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Compass Minerals International (FRA:CM8) Retained Earnings : €75 Mil (As of Mar. 2024)


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What is Compass Minerals International Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Compass Minerals International's retained earnings for the quarter that ended in Mar. 2024 was €75 Mil.

Compass Minerals International's quarterly retained earnings declined from Sep. 2023 (€203 Mil) to Dec. 2023 (€124 Mil) and declined from Dec. 2023 (€124 Mil) to Mar. 2024 (€75 Mil).

Compass Minerals International's annual retained earnings increased from Sep. 2021 (€0 Mil) to Sep. 2022 (€229 Mil) but then declined from Sep. 2022 (€229 Mil) to Sep. 2023 (€203 Mil).


Compass Minerals International Retained Earnings Historical Data

The historical data trend for Compass Minerals International'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.

Compass Minerals International Retained Earnings Chart

Compass Minerals International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Sep21 Sep22 Sep23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 536.04 459.58 - 228.77 203.42

Compass Minerals International 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 179.33 208.41 203.42 124.35 74.80

Compass Minerals International 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.


Compass Minerals International  (FRA:CM8) 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.


Compass Minerals International (FRA:CM8) Business Description

Traded in Other Exchanges
Address
9900 West 109th Street, Suite 100, Overland Park, KS, USA, 66210
Compass Minerals currently produces two primary products: salt and specialty potash fertilizer. The company's main assets include rock salt mines in Ontario, Louisiana, and the United Kingdom and a salt brine operation at the Great Salt Lake in Utah that produces sulfate of potash and magnesium chloride. Compass' salt products are used for deicing and also by industrial and consumer end markets. The firm's sulfate of potash is used by growers of high-value crops that are sensitive to standard potash. Compass also sells fire retardants, with its magnesium chloride-based products used to combat forest fires.

Compass Minerals International (FRA:CM8) Headlines

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