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Cambria Africa (Cambria Africa) Retained Earnings : $-73.82 Mil (As of Feb. 2023)


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What is Cambria Africa Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Cambria Africa's retained earnings for the quarter that ended in Feb. 2023 was $-73.82 Mil.

Cambria Africa's quarterly retained earnings declined from Feb. 2022 ($-73.42 Mil) to Aug. 2022 ($-73.84 Mil) but then increased from Aug. 2022 ($-73.84 Mil) to Feb. 2023 ($-73.82 Mil).

Cambria Africa's annual retained earnings increased from Aug. 2020 ($-73.75 Mil) to Aug. 2021 ($-73.67 Mil) but then declined from Aug. 2021 ($-73.67 Mil) to Aug. 2022 ($-73.84 Mil).


Cambria Africa Retained Earnings Historical Data

The historical data trend for Cambria Africa'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.

Cambria Africa Retained Earnings Chart

Cambria Africa Annual Data
Trend Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -75.11 -73.27 -73.75 -73.67 -73.84

Cambria Africa Semi-Annual Data
Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23
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 -73.68 -73.67 -73.42 -73.84 -73.82

Cambria Africa 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.


Cambria Africa  (GREY:CMAFF) 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.


Cambria Africa (Cambria Africa) Business Description

Traded in Other Exchanges
Address
Peel Road, Burleigh Manor, Douglas, IMN, IM1 5EP
Cambria Africa PLC is a long-term, active investment company with a portfolio of investments in Zimbabwe. Its investment objective is to provide shareholders with long-term capital appreciation. The company's business segments are Fintech; Industrial chemicals and Head Office. The fintech segment includes payments and business process outsourcing and payroll services. The Industrial Chemicals segment manufactures and distributes industrial solvents and mining chemicals. It generates maximum revenue from the Fintech segment.

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