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Grupo MexicoB de CV (Grupo MexicoB de CV) Retained Earnings : $19,374 Mil (As of Sep. 2023)


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What is Grupo MexicoB de CV Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Grupo MexicoB de CV's retained earnings for the quarter that ended in Sep. 2023 was $19,374 Mil.

Grupo MexicoB de CV's quarterly retained earnings increased from Mar. 2023 ($18,644 Mil) to Jun. 2023 ($19,047 Mil) and increased from Jun. 2023 ($19,047 Mil) to Sep. 2023 ($19,374 Mil).

Grupo MexicoB de CV's annual retained earnings increased from Dec. 2020 ($14,920 Mil) to Dec. 2021 ($16,515 Mil) and increased from Dec. 2021 ($16,515 Mil) to Dec. 2022 ($17,721 Mil).


Grupo MexicoB de CV Retained Earnings Historical Data

The historical data trend for Grupo MexicoB de CV'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.

Grupo MexicoB de CV Retained Earnings Chart

Grupo MexicoB de CV 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 12,777.37 13,699.33 14,920.30 16,515.30 17,721.41

Grupo MexicoB de CV 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 17,335.26 17,721.41 18,643.67 19,046.79 19,373.92

Grupo MexicoB de CV 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 MexicoB de CV  (OTCPK:GMBXF) 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 MexicoB de CV (Grupo MexicoB de CV) Business Description

Traded in Other Exchanges
Address
Campos Eliieos No. 400, Col. lomas de chapultepec, Mexico, DF, MEX, C.P. 11000
Grupo Mexico SAB de CV is a holding company that operates in the mining-metallurgic industry, the exploration, exploitation, and benefit of metallic and non-metallic ores, multimodal freight railroad service, and infrastructure development. The majority of the group's revenue is generated by the mining division, through its subsidiary AMC. The company has 14 mines and exploration projects in Mexico, Peru, the United States of America, Chile, Ecuador, and Argentina, and its products include copper, molybdenum, silver, zinc, gold, and lead. The company also has a transportation division comprised of three large railroad companies through its subsidiary FM Rail Holding. Together, they form the largest railroad operator in Mexico, both in terms of coverage and fleet size.

Grupo MexicoB de CV (Grupo MexicoB de CV) Headlines

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