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Credito RealB de CV Sofom ER (Credito RealB de CV Sofom ER) Retained Earnings : $495.8 Mil (As of Sep. 2021)


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What is Credito RealB de CV Sofom ER Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Credito RealB de CV Sofom ER's retained earnings for the quarter that ended in Sep. 2021 was $495.8 Mil.

Credito RealB de CV Sofom ER's quarterly retained earnings declined from Mar. 2021 ($504.9 Mil) to Jun. 2021 ($491.2 Mil) but then increased from Jun. 2021 ($491.2 Mil) to Sep. 2021 ($495.8 Mil).

Credito RealB de CV Sofom ER's annual retained earnings increased from Dec. 2018 ($433.7 Mil) to Dec. 2019 ($511.4 Mil) but then declined from Dec. 2019 ($511.4 Mil) to Dec. 2020 ($505.0 Mil).


Credito RealB de CV Sofom ER Retained Earnings Historical Data

The historical data trend for Credito RealB de CV Sofom ER'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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Credito RealB de CV Sofom ER Retained Earnings Chart

Credito RealB de CV Sofom ER Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 288.99 361.69 433.74 511.38 504.99

Credito RealB de CV Sofom ER Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 466.53 504.99 504.86 491.22 495.78

Credito RealB de CV Sofom ER 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.


Credito RealB de CV Sofom ER  (OTCPK:CRQDQ) 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.


Credito RealB de CV Sofom ER (Credito RealB de CV Sofom ER) Business Description

Traded in Other Exchanges
N/A
Address
Avenida Insurgentes Sur No. 730, 20th Floor, Colonia Del Valle Norte, Del Benito Juarez, Mexico, MEX, MEX, 03103
Credito Real SAB de CV Sofom ER is a nonbanking financial institution in Mexico that focuses on consumer lending to low-income and middle-income customers. The company primarily makes payroll loans, durable goods loans, small business loans, group loans and used-car loans.

Credito RealB de CV Sofom ER (Credito RealB de CV Sofom ER) Headlines