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Colonial Motor Co (NZSE:CMO) Retained Earnings : NZ$165 Mil (As of Jun. 2024)


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What is Colonial Motor Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Colonial Motor Co's retained earnings for the quarter that ended in Jun. 2024 was NZ$165 Mil.

Colonial Motor Co's quarterly retained earnings declined from Jun. 2023 (NZ$179 Mil) to Dec. 2023 (NZ$175 Mil) and declined from Dec. 2023 (NZ$175 Mil) to Jun. 2024 (NZ$165 Mil).

Colonial Motor Co's annual retained earnings increased from Jun. 2022 (NZ$172 Mil) to Jun. 2023 (NZ$179 Mil) but then declined from Jun. 2023 (NZ$179 Mil) to Jun. 2024 (NZ$165 Mil).


Colonial Motor Co Retained Earnings Historical Data

The historical data trend for Colonial Motor Co'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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Colonial Motor Co Retained Earnings Chart

Colonial Motor Co Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 146.94 156.68 171.88 179.46 165.36

Colonial Motor Co Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 171.88 170.81 179.46 174.99 165.36

Colonial Motor Co 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.


Colonial Motor Co  (NZSE:CMO) 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.


Colonial Motor Co Business Description

Traded in Other Exchanges
N/A
Address
57 Courtenay Place, Level 6, PO Box 6159, Wellington, NZL, 6141
Colonial Motor Co Ltd is a New Zealand based company engaged in the principal activity of operating franchised motor vehicle dealerships. It owns motor vehicle dealerships throughout the country and has dealerships selling heavy trucks and tractors. The company has many dealerships and has a primary focus on Ford. Also, the company provides administrative and financial services to the subsidiaries as well as leasing them at market rates for many of the properties. Substantial revenue is generated from the sale of goods.

Colonial Motor Co Headlines

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