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Scandinavian Medical Solutions AS (OCSE:SMSMED) Retained Earnings : kr76.2 Mil (As of Mar. 2024)


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What is Scandinavian Medical Solutions AS Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Scandinavian Medical Solutions AS's retained earnings for the quarter that ended in Mar. 2024 was kr76.2 Mil.

Scandinavian Medical Solutions AS's quarterly retained earnings increased from Mar. 2023 (kr70.6 Mil) to Sep. 2023 (kr73.4 Mil) and increased from Sep. 2023 (kr73.4 Mil) to Mar. 2024 (kr76.2 Mil).

Scandinavian Medical Solutions AS's annual retained earnings increased from Sep. 2021 (kr23.3 Mil) to Sep. 2022 (kr61.1 Mil) and increased from Sep. 2022 (kr61.1 Mil) to Sep. 2023 (kr73.4 Mil).


Scandinavian Medical Solutions AS Retained Earnings Historical Data

The historical data trend for Scandinavian Medical Solutions AS'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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Scandinavian Medical Solutions AS Retained Earnings Chart

Scandinavian Medical Solutions AS Annual Data
Trend Sep19 Sep20 Sep21 Sep22 Sep23
Retained Earnings
3.04 4.78 23.26 61.10 73.36

Scandinavian Medical Solutions AS Semi-Annual Data
Sep19 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Retained Earnings Get a 7-Day Free Trial Premium Member Only 54.27 61.10 70.62 73.36 76.23

Scandinavian Medical Solutions AS 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.


Scandinavian Medical Solutions AS  (OCSE:SMSMED) 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.


Scandinavian Medical Solutions AS (OCSE:SMSMED) Business Description

Traded in Other Exchanges
Address
Gasvaerksvej 46. 1.Sal, Aalborg, DNK, DK-9000
Scandinavian Medical Solutions AS is engaged in offering pre-owned medical imaging equipment and innovative healthcare solutions. The product portfolio of Cath Lab, X-Ray, MRI, Mammography, Ultrasound, and Mobile X-Ray among others.

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