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Molson Coors Canada (TSX:TPX.A) Retained Earnings : C$10,284 Mil (As of Mar. 2024)


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What is Molson Coors Canada Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Molson Coors Canada's retained earnings for the quarter that ended in Mar. 2024 was C$10,284 Mil.

Molson Coors Canada's quarterly retained earnings declined from Sep. 2023 (C$10,108 Mil) to Dec. 2023 (C$10,041 Mil) but then increased from Dec. 2023 (C$10,041 Mil) to Mar. 2024 (C$10,284 Mil).

Molson Coors Canada's annual retained earnings declined from Dec. 2021 (C$9,474 Mil) to Dec. 2022 (C$9,366 Mil) but then increased from Dec. 2022 (C$9,366 Mil) to Dec. 2023 (C$10,041 Mil).


Molson Coors Canada Retained Earnings Historical Data

The historical data trend for Molson Coors Canada'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.

Molson Coors Canada Retained Earnings Chart

Molson Coors Canada 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 10,030.83 8,382.47 9,473.92 9,365.64 10,040.94

Molson Coors Canada 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 9,409.80 9,471.99 10,107.66 10,040.94 10,283.84

Molson Coors Canada 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.


Molson Coors Canada  (TSX:TPX.A) 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.


Molson Coors Canada (TSX:TPX.A) Business Description

Traded in Other Exchanges
Address
33 Carlingview Drive, Toronto, ON, CAN, M9W 5E4
Molson Coors Canada Inc is a large global brewer and distributor of beer and other malt beverages. major brands include Coors Light, Miller Lite, Molson Canadian, Carling, Staropramen, Coors Banquet, Blue Moon, Vizzy, Leinenkugel, and Creemore. Its two segments are the Americas and EMEA&APAC segments. Americas segment operates in the U.S., Canada and various countries in the Caribbean, Latin and South America and EMEA&APAC segment operates in Bulgaria, Croatia, Czech Republic, Hungary, Montenegro, the Republic of Ireland, Romania, Serbia, the U.K., various other European countries, and certain countries within the Middle East, Africa and Asia Pacific. Its breweries are located across the U.S., Canada, and Europe, with the majority of the company's revenue generated in Americas.

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