Jumbo (LTS:0LRI) Retained Earnings : €942 Mil (As of Jun. 2023)

View and export this data going back to 2007. Start your Free Trial

What is Jumbo Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Jumbo's retained earnings for the quarter that ended in Jun. 2023 was €942 Mil.

Jumbo's quarterly retained earnings increased from Jun. 2022 (€665 Mil) to Dec. 2022 (€835 Mil) and increased from Dec. 2022 (€835 Mil) to Jun. 2023 (€942 Mil).

Jumbo's annual retained earnings increased from Dec. 2020 (€603 Mil) to Dec. 2021 (€705 Mil) and increased from Dec. 2021 (€705 Mil) to Dec. 2022 (€835 Mil).

Jumbo Retained Earnings Historical Data

The historical data trend for Jumbo'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.

Jumbo Retained Earnings Chart

Jumbo Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Dec20

Dec21

Dec22

Retained Earnings

Get a 7-Day Free Trial

430.97

504.01

603.28

704.83

835.44

Jumbo Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Retained Earnings	Get a 7-Day Free Trial															555.46	704.83	665.39	835.44	941.88

Jumbo 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.

Jumbo (LTS:0LRI) 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.

Jumbo (LTS:0LRI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Jumbo SA (LTS:0LRI) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

JUMSY:USA BELA:Greece 5JB:Germany

Address

9 Cyprus and Hydras street, Moschato, Attikis, Athens, GRC, 183 46

Website

https://www.e-jumbo.gr

Jumbo is a Greek retailer of toys, giftware, household products, and stationery. The company operates stores across Greece, Cyprus, Bulgaria, and Romania under the Jumbo brand name, in addition to the e-jumbo online store. The company derives the majority of its revenue domestically. Jumbo reports its sales across seven product types: toys, baby products, stationery, seasonal, home products, haberdashery and similar items, and other. The three most significant product types--home products, seasonal, and toys--collectively contribute the vast majority of revenue, followed by stationery and baby products.

Jumbo (LTS:0LRI) Headlines

No Headlines