Makati Finance (PHS:MFIN) Retained Earnings : ₱288.9 Mil (As of Sep. 2024)

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What is Makati Finance Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Makati Finance's retained earnings for the quarter that ended in Sep. 2024 was ₱288.9 Mil.

Makati Finance's quarterly retained earnings increased from Mar. 2024 (₱288.4 Mil) to Jun. 2024 (₱289.7 Mil) but then declined from Jun. 2024 (₱289.7 Mil) to Sep. 2024 (₱288.9 Mil).

Makati Finance's annual retained earnings increased from Dec. 2021 (₱262.8 Mil) to Dec. 2022 (₱277.8 Mil) and increased from Dec. 2022 (₱277.8 Mil) to Dec. 2023 (₱285.3 Mil).

Makati Finance Retained Earnings Historical Data

The historical data trend for Makati Finance'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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Makati Finance Retained Earnings Chart

Makati Finance Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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252.05

256.36

262.82

277.76

285.33

Makati Finance Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Retained Earnings	Get a 7-Day Free Trial															278.77	285.33	288.38	289.71	288.92

Makati Finance 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.

Makati Finance (PHS:MFIN) 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.

Makati Finance Business Description

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Address

2301 Chino Roces Avenue, 3rd Floor Mazda Makati Building, Barangay Magallanes, Makati City, PHL, 1231

Website

http://www.makatifinance.ph

Makati Finance Corp provides financial services and advisory to its clients. The company's operations include sales and marketing, evaluation and approval of loan applications, and collection of loan accounts. The company derives revenues from the following main operating business segments of Rx Cashline Group; Business loans; MFC Factors Group; Motor Vehicles Financing Group and Others. The business loans division grants loans to finance business owners who wishes to expand its business or to start capital whereas the Motor Vehicles Financing Group grants loans to motorcycle buyers. The company's assets producing revenues are located in the Philippines.