CNCPF (Conduit Capital) Retained Earnings : $-92.26 Mil (As of Jun. 2022)

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What is Conduit Capital Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Conduit Capital's retained earnings for the quarter that ended in Jun. 2022 was $-92.26 Mil.

Conduit Capital's quarterly retained earnings increased from Jun. 2021 ($-81.98 Mil) to Dec. 2021 ($-76.59 Mil) but then declined from Dec. 2021 ($-76.59 Mil) to Jun. 2022 ($-92.26 Mil).

Conduit Capital's annual retained earnings declined from Jun. 2020 ($-58.06 Mil) to Jun. 2021 ($-81.98 Mil) and declined from Jun. 2021 ($-81.98 Mil) to Jun. 2022 ($-92.26 Mil).

Conduit Capital Retained Earnings Historical Data

The historical data trend for Conduit Capital'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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Conduit Capital Retained Earnings Chart

Conduit Capital Annual Data

Trend

Aug13

Aug14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Retained Earnings

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16.96

-29.21

-58.06

-81.98

-92.26

Conduit Capital Semi-Annual Data
	Aug12	Feb13	Aug13	Feb14	Aug14	Feb15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22
Retained Earnings	Get a 7-Day Free Trial															-58.06	-70.32	-81.98	-76.59	-92.26

Conduit Capital 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.

Conduit Capital (OTCPK:CNCPF) 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.

Conduit Capital Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Conduit Capital Ltd (OTCPK:CNCPF) » Definitions » Retained Earnings

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Address

2 Bruton Road, Building B, Nicol Main Office Park, Bryanston, Sandton, ZAF, 2191

Website

http://www.conduitcapital.co.za

Conduit Capital Ltd is a South Africa-based investment holding company. The company, through its subsidiaries and associates, carries on business in the financial services industry with a focus on insurance. It serves in two segments: Insurance and Risk, and Investment . The Insurance and Risk division includes the company's insurance interests. The company writes both short-term and long-term insurance business. The long-term business consists mainly of funeral cover, comprising both individual business and group schemes. Several lines of short-term business are written, providing cover to individuals and ensuring business risks. The main short-term lines of business include Guarantee, Liability, and Motor.

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