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Azimut Holding SPA (Azimut Holding SPA) Retained Earnings : $474 Mil (As of Dec. 2023)


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What is Azimut Holding SPA Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Azimut Holding SPA's retained earnings for the quarter that ended in Dec. 2023 was $474 Mil.

Azimut Holding SPA's quarterly retained earnings increased from Jun. 2023 ($241 Mil) to Sep. 2023 ($363 Mil) and increased from Sep. 2023 ($363 Mil) to Dec. 2023 ($474 Mil).

Azimut Holding SPA's annual retained earnings declined from Dec. 2021 ($684 Mil) to Dec. 2022 ($426 Mil) but then increased from Dec. 2022 ($426 Mil) to Dec. 2023 ($474 Mil).


Azimut Holding SPA Retained Earnings Historical Data

The historical data trend for Azimut Holding SPA'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.

* Premium members only.

Azimut Holding SPA Retained Earnings Chart

Azimut Holding SPA 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 411.12 464.34 684.13 426.24 473.90

Azimut Holding SPA Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 426.24 107.81 241.42 363.47 473.90

Azimut Holding SPA 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.


Azimut Holding SPA  (OTCPK:AZIHF) 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.


Azimut Holding SPA (Azimut Holding SPA) Business Description

Traded in Other Exchanges
Address
Via Cusani 4, Milan, ITA, 20121
Azimut Holding SPA is a large independent asset management firm operating primarily in Italy but with an increasingly global presence. In Italy, its capital management division sells and manages Italian mutual funds, Italian hedge funds, and is active in the discretionary management of individual investment portfolios. Its international business operations involve the sale, management, and distribution of financial and insurance products. Its portfolio solutions encompass a broad array of strategies that cut across various traditional and alternative asset classes. A majority of its revenue is derived from recurring fees from assets under management.

Azimut Holding SPA (Azimut Holding SPA) Headlines

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