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Cargotec Oyj (Cargotec Oyj) Retained Earnings : $1,760 Mil (As of Dec. 2023)


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What is Cargotec Oyj Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Cargotec Oyj's retained earnings for the quarter that ended in Dec. 2023 was $1,760 Mil.

Cargotec Oyj's quarterly retained earnings increased from Jun. 2023 ($1,569 Mil) to Sep. 2023 ($1,663 Mil) and increased from Sep. 2023 ($1,663 Mil) to Dec. 2023 ($1,760 Mil).

Cargotec Oyj's annual retained earnings declined from Dec. 2021 ($1,559 Mil) to Dec. 2022 ($1,430 Mil) but then increased from Dec. 2022 ($1,430 Mil) to Dec. 2023 ($1,760 Mil).


Cargotec Oyj Retained Earnings Historical Data

The historical data trend for Cargotec Oyj'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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Cargotec Oyj Retained Earnings Chart

Cargotec Oyj 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 1,385.67 1,442.34 1,559.44 1,430.09 1,759.65

Cargotec Oyj 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 1,430.09 1,432.23 1,569.12 1,662.86 1,759.65

Cargotec Oyj 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.


Cargotec Oyj  (OTCPK:CYJBF) 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.


Cargotec Oyj (Cargotec Oyj) Business Description

Traded in Other Exchanges
Address
Porkkalankatu 5, Helsinki, FIN, 00180
Cargotec Oyj provides cargo and load handling solutions. Its product portfolio consists of a wide range of handling equipment and solutions, including services for terminals and distribution centers, spare parts for on-road delivery, and systems for handling marine cargo. Mobile equipment mixed with automation and energy-efficient offerings helps customers integrate different handling processes. Cargotec operates three business segments: Kalmar, Hiab, and MacGregor. The majority of sales derive from distributing products, but a global network offers services and components. Customers range from small businesses to large national organizations. The company has established customer relationships in Europe/Middle East/Africa, Asia-Pacific, and the Americas.

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