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Sucro (SUGRF) Retained Earnings : $117.2 Mil (As of Sep. 2024)


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What is Sucro Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Sucro's retained earnings for the quarter that ended in Sep. 2024 was $117.2 Mil.

Sucro's quarterly retained earnings increased from Mar. 2024 ($106.1 Mil) to Jun. 2024 ($110.0 Mil) and increased from Jun. 2024 ($110.0 Mil) to Sep. 2024 ($117.2 Mil).

Sucro's annual retained earnings increased from Dec. 2021 ($35.1 Mil) to Dec. 2022 ($71.6 Mil) and increased from Dec. 2022 ($71.6 Mil) to Dec. 2023 ($86.7 Mil).

Sucro Retained Earnings Historical Data

The historical data trend for Sucro'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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Sucro Retained Earnings Chart

Sucro Annual Data
Trend Dec21 Dec22 Dec23
Retained Earnings
35.15 71.62 86.67

Sucro Quarterly Data
Dec21 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only - 86.67 106.14 109.98 117.25

Sucro 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.

Sucro  (OTCPK:SUGRF) 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.

Sucro Business Description

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SUGR:Canada
Address
2020 Ponce de Leon Boulevard, Suite 1204, Coral Gables, FL, USA, 33134
Website
https://www.sucro.us
Sucro Ltd is a growth-oriented sugar company that operates throughout the Americas, with a primary focus on serving the North American sugar market. The Company operates a integrated and interconnected sugar supply business, utilizing the entire sugar supply chain to service its customer. The Company's operations are classified into two reportable business segments which is Trade and Services. The Trade segment is a business focusing on capturing profits through sourcing, merchandising, and managing logistics of sugar. The Company's asset-based services business provides tolling (refining, processing, handling, packaging, and quality assurance), storage, and other services to the Trade segment.