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BridgeFort Capital (XZIM:BFCA.ZW) Retained Earnings : ZWL-388.19 Mil (As of Dec. 2021)


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What is BridgeFort Capital Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. BridgeFort Capital's retained earnings for the quarter that ended in Dec. 2021 was ZWL-388.19 Mil.

BridgeFort Capital's quarterly retained earnings increased from Dec. 2020 (ZWL-121.03 Mil) to Jun. 2021 (ZWL-85.07 Mil) but then declined from Jun. 2021 (ZWL-85.07 Mil) to Dec. 2021 (ZWL-388.19 Mil).

BridgeFort Capital's annual retained earnings declined from Dec. 2020 (ZWL-121.03 Mil) to Dec. 2021 (ZWL-388.19 Mil) and declined from Dec. 2021 (ZWL-388.19 Mil) to Dec. 2022 (ZWL-1,829.14 Mil).


BridgeFort Capital Retained Earnings Historical Data

The historical data trend for BridgeFort Capital'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.

BridgeFort Capital Retained Earnings Chart

BridgeFort Capital Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec20 Dec21 Dec22
Retained Earnings
Get a 7-Day Free Trial -3.31 -2.86 -121.03 -388.19 -1,829.14

BridgeFort Capital Semi-Annual Data
Dec15 Dec16 Dec17 Dec18 Jun20 Dec20 Jun21 Dec21 Dec22
Retained Earnings Get a 7-Day Free Trial Premium Member Only - -121.03 -85.07 -388.19 -1,829.14

BridgeFort Capital 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.


BridgeFort Capital  (XZIM:BFCA.ZW) 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.


BridgeFort Capital (XZIM:BFCA.ZW) Business Description

Traded in Other Exchanges
N/A
Address
No. 7 Bernard Avenue, Rolf Valley, Harare, ZWE
BridgeFort Capital Ltd is a Zimbabwe-based company engaged in the healthcare sector. The company manufactures, markets, and distributes health, hygiene, beauty, and pharmaceutical products. In addition, the group also manufactures and distributes petroleum jelly and glycerine. The group's operating segments are Fast Moving Consumer Goods (FMCG), Medical, and Manufacturing, of which the majority of the revenue is derived from the FMCG segment. The FMCG segment distributes products manufactured by the Manufacturing segment and also trades in other personal care products, toiletries, and other fast-moving consumer goods.

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