GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Abengoa SA (OTCPK:ABGOF) » Definitions » Retained Earnings

Abengoa (Abengoa) Retained Earnings : $-4,271 Mil (As of Dec. 2020)


View and export this data going back to . Start your Free Trial

What is Abengoa Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Abengoa's retained earnings for the quarter that ended in Dec. 2020 was $-4,271 Mil.

Abengoa's quarterly retained earnings declined from Mar. 2020 ($0 Mil) to Jun. 2020 ($-3,823 Mil) and declined from Jun. 2020 ($-3,823 Mil) to Dec. 2020 ($-4,271 Mil).

Abengoa's annual retained earnings declined from Dec. 2018 ($-4,234 Mil) to Dec. 2019 ($-4,293 Mil) but then increased from Dec. 2019 ($-4,293 Mil) to Dec. 2020 ($-4,271 Mil).


Abengoa Retained Earnings Historical Data

The historical data trend for Abengoa'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.

Abengoa Retained Earnings Chart

Abengoa Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7,565.22 4,936.92 -4,233.57 -4,292.98 -4,270.52

Abengoa Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Dec20
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 - -4,292.98 - -3,823.00 -4,270.52

Abengoa 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.


Abengoa  (OTCPK:ABGOF) 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.


Abengoa (Abengoa) Business Description

Traded in Other Exchanges
N/A
Address
1 Energia Solar Street, Campus Palmas Altas, Sevilla, ESP, 41014
Abengoa SA together with its subsidiaries provides technology solutions for the energy and environment sectors in Spain and rest of Europe, North America, Brazil and the rest of South America, and internationally. The company operates two activities which are Engineering and construction which includes the traditional engineering business in the energy and water sectors; Concession-type infrastructures include the operation of electric energy generation plants, desalination plants, and transmission lines. Engineering and construction generate most of the revenue.

Abengoa (Abengoa) Headlines

No Headlines