GraceKennedy (TRN:GKC) Retained Earnings : TTD2,845 Mil (As of Sep. 2024)

View and export this data going back to 2013. Start your Free Trial

What is GraceKennedy Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. GraceKennedy's retained earnings for the quarter that ended in Sep. 2024 was TTD2,845 Mil.

GraceKennedy's quarterly retained earnings increased from Mar. 2024 (TTD2,725 Mil) to Jun. 2024 (TTD2,780 Mil) and increased from Jun. 2024 (TTD2,780 Mil) to Sep. 2024 (TTD2,845 Mil).

GraceKennedy's annual retained earnings increased from Dec. 2021 (TTD2,214 Mil) to Dec. 2022 (TTD2,360 Mil) and increased from Dec. 2022 (TTD2,360 Mil) to Dec. 2023 (TTD2,628 Mil).

GraceKennedy Retained Earnings Historical Data

The historical data trend for GraceKennedy'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.

GraceKennedy Retained Earnings Chart

GraceKennedy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

Get a 7-Day Free Trial

1,673.43

1,916.62

2,213.81

2,359.52

2,628.44

GraceKennedy 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															2,564.21	2,628.44	2,725.43	2,780.00	2,845.13

GraceKennedy 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.

GraceKennedy (TRN:GKC) 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.

GraceKennedy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » GraceKennedy Ltd (TRN:GKC) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

GK:Jamaica

Address

42-56 Harbour Street, Kingston, JAM

Website

https://www.gracekennedy.com

GraceKennedy Ltd engages in the food and financial services business. The company has four reportable segments namely Food Trading, Banking and Investments, Insurance and Money Services. The food Trading segment includes the processing and distribution of food products. It generates maximum revenue from the Food Trading segment. Geographically, it derives the majority revenue from Jamaica and also has a presence in the United Kingdom, the United States of America, Canada, Other Caribbean countries, Other European countries, Africa and Other Countries.

GraceKennedy Headlines

No Headlines