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Crown Resorts (ASX:CWNHB.PFD) Retained Earnings : A$4,496.60 Mil (As of Dec. 2021)


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What is Crown Resorts Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Crown Resorts's retained earnings for the quarter that ended in Dec. 2021 was A$4,496.60 Mil.

Crown Resorts's quarterly retained earnings declined from Dec. 2020 (A$4,833.60 Mil) to Jun. 2021 (A$4,692.90 Mil) and declined from Jun. 2021 (A$4,692.90 Mil) to Dec. 2021 (A$4,496.60 Mil).

Crown Resorts's annual retained earnings declined from Jun. 2019 (A$5,298.80 Mil) to Jun. 2020 (A$4,954.50 Mil) and declined from Jun. 2020 (A$4,954.50 Mil) to Jun. 2021 (A$4,692.90 Mil).


Crown Resorts Retained Earnings Historical Data

The historical data trend for Crown Resorts'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.

Crown Resorts Retained Earnings Chart

Crown Resorts Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,153.08 5,306.00 5,298.80 4,954.50 4,692.90

Crown Resorts Semi-Annual Data
Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21
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 5,296.30 4,954.50 4,833.60 4,692.90 4,496.60

Crown Resorts 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.


Crown Resorts  (ASX:CWNHB.PFD) 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.


Crown Resorts (ASX:CWNHB.PFD) Business Description

Traded in Other Exchanges
N/A
Address
8 Whiteman Street, Level 3, Crown Towers, Southbank, Melbourne, VIC, AUS, 3006
Crown Resorts is Australia's largest hotel-casino company. Its flagship property is Crown Melbourne, an integrated complex with more than 2,600 electronic game machines, or EGMs, 540 tables, and three hotels. Crown also operates Crown Perth, a property with more than 2,500 EGMs, 350 tables, and three hotels. Crown has also obtained a licence to operate Sydney's second casino, Crown Sydney, centred on the VIP and premium gaming market. The company also operates Aspinall's, a boutique, premium-focussed casino in London.

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