MTY Food Group (TSX:MTY) Retained Earnings : C$446 Mil (As of Nov. 2024)

View and export this data going back to 2010. Start your Free Trial

What is MTY Food Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. MTY Food Group's retained earnings for the quarter that ended in Nov. 2024 was C$446 Mil.

MTY Food Group's quarterly retained earnings increased from May. 2024 (C$0 Mil) to Aug. 2024 (C$518 Mil) but then declined from Aug. 2024 (C$518 Mil) to Nov. 2024 (C$446 Mil).

MTY Food Group's annual retained earnings increased from Nov. 2022 (C$403 Mil) to Nov. 2023 (C$479 Mil) but then declined from Nov. 2023 (C$479 Mil) to Nov. 2024 (C$446 Mil).

MTY Food Group Retained Earnings Historical Data

The historical data trend for MTY Food Group'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.

MTY Food Group Retained Earnings Chart

MTY Food Group Annual Data

Trend

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Nov24

Retained Earnings

Get a 7-Day Free Trial

286.53

359.99

402.85

479.36

446.09

MTY Food Group Quarterly Data
	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
Retained Earnings	Get a 7-Day Free Trial															479.36	487.19	-	518.15	446.09

MTY Food Group 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.

MTY Food Group (TSX:MTY) 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.

MTY Food Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » MTY Food Group Inc (TSX:MTY) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

MTYFF:USA 9MF:Germany

Address

8150 autoroute Transcanadienne, Suite 200, Saint-Laurent, QC, CAN, H4S 1M5

Website

https://www.mtygroup.com

MTY Food Group Inc is a franchisor in the quick service and casual dining food industry. Its activities consist of franchising and operating corporate-owned locations as well as the sale of retail products under a multitude of banners. The company's operating segment is based on geographical regions namely Canada; and US & International, which earns maximum revenue. The company brands include Cafe Depot, Country Style, Croissant Plus, Cultures, Extremepita, Fabrika, Jus Jugo Juice, Koya Japan, ManchuWok, Muffin plus, Valentine, Van Houtte, Shushiman and others.

Executives

Renee St-onge	Senior Officer
Dickie Orr	Director
Stanley Ding Kwok Ma	10% Security Holder, Director, Senior Officer
Eric Lefebvre	Director, Senior Officer
Murat Armutlu	Director