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Grupo Mundial Tenedora (XPTY:GMUN) Retained Earnings : $-27.90 Mil (As of Jun. 2024)


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What is Grupo Mundial Tenedora Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Grupo Mundial Tenedora's retained earnings for the quarter that ended in Jun. 2024 was $-27.90 Mil.

Grupo Mundial Tenedora's quarterly retained earnings declined from Dec. 2023 ($-27.63 Mil) to Mar. 2024 ($-28.01 Mil) but then increased from Mar. 2024 ($-28.01 Mil) to Jun. 2024 ($-27.90 Mil).

Grupo Mundial Tenedora's annual retained earnings declined from Dec. 2021 ($-22.47 Mil) to Dec. 2022 ($-26.33 Mil) and declined from Dec. 2022 ($-26.33 Mil) to Dec. 2023 ($-27.63 Mil).


Grupo Mundial Tenedora Retained Earnings Historical Data

The historical data trend for Grupo Mundial Tenedora'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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Grupo Mundial Tenedora Retained Earnings Chart

Grupo Mundial Tenedora 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 -21.32 -22.33 -22.47 -26.33 -27.63

Grupo Mundial Tenedora Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -26.09 -25.77 -27.63 -28.01 -27.90

Grupo Mundial Tenedora 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.


Grupo Mundial Tenedora  (XPTY:GMUN) 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.


Grupo Mundial Tenedora Business Description

Traded in Other Exchanges
N/A
Address
Avenida La Rotonda Boulevard and East Coast, PH GMT Building, Fifth Floor, PO Box 0830-01433, La Rotonda Boulevard Avenue, Panama, PAN, 5
Grupo Mundial Tenedora SA through its subsidiaries provides banking and financial services. The company's products and services include mortgage loans; personal, commercial, specialized, and agricultural banking services; consumer credits, personal loans, and leasing and factoring services; real estate trust and guarantee trust services for the financing of vehicles and high-valued residences; credit facility lines for the commercial and agricultural industries; and asset management services.

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