GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Melcor Developments Ltd (TSX:MRD) » Definitions » Retained Earnings

Melcor Developments (TSX:MRD) Retained Earnings : C$1,110.4 Mil (As of Dec. 2023)


View and export this data going back to 1972. Start your Free Trial

What is Melcor Developments Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Melcor Developments's retained earnings for the quarter that ended in Dec. 2023 was C$1,110.4 Mil.

Melcor Developments's quarterly retained earnings increased from Jun. 2023 (C$1,084.6 Mil) to Sep. 2023 (C$1,105.8 Mil) and increased from Sep. 2023 (C$1,105.8 Mil) to Dec. 2023 (C$1,110.4 Mil).

Melcor Developments's annual retained earnings increased from Dec. 2021 (C$1,020.6 Mil) to Dec. 2022 (C$1,073.7 Mil) and increased from Dec. 2022 (C$1,073.7 Mil) to Dec. 2023 (C$1,110.4 Mil).


Melcor Developments Retained Earnings Historical Data

The historical data trend for Melcor Developments'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.

Melcor Developments Retained Earnings Chart

Melcor Developments Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 982.10 981.61 1,020.58 1,073.71 1,110.39

Melcor Developments Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1,073.71 1,070.86 1,084.59 1,105.77 1,110.39

Melcor Developments 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.


Melcor Developments  (TSX:MRD) 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.


Melcor Developments (TSX:MRD) Business Description

Traded in Other Exchanges
Address
10310 Jasper Avenue, Suite 900, Edmonton, AB, CAN, T5J 1Y8
Melcor Developments Ltd is a real estate development company. It develops and manages mixed-use residential communities, business and industrial parks, office buildings, retail commercial centers, and golf courses. Its divisions include Community Development, which is engaged in acquiring raw land and planning residential communities and commercial developments; Property Development, which is engaged in project managing development, leasing, and construction of commercial properties; Investment Properties operates a portfolio of commercial and residential properties, focused on property improvements and capital appreciation; the REIT, which is engaged in acquiring and owning leasable office, retail, industrial and residential sites; Recreation Property and Corporate.

Melcor Developments (TSX:MRD) Headlines

No Headlines