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Aeroflot Russian Airlines PJSC (XKAZ:RU_AFLT) Retained Earnings : ₸-1,160,616 Mil (As of Dec. 2023)


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What is Aeroflot Russian Airlines PJSC Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Aeroflot Russian Airlines PJSC's retained earnings for the quarter that ended in Dec. 2023 was ₸-1,160,616 Mil.

Aeroflot Russian Airlines PJSC's quarterly retained earnings increased from Jun. 2023 (₸-1,739,488 Mil) to Sep. 2023 (₸-1,544,781 Mil) and increased from Sep. 2023 (₸-1,544,781 Mil) to Dec. 2023 (₸-1,160,616 Mil).

Aeroflot Russian Airlines PJSC's annual retained earnings declined from Dec. 2021 (₸-990,335 Mil) to Dec. 2022 (₸-1,668,031 Mil) but then increased from Dec. 2022 (₸-1,668,031 Mil) to Dec. 2023 (₸-1,160,616 Mil).


Aeroflot Russian Airlines PJSC Retained Earnings Historical Data

The historical data trend for Aeroflot Russian Airlines PJSC'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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Aeroflot Russian Airlines PJSC Retained Earnings Chart

Aeroflot Russian Airlines PJSC 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 -100,187.05 -763,996.84 -990,335.41 -1,668,030.67 -1,160,615.83

Aeroflot Russian Airlines PJSC Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 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 - -1,668,030.67 -1,739,488.09 -1,544,781.17 -1,160,615.83

Aeroflot Russian Airlines PJSC 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.


Aeroflot Russian Airlines PJSC  (XKAZ:RU_AFLT) 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.


Aeroflot Russian Airlines PJSC (XKAZ:RU_AFLT) Business Description

Traded in Other Exchanges
Address
1, Arbat Street, Moscow, RUS, 119019
Aeroflot Russian Airlines PJSC is Russia's largest airline group, and accounts for approximately one third of Russia's air-travel market. It provides scheduled and chartered flights. Passengers may buy tickets through websites, online booking systems, sales offices, and authorized agents. Domestic routes throughout Russia comprise the majority of total passengers. Additionally, it provides international routes to many different regions. The company's lone operating segment is passenger traffic. Outside of Russia, Europe books the next-highest number of passengers at around one fifth the total amount. The Russian Federation owns roughly half of the company.

Aeroflot Russian Airlines PJSC (XKAZ:RU_AFLT) Headlines

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