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Linz Textil Holding AG (WBO:LTH) Retained Earnings : €74.99 Mil (As of Dec. 2023)


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What is Linz Textil Holding AG Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Linz Textil Holding AG's retained earnings for the quarter that ended in Dec. 2023 was €74.99 Mil.

Linz Textil Holding AG's quarterly retained earnings declined from Dec. 2022 (€72.51 Mil) to Jun. 2023 (€71.14 Mil) but then increased from Jun. 2023 (€71.14 Mil) to Dec. 2023 (€74.99 Mil).

Linz Textil Holding AG's annual retained earnings declined from Dec. 2021 (€77.67 Mil) to Dec. 2022 (€72.51 Mil) but then increased from Dec. 2022 (€72.51 Mil) to Dec. 2023 (€74.99 Mil).


Linz Textil Holding AG Retained Earnings Historical Data

The historical data trend for Linz Textil Holding AG'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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Linz Textil Holding AG Retained Earnings Chart

Linz Textil Holding AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 80.07 77.11 77.67 72.51 74.99

Linz Textil Holding AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 77.67 71.03 72.51 71.14 74.99

Linz Textil Holding AG 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.


Linz Textil Holding AG  (WBO:LTH) 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.


Linz Textil Holding AG (WBO:LTH) Business Description

Traded in Other Exchanges
N/A
Address
Wiener Strasse 435, Linz, AUT, A-4030
Linz Textil Holding AG is an Austria based company, engages in the manufacture, and sale of textile products. It operates through the Textile Semis and Finished Textile Products business segments. The Textile Semis segment comprises of the yard and grey fabrics. The Finished Textile Products offers yarns, technical fabrics, home textiles, and clothing fabrics. It offers products in the fields of textile, weaving, technical fabrics, and yarns.