GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » MerryMart Consumer Corp (PHS:MM) » Definitions » Retained Earnings

MerryMart Consumer (PHS:MM) Retained Earnings : ₱1,159 Mil (As of Mar. 2024)


View and export this data going back to 2020. Start your Free Trial

What is MerryMart Consumer Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. MerryMart Consumer's retained earnings for the quarter that ended in Mar. 2024 was ₱1,159 Mil.

MerryMart Consumer's quarterly retained earnings increased from Sep. 2023 (₱511 Mil) to Dec. 2023 (₱1,157 Mil) and increased from Dec. 2023 (₱1,157 Mil) to Mar. 2024 (₱1,159 Mil).

MerryMart Consumer's annual retained earnings increased from Dec. 2021 (₱180 Mil) to Dec. 2022 (₱750 Mil) and increased from Dec. 2022 (₱750 Mil) to Dec. 2023 (₱1,157 Mil).


MerryMart Consumer Retained Earnings Historical Data

The historical data trend for MerryMart Consumer'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.

MerryMart Consumer Retained Earnings Chart

MerryMart Consumer Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial 106.99 146.84 180.34 750.07 1,156.89

MerryMart Consumer 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 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 487.86 501.97 510.97 1,156.89 1,159.05

MerryMart Consumer 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.


MerryMart Consumer  (PHS:MM) 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.


MerryMart Consumer (PHS:MM) Business Description

Traded in Other Exchanges
N/A
Address
DD Meridian Park Corner Macapagal Avenue and Edsa Extension, 9th Floor, Tower 1, DoubleDragon Plaza, Bay Area, Pasay, PHL, 1302
MerryMart Consumer Corp is an emerging consumer-focused retail company. It is engaged in the operation of retail stores in the supermarket and household essentials category. It operates through Four divisions namely, MerryMart Grocery; MerryMart Market; and MerryMart Store, MerryMart Wholesale. It generates revenues from trading and selling goods and consumer products on a wholesale or retail basis.

MerryMart Consumer (PHS:MM) Headlines

From GuruFocus

Millennial Media Inc. Closes Follow-On Offering, Insider Sells Reported

By Dianne Tordillo Dianne Tordillo 10-30-2012

Baron Funds Comments on Millennial Media

By Holly LaFon Holly LaFon 08-24-2012