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Scully Royalty (Scully Royalty) Retained Earnings : $-25.52 Mil (As of Jun. 2023)


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What is Scully Royalty Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Scully Royalty's retained earnings for the quarter that ended in Jun. 2023 was $-25.52 Mil.

Scully Royalty's quarterly retained earnings declined from Jun. 2022 ($3.42 Mil) to Dec. 2022 ($-23.19 Mil) and declined from Dec. 2022 ($-23.19 Mil) to Jun. 2023 ($-25.52 Mil).

Scully Royalty's annual retained earnings increased from Dec. 2020 ($1.08 Mil) to Dec. 2021 ($7.09 Mil) but then declined from Dec. 2021 ($7.09 Mil) to Dec. 2022 ($-23.19 Mil).


Scully Royalty Retained Earnings Historical Data

The historical data trend for Scully Royalty'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.

Scully Royalty Retained Earnings Chart

Scully Royalty Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.39 0.77 1.08 7.09 -23.19

Scully Royalty Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 9.22 7.09 3.42 -23.19 -25.52

Scully Royalty 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.


Scully Royalty  (NYSE:SRL) 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.


Scully Royalty (Scully Royalty) Business Description

Traded in Other Exchanges
Address
2299 Yan An Road West, Room 2103 Shanghai Mart Tower, Changning District, Shanghai, CHN, 200336
Scully Royalty Ltd is a royalty-based company that maximizes earnings upon its iron ore royalty interest. The company's business segments include Royalty, which includes an interest in an iron ore mine; Industrial, which includes projects in resources and services; Merchant Banking, which comprises regulated merchant banking activities. The majority of the revenue is generated from the Royalty segment. The company's geographical segments include Canada, Africa, America, Asia, and Europe, out of which Canada accounts for the majority of the revenue.
Executives
Stefan Feuerstein director BERLIN CHARLOTTEN STR 59, GERMANY D-1017 2M 00000

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