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Controladora NemakB De CV (MEX:NMKA) Retained Earnings : MXN11,049 Mil (As of Sep. 2021)


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What is Controladora NemakB De CV Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Controladora NemakB De CV's retained earnings for the quarter that ended in Sep. 2021 was MXN11,049 Mil.

Controladora NemakB De CV's quarterly retained earnings increased from Mar. 2021 (MXN10,739 Mil) to Jun. 2021 (MXN11,626 Mil) but then declined from Jun. 2021 (MXN11,626 Mil) to Sep. 2021 (MXN11,049 Mil).

Controladora NemakB De CV's annual retained earnings declined from Dec. 2017 (MXN12,722 Mil) to Dec. 2018 (MXN11,567 Mil) and declined from Dec. 2018 (MXN11,567 Mil) to Dec. 2019 (MXN11,373 Mil).


Controladora NemakB De CV Retained Earnings Historical Data

The historical data trend for Controladora NemakB 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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Controladora NemakB De CV Retained Earnings Chart

Controladora NemakB De CV Annual Data
Trend Dec17 Dec18 Dec19
Retained Earnings
12,722.00 11,567.00 11,373.00

Controladora NemakB De CV Quarterly Data
Dec17 Dec18 Sep19 Dec19 Mar20 Jun20 Sep20 Mar21 Jun21 Sep21
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only - 10,002.00 10,738.81 11,626.41 11,048.95

Controladora NemakB 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.


Controladora NemakB De CV  (MEX:NMKA) 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.


Controladora NemakB De CV Business Description

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Address
Librameinto Arco Vial Km 3.8, Garcia, NL, MEX, 66000
Controladora Nemak SAB De CV manufactures and markets lightweighting solutions for the Automotive industry. The company specializes in the development of aluminum components for powertrain and body structure applications. The product portfolio includes cylinder heads, engine blocks, transmission cases, shock towers, subframes, battery housings, and other products.

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