GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Megacable Holdings SAB de CV (MEX:MEGACPO) » Definitions » Retained Earnings

Megacable HoldingsB de CV (MEX:MEGACPO) Retained Earnings : MXN31,349 Mil (As of Dec. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Megacable HoldingsB de CV Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Megacable HoldingsB de CV's retained earnings for the quarter that ended in Dec. 2024 was MXN31,349 Mil.

Megacable HoldingsB de CV's quarterly retained earnings increased from Jun. 2024 (MXN30,319 Mil) to Sep. 2024 (MXN30,820 Mil) and increased from Sep. 2024 (MXN30,820 Mil) to Dec. 2024 (MXN31,349 Mil).

Megacable HoldingsB de CV's annual retained earnings increased from Dec. 2022 (MXN30,930 Mil) to Dec. 2023 (MXN31,096 Mil) and increased from Dec. 2023 (MXN31,096 Mil) to Dec. 2024 (MXN31,349 Mil).


Megacable HoldingsB de CV Retained Earnings Historical Data

The historical data trend for Megacable HoldingsB 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.

* Premium members only.

Megacable HoldingsB de CV Retained Earnings Chart

Megacable HoldingsB de CV Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28,673.79 29,875.53 30,930.21 31,096.36 31,348.96

Megacable HoldingsB de CV Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 31,096.36 32,397.04 30,319.31 30,819.57 31,348.96

Megacable HoldingsB 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.


Megacable HoldingsB de CV  (MEX:MEGACPO) 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.


Megacable HoldingsB de CV Business Description

Traded in Other Exchanges
Address
Lazaro Cardenas 1694, Colonia del Fresno, Guadalajara, MEX, 44900
Megacable Holdings SAB de CV is a diversified media company with interests in cable television services. The company has several business segments, including Cable Network, Internet, Telephone, Business, and other. The Cable Network segment distributes television broadcasting programs. The Internet segment provides Internet subscription services to corporate clients and individual customers. The Telephone segment provides fixed-line communications services. The Business segment provides IT services to enterprise clients, and the Other business segment provides advertising services. Megacable Holdings SAB de CV generates the majority of its revenue in Mexico.

Megacable HoldingsB de CV Headlines

No Headlines