GKSDF (Grupo KuoB de CV) Retained Earnings : $761 Mil (As of Jun. 2024)

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What is Grupo KuoB de CV Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Grupo KuoB de CV's retained earnings for the quarter that ended in Jun. 2024 was $761 Mil.

Grupo KuoB de CV's quarterly retained earnings increased from Dec. 2023 ($822 Mil) to Mar. 2024 ($852 Mil) but then declined from Mar. 2024 ($852 Mil) to Jun. 2024 ($761 Mil).

Grupo KuoB de CV's annual retained earnings increased from Dec. 2021 ($595 Mil) to Dec. 2022 ($699 Mil) and increased from Dec. 2022 ($699 Mil) to Dec. 2023 ($822 Mil).

Grupo KuoB de CV Retained Earnings Historical Data

The historical data trend for Grupo KuoB de CV'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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Grupo KuoB de CV Retained Earnings Chart

Grupo KuoB de CV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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556.92

498.92

594.51

698.96

821.67

Grupo KuoB de CV Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Retained Earnings	Get a 7-Day Free Trial															808.48	786.77	821.67	851.65	760.66

Grupo KuoB de CV 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 KuoB de CV (OTCPK:GKSDF) 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 KuoB de CV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Grupo Kuo SAB de CV (OTCPK:GKSDF) » Definitions » Retained Earnings

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KUOB:Mexico KUOA:Mexico

Address

Paseo de los Tamarindos 400-B, Piso 31, Bosques de las Lomas, Mexico City, MEX, 05120

Website

http://www.kuo.com.mx

Grupo Kuo is a Mexico-based conglomerate that comprises various segments. The company operates through Consumer, Chemical and Automotive segment. The consumer segment is engaged in the production and sale of pork meat and consumer products; Chemical segment is engaged in the manufacture and sale of plastics and chemical products; and Automotive segment comprises of production and sale of transmissions and auto-parts.

Grupo KuoB de CV Headlines

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