GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Cascades Inc (TSX:CAS) » Definitions » Retained Earnings

Cascades (TSX:CAS) Retained Earnings : C$1,019 Mil (As of Dec. 2024)


View and export this data going back to 1984. Start your Free Trial

What is Cascades Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Cascades's retained earnings for the quarter that ended in Dec. 2024 was C$1,019 Mil.

Cascades's quarterly retained earnings declined from Jun. 2024 (C$1,059 Mil) to Sep. 2024 (C$1,045 Mil) and declined from Sep. 2024 (C$1,045 Mil) to Dec. 2024 (C$1,019 Mil).

Cascades's annual retained earnings declined from Dec. 2022 (C$1,212 Mil) to Dec. 2023 (C$1,096 Mil) and declined from Dec. 2023 (C$1,096 Mil) to Dec. 2024 (C$1,019 Mil).


Cascades Retained Earnings Historical Data

The historical data trend for Cascades'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.

Cascades Retained Earnings Chart

Cascades Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,146.00 1,274.00 1,212.00 1,096.00 1,019.00

Cascades Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 1,096.00 1,067.00 1,059.00 1,045.00 1,019.00

Cascades 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.


Cascades  (TSX:CAS) 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.


Cascades Business Description

Traded in Other Exchanges
Address
404 Marie-Victorin Boulevard, C.P. 30, Kingsey Falls, QC, CAN, J0A 1B0
Cascades Inc is a paper and packaging company that produces, converts, and sells packaging and tissue products composed predominantly of recycled fibres. Its customer base includes food processing companies, the maintenance industry, accommodations and housing industry, micro-businesses, and boutiques. The products are marketed through brands such as Cascades Fresh, Cascades Protect, Cascades IMGN, Cascades PRO, and Cascades Fluff & Tuff, among others. The company is organized into three main business segments; Containerboard, Specialty Products (which constitutes packaging products), and Tissue Papers. A majority of its revenue is generated from the Containerboard segment. Geographically, the company derives maximum revenue from the United States and the rest from Canada.
Executives
Robert F. Hall Senior Officer
Luc Langevin Senior Officer
Alain Lemaire Director, Senior Officer
Hugues Simon Director, Senior Officer
Allan Hogg Senior Officer
Maryse Fernet Senior Officer
Mario Plourde Director, Senior Officer
Mélanie Dunn Director
Nelson Gentiletti Director
Élise Pelletier Director
Laurent Lemaire 10% Security Holder
Léon Marineau Senior Officer
Hugo D'amours Senior Officer
Dominic Doré Senior Officer
Charles Malo Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)

Cascades Headlines