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Grupo GiganteB de CV (Grupo GiganteB de CV) Retained Earnings : $1,220 Mil (As of Mar. 2024)


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What is Grupo GiganteB de CV Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Grupo GiganteB de CV's retained earnings for the quarter that ended in Mar. 2024 was $1,220 Mil.

Grupo GiganteB de CV's quarterly retained earnings increased from Sep. 2023 ($1,112 Mil) to Dec. 2023 ($1,177 Mil) and increased from Dec. 2023 ($1,177 Mil) to Mar. 2024 ($1,220 Mil).

Grupo GiganteB de CV's annual retained earnings increased from Dec. 2021 ($788 Mil) to Dec. 2022 ($926 Mil) and increased from Dec. 2022 ($926 Mil) to Dec. 2023 ($1,177 Mil).


Grupo GiganteB de CV Retained Earnings Historical Data

The historical data trend for Grupo GiganteB 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 GiganteB de CV Retained Earnings Chart

Grupo GiganteB de CV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 879.70 722.99 788.07 926.11 1,177.32

Grupo GiganteB de CV 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 1,015.14 1,080.77 1,111.83 1,177.32 1,219.70

Grupo GiganteB 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 GiganteB de CV  (OTCPK:GPGNF) 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 GiganteB de CV (Grupo GiganteB de CV) Business Description

Traded in Other Exchanges
Address
Av. Ejercito Nacional No. 769, Tower B, 12th Floor, Col. Granada, Demarcacion Miguel Hidalgo, Mexico, MEX, MEX, 11520
Grupo Gigante SAB de CV is an investment holding company. The company's operating segment includes Retail; Prisa distribution; Restaurants; Real Estate; Corporate, and Other. It generates maximum revenue from the Retail segment. The Retail segment mainly sells office supplies and furniture as well as office electronics and housewares. Its Restaurants segment operates a family restaurant chain and offers other related services. Geographically, it derives a majority of revenue from Mexico and also has a presence in Chile; Central America; Colombia, and the Caribbean.

Grupo GiganteB de CV (Grupo GiganteB de CV) Headlines

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