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City of London Investment Group (City of London Investment Group) Retained Earnings : $27.20 Mil (As of Dec. 2023)


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What is City of London Investment Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. City of London Investment Group's retained earnings for the quarter that ended in Dec. 2023 was $27.20 Mil.

City of London Investment Group's quarterly retained earnings increased from Dec. 2022 ($24.53 Mil) to Jun. 2023 ($28.16 Mil) but then declined from Jun. 2023 ($28.16 Mil) to Dec. 2023 ($27.20 Mil).

City of London Investment Group's annual retained earnings declined from Jun. 2021 ($37.40 Mil) to Jun. 2022 ($28.72 Mil) and declined from Jun. 2022 ($28.72 Mil) to Jun. 2023 ($28.16 Mil).


City of London Investment Group Retained Earnings Historical Data

The historical data trend for City of London Investment Group'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.

City of London Investment Group Retained Earnings Chart

City of London Investment Group Annual Data
Trend May13 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.29 25.39 37.40 28.72 28.16

City of London Investment Group Semi-Annual Data
Nov13 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 37.96 28.72 24.53 28.16 27.20

City of London Investment Group 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.


City of London Investment Group  (OTCPK:CLIUF) 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.


City of London Investment Group (City of London Investment Group) Business Description

Traded in Other Exchanges
Address
77 Gracechurch Street, London, GBR, EC3V 0AS
City of London Investment Group PLC is a United Kingdom-based asset management company. The company through its subsidiaries offers products of emerging markets and closed-end funds. Its principal operating subsidiary acts as an investment adviser for the company. It has operations in the United States, Canada, the United Kingdom, and Europe.

City of London Investment Group (City of London Investment Group) Headlines

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