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Castleview Property Fund (JSE:CVW) Retained Earnings : R2,325 Mil (As of Sep. 2024)


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What is Castleview Property Fund Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Castleview Property Fund's retained earnings for the quarter that ended in Sep. 2024 was R2,325 Mil.

Castleview Property Fund's quarterly retained earnings increased from Sep. 2023 (R1,584 Mil) to Mar. 2024 (R1,703 Mil) and increased from Mar. 2024 (R1,703 Mil) to Sep. 2024 (R2,325 Mil).

Castleview Property Fund's annual retained earnings increased from Feb. 2022 (R-14 Mil) to Feb. 2023 (R1,831 Mil) but then declined from Feb. 2023 (R1,831 Mil) to Mar. 2024 (R1,703 Mil).


Castleview Property Fund Retained Earnings Historical Data

The historical data trend for Castleview Property Fund'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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Castleview Property Fund Retained Earnings Chart

Castleview Property Fund Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Mar24
Retained Earnings
Get a 7-Day Free Trial 5.07 -22.73 -13.51 1,830.62 1,702.90

Castleview Property Fund Semi-Annual Data
Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Sep23 Mar24 Sep24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 47.73 1,830.62 1,584.20 1,702.90 2,325.14

Castleview Property Fund 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.


Castleview Property Fund  (JSE:CVW) 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.


Castleview Property Fund Business Description

Traded in Other Exchanges
N/A
Address
13 Hudson Street, De Waterkant, Woodstock, Cape Town, WC, ZAF, 8001
Castleview Property Fund Ltd is a property holding and investment company in South Africa. Principally, it invests in a diversified portfolio of retail properties situated in South Africa. The company also invests in regional shopping centers like Pier 14 Shopping Centre located in the Eastern Cape.

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