Empresa Siderurgica del PeruA (LIM:SIDERC1) Retained Earnings: S/.-134 Mil (As of Dec. 2016)

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What is Empresa Siderurgica del PeruA Retained Earnings?

Empresa Siderurgica del PeruA LIM:SIDERC1 -0.25% Retained Earnings is S/.-134 Mil as of Dec. 2016.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Empresa Siderurgica del PeruA's retained earnings for the quarter that ended in Dec. 2016 was S/.-134 Mil.

Empresa Siderurgica del PeruA's quarterly retained earnings increased from Dec. 2014 (S/.-249 Mil) to Dec. 2015 (S/.-235 Mil) and increased from Dec. 2015 (S/.-235 Mil) to Dec. 2016 (S/.-134 Mil).

Empresa Siderurgica del PeruA's annual retained earnings increased from Dec. 2014 (S/.-249 Mil) to Dec. 2015 (S/.-235 Mil) and increased from Dec. 2015 (S/.-235 Mil) to Dec. 2016 (S/.-134 Mil).

Empresa Siderurgica del PeruA  (LIM:SIDERC1) 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.

Empresa Siderurgica del PeruA Retained Earnings Historical Data

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The historical data trend for Empresa Siderurgica del PeruA'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.

Empresa Siderurgica del PeruA Retained Earnings Chart

Empresa Siderurgica del PeruA Annual Data
Trend Dec08 Dec09 Dec10 Dec14 Dec15 Dec16
Retained Earnings
Get a 7-Day Free Trial -74.00 -4.97 -248.93 -234.56 -134.11

Empresa Siderurgica del PeruA Semi-Annual Data
Dec08 Dec09 Dec10 Dec14 Dec15 Dec16
Retained Earnings Get a 7-Day Free Trial -74.00 -4.97 -248.93 -234.56 -134.11

Empresa Siderurgica del PeruA 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.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of S/.-134 Mil mean?
Empresa Siderurgica del PeruA (LIM:SIDERC1) has a Retained Earnings of S/.-134 Mil as of Dec. 2016. Retained earnings is the amount of net income not issued to shareholders. View historical data on Empresa Siderurgica del PeruA and its competitors.
Is Empresa Siderurgica del PeruA's Retained Earnings too high?
Empresa Siderurgica del PeruA's current Retained Earnings is S/.-134 Mil.
How does Empresa Siderurgica del PeruA's Retained Earnings compare to competitors?
Empresa Siderurgica del PeruA's Retained Earnings of S/.-134 Mil can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Steel company?
A good Retained Earnings depends on the Steel industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Empresa Siderurgica del PeruA and its competitors. Empresa Siderurgica del PeruA's current Retained Earnings is S/.-134 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Empresa Siderurgica del PeruA stock overvalued right now?
Empresa Siderurgica del PeruA (LIM:SIDERC1) has a current Retained Earnings of S/.-134 Mil. The current Retained Earnings is S/.-134 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Empresa Siderurgica del PeruA (LIM:SIDERC1), the current Retained Earnings is S/.-134 Mil as of Dec. 2016. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Empresa Siderurgica del PeruA Business Description

Address Avenue Juan de Arona 151, Tower B, Floor 5, Lima, PER
Empresa Siderurgica del Peru SAA is a steel manufacturing company. The company produces long steel designed for the construction and mining industry. The company provides long, flat, tubular, and road products.