Cazoo Group (Cazoo Group) Retained Earnings : $-1,802 Mil (As of Jun. 2023)

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What is Cazoo Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Cazoo Group's retained earnings for the quarter that ended in Jun. 2023 was $-1,802 Mil.

Cazoo Group's quarterly retained earnings declined from Jun. 2022 ($-1,017 Mil) to Dec. 2022 ($-1,558 Mil) and declined from Dec. 2022 ($-1,558 Mil) to Jun. 2023 ($-1,802 Mil).

Cazoo Group's annual retained earnings declined from Dec. 2020 ($-157 Mil) to Dec. 2021 ($-813 Mil) and declined from Dec. 2021 ($-813 Mil) to Dec. 2022 ($-1,558 Mil).

Cazoo Group Retained Earnings Historical Data

The historical data trend for Cazoo Group'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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Cazoo Group Retained Earnings Chart

Cazoo Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Retained Earnings

-23.52

-157.09

-812.78

-1,557.61

Cazoo Group Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Retained Earnings	Get a 7-Day Free Trial			-289.59	-812.78	-1,016.63	-1,557.61	-1,802.20

Cazoo Group 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.

Cazoo Group (OTCPK:CZOOF) 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.

Cazoo Group (Cazoo Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Cazoo Group Ltd (OTCPK:CZOOF) » Definitions » Retained Earnings

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Traded in Other Exchanges

N/A

Address

41 Chalton Street, London, GBR, NW1 1JD

Website

https://www.cazoo.co.uk

Cazoo Group Ltd transforms the car buying experience for consumers across the UK and Europe. It aims to make buying a car an easy experience, where consumers can simply and seamlessly purchase, finance, or subscribe to a car entirely online for either delivery or collection in less time.