Varta AG (XTER:VAR1) Retained Earnings : €-171.2 Mil (As of Sep. 2023)

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What is Varta AG Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Varta AG's retained earnings for the quarter that ended in Sep. 2023 was €-171.2 Mil.

Varta AG's quarterly retained earnings declined from Mar. 2023 (€-94.3 Mil) to Jun. 2023 (€-166.3 Mil) and declined from Jun. 2023 (€-166.3 Mil) to Sep. 2023 (€-171.2 Mil).

Varta AG's annual retained earnings increased from Dec. 2020 (€209.8 Mil) to Dec. 2021 (€237.0 Mil) but then declined from Dec. 2021 (€237.0 Mil) to Dec. 2022 (€-56.4 Mil).

Varta AG Retained Earnings Historical Data

The historical data trend for Varta 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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Varta AG Retained Earnings Chart

Varta AG Annual Data

Trend

Dec09

Dec10

Dec11

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Retained Earnings

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66.89

119.09

209.83

236.97

-56.39

Varta AG 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															123.97	-56.39	-94.28	-166.30	-171.19

Varta 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.

Varta AG (XTER:VAR1) 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.

Varta AG (XTER:VAR1) Business Description

Industry

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VARTY:USA 1VAR:Italy 0GYQ:UK VAR1:Austria

Address

VARTA-Platz 1, Ellwangen, BW, DEU, 73479

Website

https://www.varta-ag.com

Varta AG manufactures and markets a wide range of industrial, commercial, and miniaturized batteries for equipment and devices. It operates in five reportable business segments: Micro Batteries, Lithium-Ion CoinPower, Consumer Batteries, Energy Storage Systems, and Others. The company generates the majority of its revenue from the Consumer Batteries segment which comprises the product categories of household comprises the product categories of household batteries, rechargeable batteries, chargers, portable power (power banks), and lights.

Executives

Rainer Hald	Board of Directors
Martin Ohneberg	Supervisory Board
Ddr. Michael Tojner	Supervisory Board
Dr. Markus Hackstein	Board of Directors
Dr. Michael Pistauer	Supervisory Board
Herbert Schein	Board of Directors
Armin Hessenberger	Board of Directors

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