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Salada Foods Jamaica (XJAM:SALF) Retained Earnings : JMD1,004 Mil (As of Sep. 2023)


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What is Salada Foods Jamaica Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Salada Foods Jamaica's retained earnings for the quarter that ended in Sep. 2023 was JMD1,004 Mil.

Salada Foods Jamaica's quarterly retained earnings increased from Mar. 2023 (JMD973 Mil) to Jun. 2023 (JMD998 Mil) and increased from Jun. 2023 (JMD998 Mil) to Sep. 2023 (JMD1,004 Mil).

Salada Foods Jamaica's annual retained earnings increased from Sep. 2021 (JMD915 Mil) to Sep. 2022 (JMD961 Mil) and increased from Sep. 2022 (JMD961 Mil) to Sep. 2023 (JMD1,004 Mil).


Salada Foods Jamaica Retained Earnings Historical Data

The historical data trend for Salada Foods Jamaica'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.

Salada Foods Jamaica Retained Earnings Chart

Salada Foods Jamaica Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 925.39 867.63 915.04 960.86 1,003.79

Salada Foods Jamaica Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 960.86 925.91 973.42 998.15 1,003.79

Salada Foods Jamaica 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.


Salada Foods Jamaica  (XJAM:SALF) 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.


Salada Foods Jamaica (XJAM:SALF) Business Description

Traded in Other Exchanges
N/A
Address
20 Bell Road, P.O. Box 71, Kingston, JAM, 11
Salada Foods Jamaica Ltd is engaged in the manufacture and sale of instant coffee and roasted and ground coffee beans and other consumer products. Its products include Jamaica Mountain Peak an Instant Coffee prepared from freshly roasted and ground Arabica Beans from which the solubles are extracted and spray-driedIt has two geographic segments Local and Export, and the majority of the revenue comes from the Local.

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