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Aker Carbon Capture ASA (LTS:0ZCB) Retained Earnings : kr-612 Mil (As of Dec. 2023)


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What is Aker Carbon Capture ASA Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Aker Carbon Capture ASA's retained earnings for the quarter that ended in Dec. 2023 was kr-612 Mil.

Aker Carbon Capture ASA's quarterly retained earnings increased from Jun. 2023 (kr-537 Mil) to Sep. 2023 (kr0 Mil) but then declined from Sep. 2023 (kr0 Mil) to Dec. 2023 (kr-612 Mil).

Aker Carbon Capture ASA's annual retained earnings declined from Dec. 2021 (kr-237 Mil) to Dec. 2022 (kr-441 Mil) and declined from Dec. 2022 (kr-441 Mil) to Dec. 2023 (kr-612 Mil).


Aker Carbon Capture ASA Retained Earnings Historical Data

The historical data trend for Aker Carbon Capture ASA'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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Aker Carbon Capture ASA Retained Earnings Chart

Aker Carbon Capture ASA Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Retained Earnings
-44.46 -236.76 -440.83 -611.65

Aker Carbon Capture ASA Quarterly Data
Jul20 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 -440.83 - -536.59 - -611.65

Aker Carbon Capture ASA 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.


Aker Carbon Capture ASA  (LTS:0ZCB) 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.


Aker Carbon Capture ASA (LTS:0ZCB) Business Description

Traded in Other Exchanges
Address
Oksenoyveien 8, Lysaker, Baerum, NOR, 1366
Aker Carbon Capture ASA is a carbon capture technology provider. The company's proprietary carbon capture process uses a mixture of water and organic amine solvents to absorb the CO2. This process can be applied to emissions from various sources, from gas, coal, cement, refineries, and waste-to-energy through to hydrogen and other process industries. Its products and services include Just Catch, Offshore Just Catch, Big Catch, Mobile Test Unit - Rental service, CO2 for Enhanced Oil Recovery (EOR), and Storage Practice.

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