SCOR SE (XTER:SDRC) Retained Earnings : €812 Mil (As of Dec. 2023)

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What is SCOR SE Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. SCOR SE's retained earnings for the quarter that ended in Dec. 2023 was €812 Mil.

SCOR SE's quarterly retained earnings increased from Dec. 2022 (€-1,383 Mil) to Jun. 2023 (€502 Mil) and increased from Jun. 2023 (€502 Mil) to Dec. 2023 (€812 Mil).

SCOR SE's annual retained earnings declined from Dec. 2021 (€456 Mil) to Dec. 2022 (€-1,383 Mil) but then increased from Dec. 2022 (€-1,383 Mil) to Dec. 2023 (€812 Mil).

SCOR SE Retained Earnings Historical Data

The historical data trend for SCOR SE'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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SCOR SE Retained Earnings Chart

SCOR SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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422.00

234.00

456.00

-1,383.00

812.00

SCOR SE 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															456.00	-239.00	-1,383.00	502.00	812.00

SCOR SE 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.

SCOR SE (XTER:SDRC) 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.

SCOR SE (XTER:SDRC) Business Description

Industry

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SCRYY:USA SCRp:UK 0IT3:UK SCR:France SDRB:Germany SCR:Switzerland

Address

5, avenue Kleber, Paris, FRA, 75116

Website

https://www.scor.com

Scor is the world's fifth-largest reinsurer selling non-life and life reinsurance. Scor global life insurers life insurance and annuities. In its co-insurance agreements Scor shares in premiums and claims of life insurance contracts that have been sold by a primary insurer. In its excess of loss agreements, Scor reimburses a primary insurer for claims that are filed above an agreed amount. Scor also sells property and casualty reinsurance in co-insurance and excess of loss. Historically Scor has been better in specialist lines and not as good in lines where there is a large potential for loss. Having recently grown in natural catastrophe book, standards of underwriting have not been good. The business has subsequently decided to move back to its historical roots.