Kruk (WAR:KRU) Retained Earnings : zł3,622 Mil (As of Mar. 2024)

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What is Kruk Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Kruk's retained earnings for the quarter that ended in Mar. 2024 was zł3,622 Mil.

Kruk's quarterly retained earnings increased from Sep. 2023 (zł3,056 Mil) to Dec. 2023 (zł3,283 Mil) and increased from Dec. 2023 (zł3,283 Mil) to Mar. 2024 (zł3,622 Mil).

Kruk's annual retained earnings increased from Dec. 2021 (zł2,033 Mil) to Dec. 2022 (zł2,589 Mil) and increased from Dec. 2022 (zł2,589 Mil) to Dec. 2023 (zł3,283 Mil).

Kruk Retained Earnings Historical Data

The historical data trend for Kruk'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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Kruk Retained Earnings Chart

Kruk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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1,557.82

1,544.13

2,032.75

2,589.07

3,283.22

Kruk 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															2,823.47	2,827.33	3,056.12	3,283.22	3,621.55

Kruk 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.

Kruk (WAR:KRU) 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.

Kruk (WAR:KRU) Business Description

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0Q3Y:UK

Address

ul. Wolowska 8, Wroclaw, POL, 51-116

Website

https://www.pl.kruk.eu

Kruk SA is the leader in the debt collection industry. It manages debts purchased on its own account and contracted by third parties. The group manages bank debt (the main client category), debts owed to loan brokers, insurance companies, leasing firms, fixed-line and mobile phone operators, cable TV companies, digital TV platforms and FMCG companies. It operates in three segments consumer debts, mortgage debts and corporate debts. Consumer debts include retail and unsecured. Mortgage debts include retail, and secured. Corporate debts include mortgage-backed and non-mortgage-backed. Aside from Poland, Kruk is present in Romania, the Czech Republic, Slovakia, Germany, Spain and Italy.

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