Sandvik AB (Sandvik AB) Retained Earnings : $0 Mil (As of Mar. 2024)

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What is Sandvik AB Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Sandvik AB's retained earnings for the quarter that ended in Mar. 2024 was $0 Mil.

Sandvik AB's quarterly retained earnings increased from Sep. 2023 ($0 Mil) to Dec. 2023 ($6,534 Mil) but then declined from Dec. 2023 ($6,534 Mil) to Mar. 2024 ($0 Mil).

Sandvik AB's annual retained earnings declined from Dec. 2021 ($6,807 Mil) to Dec. 2022 ($5,622 Mil) but then increased from Dec. 2022 ($5,622 Mil) to Dec. 2023 ($6,534 Mil).

Sandvik AB Retained Earnings Historical Data

The historical data trend for Sandvik AB'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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Sandvik AB Retained Earnings Chart

Sandvik AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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4,839.81

6,411.98

6,806.90

5,622.09

6,534.47

Sandvik AB 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															-	-	-	6,534.47	-

Sandvik AB 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.

Sandvik AB (OTCPK:SDVKF) 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.

Sandvik AB (Sandvik AB) Business Description

Industry

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SDVKY:USA SAND:Sweden SAND:Mexico SANDs:UK 0HC0:UK SVKB:Germany

Address

Kungsbron 1, Section G, Floor 6, Stockholm, SWE, 111 22

Website

https://www.sandvik.com

Sandvik is a manufacturer of specialized tools and mining equipment used predominantly by global mining, engineering, and automotive customers. The company's core operations are in metal cutting and mining equipment. The company has a well-documented history, having been founded in 1862 and listed on the Nordic Exchange in Stockholm in 1901.Europe is the largest contributor to group sales at 27%, followed by North America 25%, Asia 19%, Australia 12%, Africa/Middle East 11%, and South America 6%.