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Compania Electrica del Litoral (XSGO:LITORAL) Retained Earnings : CLP18,006 Mil (As of Sep. 2024)


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What is Compania Electrica del Litoral Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Compania Electrica del Litoral's retained earnings for the quarter that ended in Sep. 2024 was CLP18,006 Mil.

Compania Electrica del Litoral's quarterly retained earnings increased from Mar. 2024 (CLP15,779 Mil) to Jun. 2024 (CLP17,697 Mil) and increased from Jun. 2024 (CLP17,697 Mil) to Sep. 2024 (CLP18,006 Mil).

Compania Electrica del Litoral's annual retained earnings increased from Dec. 2021 (CLP11,842 Mil) to Dec. 2022 (CLP13,139 Mil) and increased from Dec. 2022 (CLP13,139 Mil) to Dec. 2023 (CLP15,409 Mil).


Compania Electrica del Litoral Retained Earnings Historical Data

The historical data trend for Compania Electrica del Litoral'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.

Compania Electrica del Litoral Retained Earnings Chart

Compania Electrica del Litoral 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 11,028.83 11,291.55 11,841.56 13,138.55 15,408.91

Compania Electrica del Litoral Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 13,926.32 15,408.91 15,779.44 17,697.34 18,006.27

Compania Electrica del Litoral 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.


Compania Electrica del Litoral  (XSGO:LITORAL) 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.


Compania Electrica del Litoral Business Description

Traded in Other Exchanges
N/A
Address
San Sebastian, Oficina 202, Las Condes, Santiago, CHL, 2952
Compania Electrica del Litoral SA generates, distributes and supplies electric energy in Chile and internationally. Additionally it also provides services related to the construction of electric works and involves in the retail of household appliances. It also has other commercial and investment activities.

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