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Compania Industrial El Volcan (XSGO:VOLCAN) Retained Earnings : CLP262,489 Mil (As of Dec. 2023)


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What is Compania Industrial El Volcan Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Compania Industrial El Volcan's retained earnings for the quarter that ended in Dec. 2023 was CLP262,489 Mil.

Compania Industrial El Volcan's quarterly retained earnings increased from Jun. 2023 (CLP257,983 Mil) to Sep. 2023 (CLP260,738 Mil) and increased from Sep. 2023 (CLP260,738 Mil) to Dec. 2023 (CLP262,489 Mil).

Compania Industrial El Volcan's annual retained earnings increased from Dec. 2021 (CLP225,437 Mil) to Dec. 2022 (CLP249,793 Mil) and increased from Dec. 2022 (CLP249,793 Mil) to Dec. 2023 (CLP262,489 Mil).


Compania Industrial El Volcan Retained Earnings Historical Data

The historical data trend for Compania Industrial El Volcan'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 Industrial El Volcan Retained Earnings Chart

Compania Industrial El Volcan 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 179,341.68 196,969.66 225,436.62 249,792.95 262,489.36

Compania Industrial El Volcan Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 249,792.95 254,372.69 257,983.19 260,737.71 262,489.36

Compania Industrial El Volcan 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 Industrial El Volcan  (XSGO:VOLCAN) 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 Industrial El Volcan (XSGO:VOLCAN) Business Description

Traded in Other Exchanges
N/A
Address
Agustinas 1357, Piso 22, Santiago, CHL
Compania Industrial El Volcan SA is a producer and marketer of materials for construction in Chile, Peru, Colombia and Brazil. It supplies building materials and provides constructive solutions. Through its subsidiaries it produces plasterboard plates, mineral wool, glass wool, and many others. It also distributes mines gypsum and lime. Its products include Perimeter walls, Finishing the facade, Plates for wet areas, High hardness / impact plates, Plates with built-in color, Thermal insulation, Insulation of boilers and ponds, Insulation for pipes, Insulation for industrial sheds.

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