Loomis AB (Loomis AB) Retained Earnings : $603 Mil (As of Mar. 2024)

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What is Loomis AB Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Loomis AB's retained earnings for the quarter that ended in Mar. 2024 was $603 Mil.

Loomis AB's quarterly retained earnings declined from Sep. 2023 ($598 Mil) to Dec. 2023 ($574 Mil) but then increased from Dec. 2023 ($574 Mil) to Mar. 2024 ($603 Mil).

Loomis AB's annual retained earnings increased from Dec. 2021 ($462 Mil) to Dec. 2022 ($518 Mil) and increased from Dec. 2022 ($518 Mil) to Dec. 2023 ($574 Mil).

Loomis AB Retained Earnings Historical Data

The historical data trend for Loomis 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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Loomis AB Retained Earnings Chart

Loomis AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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334.80

413.48

461.96

517.63

573.62

Loomis 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															545.33	574.89	597.94	573.62	602.90

Loomis 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.

Loomis AB (OTCPK:LOIMF) 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.

Loomis AB (Loomis AB) Business Description

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LOOMIS:Sweden 0JYZ:UK K900:Germany

Address

Drottninggatan 82, 4th floor, P.O Box 702, Stockholm, SWE, 111 36

Website

https://www.loomis.com

Loomis AB is a Sweden-based company primarily engaged in cash handling services, which include cash in transit, or CIT, and cash management services, or CMS. CIT involves transporting cash to and from stores, banks and ATMs. CMS involves moving cash from customers to Loomis' cash centers where Loomis counts and packages bills and coins with quality assurance. CMS also involves cash flow analyzing, forecasting, and reporting, as well as other customized solutions. Besides CIT and CMS, Loomis also provides cross-border transportation services and general cargo services. Its segments are Europe, the United States, and Loomis Pay.