Wynn Macau (Wynn Macau) Retained Earnings : $-2,094 Mil (As of Dec. 2023)

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What is Wynn Macau Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Wynn Macau's retained earnings for the quarter that ended in Dec. 2023 was $-2,094 Mil.

Wynn Macau's quarterly retained earnings declined from Dec. 2022 ($-2,267 Mil) to Jun. 2023 ($-2,454 Mil) but then increased from Jun. 2023 ($-2,454 Mil) to Dec. 2023 ($-2,094 Mil).

Wynn Macau's annual retained earnings declined from Dec. 2021 ($0 Mil) to Dec. 2022 ($-2,267 Mil) but then increased from Dec. 2022 ($-2,267 Mil) to Dec. 2023 ($-2,094 Mil).

Wynn Macau Retained Earnings Historical Data

The historical data trend for Wynn Macau'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.

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Wynn Macau Retained Earnings Chart

Wynn Macau Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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-2,267.34

-2,093.97

Wynn Macau Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Retained Earnings	Get a 7-Day Free Trial															-	-	-2,267.34	-2,453.75	-2,093.97

Wynn Macau 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.

Wynn Macau (OTCPK:WYNMF) 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.

Wynn Macau (Wynn Macau) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Wynn Macau Ltd (OTCPK:WYNMF) » Definitions » Retained Earnings

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WYNMY:USA 01128:Hong Kong 8WY:Germany

Address

Avenida da Nave Desportiva, Wynn Palace, Cotai, MAC

Website

https://www.wynnmacau.com

Wynn Macau operates integrated casino resorts in Macao, including Wynn Macau on the peninsula and Wynn Palace in Cotai. These properties feature with high-end hotels and brand-name stores, making Wynn a high-end iconic brand. Wynn Resorts has a 72% stake in Wynn Macau.

Wynn Macau (Wynn Macau) Headlines

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