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Grupo Catalana Occidente (XMAD:GCO) Retained Earnings : €0 Mil (As of Sep. 2023)


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What is Grupo Catalana Occidente Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Grupo Catalana Occidente's retained earnings for the quarter that ended in Sep. 2023 was €0 Mil.

Grupo Catalana Occidente's quarterly retained earnings increased from Mar. 2023 (€0 Mil) to Jun. 2023 (€370 Mil) but then declined from Jun. 2023 (€370 Mil) to Sep. 2023 (€0 Mil).

Grupo Catalana Occidente's annual retained earnings increased from Dec. 2020 (€262 Mil) to Dec. 2021 (€427 Mil) and increased from Dec. 2021 (€427 Mil) to Dec. 2022 (€487 Mil).


Grupo Catalana Occidente Retained Earnings Historical Data

The historical data trend for Grupo Catalana Occidente'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.

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Grupo Catalana Occidente Retained Earnings Chart

Grupo Catalana Occidente 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 352.16 385.94 262.33 427.23 486.57

Grupo Catalana Occidente Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 - 486.57 - 370.11 -

Grupo Catalana Occidente 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.


Grupo Catalana Occidente  (XMAD:GCO) 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.


Grupo Catalana Occidente (XMAD:GCO) Business Description

Traded in Other Exchanges
Address
Avenida Alcalde Barnils 63, Sant Cugat del Valles, Barcelona, ESP, 08174
Grupo Catalana Occidente SA is a property and casualty company that operates in the global insurance market, as well as the global credit insurance market. It generates most of its revenue from Spain and other European countries. The company's revenue is generally split between its traditional insurance business and its credit insurance activity. Its traditional insurance business includes residential, commercial, auto, and life insurance products. Grupo's credit insurance business protects companies from the default risk associated with selling products and services on credit.