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Metisa Metalurgica Timboense (BSP:MTSA3) Retained Earnings : R$0.0 Mil (As of Dec. 2023)


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What is Metisa Metalurgica Timboense Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Metisa Metalurgica Timboense's retained earnings for the quarter that ended in Dec. 2023 was R$0.0 Mil.

Metisa Metalurgica Timboense's quarterly retained earnings increased from Jun. 2023 (R$34.5 Mil) to Sep. 2023 (R$48.6 Mil) but then declined from Sep. 2023 (R$48.6 Mil) to Dec. 2023 (R$0.0 Mil).


Metisa Metalurgica Timboense Retained Earnings Historical Data

The historical data trend for Metisa Metalurgica Timboense'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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Metisa Metalurgica Timboense Retained Earnings Chart

Metisa Metalurgica Timboense Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
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Metisa Metalurgica Timboense 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 - 16.50 34.55 48.56 -

Metisa Metalurgica Timboense 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.


Metisa Metalurgica Timboense  (BSP:MTSA3) 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.


Metisa Metalurgica Timboense (BSP:MTSA3) Business Description

Traded in Other Exchanges
Address
Rua Fritz Lorenz, 2442, Distrito Industrial - PO Box: 11, Timbo, SC, BRA, 89120000
Metisa Metalurgica Timboense SA manufactures and markets steel parts for industrial and agricultural equipment. Its products include parts for agricultural equipment, tractors, railways, blades for the construction sector, and hand tools, among others. It offers agricultural disc blades and implements for a range of equipment, including sugar-alcohol sector; stone saw blades; blades and edges, teeth, adapters and tips, track shoes, and grouser bars for tractors, bulldozers, scrapers, excavators, earth movers, motor graders; and railroad accessories, such as tie plates, joint bars, metallic cores, and steel sleepers for the construction of permanent ways. The company also provides hand tools comprising shovels, spades, picks, post hole diggers, and hoes.

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