and industrial products. The Seed and Processing segment is engaged in soybean crush, specialty crops blending, birdfeed production, and seed distribution in Western Canada.

Ceres Global Ag (Ceres Global Ag) Headlines

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