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Acerias Paz del Rio (BOG:PAZRIO) Retained Earnings : COP18,128 Mil (As of Dec. 2023)


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What is Acerias Paz del Rio Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Acerias Paz del Rio's retained earnings for the quarter that ended in Dec. 2023 was COP18,128 Mil.

Acerias Paz del Rio's quarterly retained earnings declined from Jun. 2023 (COP26,606 Mil) to Sep. 2023 (COP8,581 Mil) but then increased from Sep. 2023 (COP8,581 Mil) to Dec. 2023 (COP18,128 Mil).

Acerias Paz del Rio's annual retained earnings declined from Dec. 2021 (COP161,347 Mil) to Dec. 2022 (COP52,413 Mil) and declined from Dec. 2022 (COP52,413 Mil) to Dec. 2023 (COP18,128 Mil).


Acerias Paz del Rio Retained Earnings Historical Data

The historical data trend for Acerias Paz del Rio'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.

Acerias Paz del Rio Retained Earnings Chart

Acerias Paz del Rio 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 84,358.46 43,166.67 161,346.91 52,412.99 18,128.03

Acerias Paz del Rio Quarterly Data
Sep18 Dec18 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 52,412.99 33,379.63 26,606.06 8,580.71 18,128.03

Acerias Paz del Rio 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.


Acerias Paz del Rio  (BOG:PAZRIO) 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.


Acerias Paz del Rio (BOG:PAZRIO) Business Description

Traded in Other Exchanges
N/A
Address
Edificio Megabanco, Piso 6, 13-26, Calle 100, Bogota, COL, 4260
Acerias Paz del Rio SA is a steel production company. It is engaged in the manufacturing of steel products and derivates used in the industrial, metallurgical, construction and agricultural sectors.

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