IRCE SpA (MIL:IRC) Retained Earnings : €78.5 Mil (As of Dec. 2023)

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What is IRCE SpA Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. IRCE SpA's retained earnings for the quarter that ended in Dec. 2023 was €78.5 Mil.

IRCE SpA's quarterly retained earnings increased from Jun. 2023 (€21.8 Mil) to Sep. 2023 (€23.4 Mil) and increased from Sep. 2023 (€23.4 Mil) to Dec. 2023 (€78.5 Mil).

IRCE SpA's annual retained earnings increased from Dec. 2021 (€64.0 Mil) to Dec. 2022 (€71.9 Mil) and increased from Dec. 2022 (€71.9 Mil) to Dec. 2023 (€78.5 Mil).

IRCE SpA Retained Earnings Historical Data

The historical data trend for IRCE 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.

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IRCE SpA Retained Earnings Chart

IRCE SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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11.63

10.75

63.99

71.90

78.53

IRCE 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															71.90	25.17	21.75	23.36	78.53

IRCE 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.

IRCE SpA (MIL:IRC) 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.

IRCE SpA (MIL:IRC) Business Description

Industry

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IRQ:Germany

Address

Via Lasie 12/A, Imola, ITA, 40026

Website

https://www.irce.it

IRCE SpA is an Italy-based company engaged in the manufacturing of its core activities through its segments namely the Winding wires segment and Cables segment. The Winding wire segment consists of the manufacturing of electric motors and generators, transformers, relays, and solenoid valves whereas the Cable segment includes energy and data cables that are supplied to industries like construction, civil and industrial engineering, and electoral devices for consumable durable goods. It generates the majority of its revenue from the winding wires segment. The company products include Enamelled copper and aluminum round wire, Copper and aluminum rectangular wire, Medium Voltage Cables, and others. The company's geographical segments are Italy, the European Union, and Non-European Union.

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