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Pizza Pizza Royalty (TSX:PZA) Retained Earnings : C$-36.60 Mil (As of Sep. 2024)


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What is Pizza Pizza Royalty Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Pizza Pizza Royalty's retained earnings for the quarter that ended in Sep. 2024 was C$-36.60 Mil.

Pizza Pizza Royalty's quarterly retained earnings declined from Dec. 2023 (C$-34.47 Mil) to Mar. 2024 (C$-35.32 Mil) and declined from Mar. 2024 (C$-35.32 Mil) to Sep. 2024 (C$-36.60 Mil).

Pizza Pizza Royalty's annual retained earnings increased from Dec. 2021 (C$-34.58 Mil) to Dec. 2022 (C$-34.48 Mil) and increased from Dec. 2022 (C$-34.48 Mil) to Dec. 2023 (C$-34.47 Mil).


Pizza Pizza Royalty Retained Earnings Historical Data

The historical data trend for Pizza Pizza Royalty'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.

Pizza Pizza Royalty Retained Earnings Chart

Pizza Pizza Royalty 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 -36.18 -34.78 -34.58 -34.48 -34.47

Pizza Pizza Royalty Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
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 -34.68 -34.49 -34.47 -35.32 -36.60

Pizza Pizza Royalty 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.


Pizza Pizza Royalty  (TSX:PZA) 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.


Pizza Pizza Royalty Business Description

Traded in Other Exchanges
Address
500 Kipling Avenue, Toronto, ON, CAN, M8Z 5E5
Pizza Pizza Royalty Corp through its subsidiary, Pizza Pizza Royalty Limited Partnership, owns and franchises quick-service restaurants under the Pizza Pizza and Pizza 73 brands. It receives the benefit of Pizza Pizza Royalty and Pizza 73 Royalty payable by PPL under the Pizza Pizza Licence and Royalty Agreement and the Pizza 73 Licence and Royalty Agreement, respectively, as well as royalty payments under the international agreement, indirectly through its interests in the partnership.
Executives
Edward Peter Howard Nash Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Neil Gainford Lester Director
Christine D'sylva Senior Officer
Philip Goudreau Senior Officer
Curtis Randall Feltner Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Paul Goddard Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)