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Compagnia Dei Caraibi SpA (MIL:TIME) Retained Earnings : €-14.85 Mil (As of Jun. 2024)


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What is Compagnia Dei Caraibi SpA Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Compagnia Dei Caraibi SpA's retained earnings for the quarter that ended in Jun. 2024 was €-14.85 Mil.

Compagnia Dei Caraibi SpA's quarterly retained earnings declined from Jun. 2023 (€-2.05 Mil) to Dec. 2023 (€-15.09 Mil) but then increased from Dec. 2023 (€-15.09 Mil) to Jun. 2024 (€-14.85 Mil).

Compagnia Dei Caraibi SpA's annual retained earnings declined from Dec. 2021 (€2.38 Mil) to Dec. 2022 (€2.09 Mil) and declined from Dec. 2022 (€2.09 Mil) to Dec. 2023 (€-15.09 Mil).


Compagnia Dei Caraibi SpA Retained Earnings Historical Data

The historical data trend for Compagnia Dei Caraibi SpA'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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Compagnia Dei Caraibi SpA Retained Earnings Chart

Compagnia Dei Caraibi SpA Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
0.76 0.98 2.38 2.09 -15.09

Compagnia Dei Caraibi SpA Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Retained Earnings Get a 7-Day Free Trial Premium Member Only 2.22 2.09 -2.05 -15.09 -14.85

Compagnia Dei Caraibi SpA 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.


Compagnia Dei Caraibi SpA  (MIL:TIME) 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.


Compagnia Dei Caraibi SpA Business Description

Traded in Other Exchanges
Address
Via Ribes, 3, Colleretto Giacosa, ITA, 10100
Compagnia Dei Caraibi SpA is engaged in the import, development, brand building and distribution of premium spirits, wines and soft drinks premium and ultra premium from all over the world.

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