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Rubicon Technologies (MEX:RBT) Retained Earnings : MXN-7,043 Mil (As of Jun. 2024)


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What is Rubicon Technologies Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Rubicon Technologies's retained earnings for the quarter that ended in Jun. 2024 was MXN-7,043 Mil.

Rubicon Technologies's quarterly retained earnings declined from Dec. 2023 (MXN-6,702 Mil) to Mar. 2024 (MXN-6,812 Mil) and declined from Mar. 2024 (MXN-6,812 Mil) to Jun. 2024 (MXN-7,043 Mil).

Rubicon Technologies's annual retained earnings declined from Dec. 2021 (MXN0 Mil) to Dec. 2022 (MXN-6,587 Mil) and declined from Dec. 2022 (MXN-6,587 Mil) to Dec. 2023 (MXN-6,702 Mil).


Rubicon Technologies Retained Earnings Historical Data

The historical data trend for Rubicon Technologies'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.

Rubicon Technologies Retained Earnings Chart

Rubicon Technologies Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
- - - -6,586.92 -6,701.50

Rubicon Technologies Quarterly Data
Dec19 Sep20 Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -6,072.49 -6,651.32 -6,701.50 -6,812.35 -7,043.05

Rubicon Technologies 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.


Rubicon Technologies  (MEX:RBT) 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.


Rubicon Technologies Business Description

Traded in Other Exchanges
Address
100 West Main Street, Suite 610, Lexington, KY, USA, 40507
Rubicon Technologies Inc is a software platform providing full-service waste management, recycling, and smart city technology solutions. It focuses on developing software solutions that bring new transparency to the waste and recycling industry, encouraging customers to make data-driven decisions that lead to more efficient and effective operations as well as more sustainable outcomes.

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