Monbat AD (XBUL:MONB) Retained Earnings : лв81.1 Mil (As of Sep. 2023)

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What is Monbat AD Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Monbat AD's retained earnings for the quarter that ended in Sep. 2023 was лв81.1 Mil.

Monbat AD's quarterly retained earnings declined from Mar. 2023 (лв83.4 Mil) to Jun. 2023 (лв77.9 Mil) but then increased from Jun. 2023 (лв77.9 Mil) to Sep. 2023 (лв81.1 Mil).

Monbat AD's annual retained earnings declined from Dec. 2020 (лв80.5 Mil) to Dec. 2021 (лв76.5 Mil) but then increased from Dec. 2021 (лв76.5 Mil) to Dec. 2022 (лв77.0 Mil).

Monbat AD Retained Earnings Historical Data

The historical data trend for Monbat AD'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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Monbat AD Retained Earnings Chart

Monbat AD Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Retained Earnings

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71.38

79.25

80.54

76.53

76.97

Monbat AD Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Retained Earnings	Get a 7-Day Free Trial															80.66	76.97	83.43	77.93	81.15

Monbat AD 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.

Monbat AD (XBUL:MONB) 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.

Monbat AD (XBUL:MONB) Business Description

Industry

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Address

32 A Cherni vrah boulevard, Floor 4, Sofia, BGR, 1407

Website

https://www.monbatgroup.com

Monbat AD is a Bulgaria-based company engaged in the production and maintenance of and sale of batteries; engineering and development activity; production and trade of equipment used in battery manufacturing; domestic and foreign trade and establishment of commercial networks; specialized stores and representative offices; recycling of lead and lead containing alloys. The company's product range includes starter batteries, stationary batteries, deep cycle batteries, and leisure batteries, special batteries for military applications and locomotive batteries. Additionally, it is also involved in the production of light emitting diode (LED) lighting. The company operates geographically across Bulgaria, Serbia, Romania, Nigeria, and others.

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