GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Compania Sud Americana de Vapores SA (XSGO:VAPORES) » Definitions » Retained Earnings

Compania Sud Americana de Vapores (XSGO:VAPORES) Retained Earnings : CLP4,783,215.09 Mil (As of Dec. 2023)


View and export this data going back to 1982. Start your Free Trial

What is Compania Sud Americana de Vapores Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Compania Sud Americana de Vapores's retained earnings for the quarter that ended in Dec. 2023 was CLP4,783,215.09 Mil.

Compania Sud Americana de Vapores's quarterly retained earnings increased from Jun. 2023 (CLP4,448,406.74 Mil) to Sep. 2023 (CLP4,968,211.63 Mil) but then declined from Sep. 2023 (CLP4,968,211.63 Mil) to Dec. 2023 (CLP4,783,215.09 Mil).

Compania Sud Americana de Vapores's annual retained earnings increased from Dec. 2021 (CLP1,991,681.06 Mil) to Dec. 2022 (CLP4,594,026.02 Mil) and increased from Dec. 2022 (CLP4,594,026.02 Mil) to Dec. 2023 (CLP4,783,215.09 Mil).


Compania Sud Americana de Vapores Retained Earnings Historical Data

The historical data trend for Compania Sud Americana de Vapores'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 Sud Americana de Vapores Retained Earnings Chart

Compania Sud Americana de Vapores 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 -915,045.64 113,354.74 1,991,681.06 4,594,026.02 4,783,215.09

Compania Sud Americana de Vapores 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 4,594,026.02 4,512,766.58 4,448,406.74 4,968,211.63 4,783,215.09

Compania Sud Americana de Vapores 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 Sud Americana de Vapores  (XSGO:VAPORES) 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 Sud Americana de Vapores (XSGO:VAPORES) Business Description

Traded in Other Exchanges
N/A
Address
Hendaya 60, Floors 13 and 14, Santiago, CHL
Compania Sud Americana de Vapores SA is a Chilean shipping company that offers transportation services, such as the maritime carriage of liquid and solid bulk cargoes, refrigerated cargo, cars, and heavy equipment. It conducts its main line of business, container shipping, through its ownership interest in HLAG. directly provides other maritime transport services, primarily vehicle and liquid bulk cargo, and offers freight forwarder and logistics services through its subsidiary, Norgistics. CSAV operates its business through two segments, Container Shipping, and Other transport services.

Compania Sud Americana de Vapores (XSGO:VAPORES) Headlines

No Headlines