GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Empresa de Servicios Santitarios de Los Lagos SA (XSGO:ESSAL-B) » Definitions » Retained Earnings

Empresa de Serviciosntitarios de Los Lagos (XSGO:ESSAL-B) Retained Earnings : CLP32,860.95 Mil (As of Mar. 2021)


View and export this data going back to 2011. Start your Free Trial

What is Empresa de Serviciosntitarios de Los Lagos Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Empresa de Serviciosntitarios de Los Lagos's retained earnings for the quarter that ended in Mar. 2021 was CLP32,860.95 Mil.

Empresa de Serviciosntitarios de Los Lagos's quarterly retained earnings declined from Sep. 2020 (CLP30,645.86 Mil) to Dec. 2020 (CLP29,933.62 Mil) but then increased from Dec. 2020 (CLP29,933.62 Mil) to Mar. 2021 (CLP32,860.95 Mil).

Empresa de Serviciosntitarios de Los Lagos's annual retained earnings declined from Dec. 2018 (CLP33,550.28 Mil) to Dec. 2019 (CLP25,284.82 Mil) but then increased from Dec. 2019 (CLP25,284.82 Mil) to Dec. 2020 (CLP29,933.62 Mil).


Empresa de Serviciosntitarios de Los Lagos Retained Earnings Historical Data

The historical data trend for Empresa de Serviciosntitarios de Los Lagos'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.

Empresa de Serviciosntitarios de Los Lagos Retained Earnings Chart

Empresa de Serviciosntitarios de Los Lagos Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35,143.61 34,646.92 33,550.28 25,284.82 29,933.62

Empresa de Serviciosntitarios de Los Lagos Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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 26,957.81 30,391.92 30,645.86 29,933.62 32,860.95

Empresa de Serviciosntitarios de Los Lagos 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.


Empresa de Serviciosntitarios de Los Lagos  (XSGO:ESSAL-B) 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.


Empresa de Serviciosntitarios de Los Lagos (XSGO:ESSAL-B) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Covadonga No. 52, Puerto Montt, CHL
Empresa de Servicios Santitarios de Los Lagos SA provides drinking water and wastewater services. Its services include drinking water, sewerage, liquid industrial waste treatment, and feasibilities.

Empresa de Serviciosntitarios de Los Lagos (XSGO:ESSAL-B) Headlines

No Headlines