Assa Abloy AB (Assa Abloy AB) Retained Earnings

: $7,032 Mil (As of Dec. 2023)

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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Assa Abloy AB's retained earnings for the quarter that ended in Dec. 2023 was $7,032 Mil.

Assa Abloy AB's quarterly retained earnings stayed the same from Jun. 2023 ($0 Mil) to Sep. 2023 ($0 Mil) but then increased from Sep. 2023 ($0 Mil) to Dec. 2023 ($7,032 Mil).

Assa Abloy AB's annual retained earnings increased from Dec. 2021 ($5,974 Mil) to Dec. 2022 ($6,151 Mil) and increased from Dec. 2022 ($6,151 Mil) to Dec. 2023 ($7,032 Mil).

Assa Abloy AB Retained Earnings Historical Data

The historical data trend for Assa Abloy AB'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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Assa Abloy AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

4,491.86

5,623.51

5,973.75

6,150.99

7,031.66

Assa Abloy AB Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Retained Earnings																6,150.99	-	-	-	7,031.66

Assa Abloy AB 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.

Assa Abloy AB (OTCPK:ASAZY) 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.

Assa Abloy AB (Assa Abloy AB) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

ASAZF:USA ASSA B:Sweden ASSABs:UK 0R87:UK ALZC:Germany

Address

Klarabergsviadukten 90, P.O. Box 70340, Stockholm, SWE, SE-107 23

Website

https://www.assaabloy.com

Assa Abloy is the world's largest supplier of locking and physical access solutions, sporting the world's largest installed base of locks that protect some of the most security-sensitive buildings, such as the European Parliament in Brussels. Three quarters of its revenue comes from government, commercial, and other nonresidential customers. The company's product base is centred on electromechanical locks, which require identification to unlock with a keycard, biometric scan, or personal identification number. Assa Abloy's products are sold directly to security systems integrators, locksmiths, hardware stores, and original equipment manufacturers.