Interfor (Interfor) Retained Earnings : $812 Mil (As of Mar. 2024)

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What is Interfor Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Interfor's retained earnings for the quarter that ended in Mar. 2024 was $812 Mil.

Interfor's quarterly retained earnings declined from Sep. 2023 ($990 Mil) to Dec. 2023 ($872 Mil) and declined from Dec. 2023 ($872 Mil) to Mar. 2024 ($812 Mil).

Interfor's annual retained earnings increased from Dec. 2021 ($850 Mil) to Dec. 2022 ($1,058 Mil) but then declined from Dec. 2022 ($1,058 Mil) to Dec. 2023 ($872 Mil).

Interfor Retained Earnings Historical Data

The historical data trend for Interfor'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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Interfor Retained Earnings Chart

Interfor Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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179.26

391.68

850.11

1,057.78

871.94

Interfor Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Retained Earnings	Get a 7-Day Free Trial															1,020.48	1,040.42	990.25	871.94	812.28

Interfor 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.

Interfor (OTCPK:IFSPF) 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.

Interfor (Interfor) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Interfor Corp (OTCPK:IFSPF) » Definitions » Retained Earnings

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8IF1:Germany IFP:Canada

Address

1600-4720 Kingsway, Metrotower II, Burnaby, BC, CAN, V5H 4N2

Website

https://www.interfor.com

Interfor Corp produces and sells lumber, timber, and other wood products. The company operates sawmills to convert timber into lumber, logs, wood chips, and other wood products for sale. The firm also harvests timber for its sawmills on forest land owned by the Canadian government. Interfor pays the Canadian government stumpage fees based on the number of trees it harvests. The company's primary customers are in the construction and renovation industries. The majority of revenue is generated from the sale of lumber. The majority of Interfor's revenue comes from the United States.