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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Neonode's retained earnings for the quarter that ended in Dec. 2023 was $-217.61 Mil.
Neonode's quarterly retained earnings declined from Jun. 2023 ($-210.42 Mil) to Sep. 2023 ($-211.69 Mil) and declined from Sep. 2023 ($-211.69 Mil) to Dec. 2023 ($-217.61 Mil).
Neonode's annual retained earnings declined from Dec. 2021 ($-202.61 Mil) to Dec. 2022 ($-207.49 Mil) and declined from Dec. 2022 ($-207.49 Mil) to Dec. 2023 ($-217.61 Mil).
The historical data trend for Neonode'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.
Neonode Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Retained Earnings | Get a 7-Day Free Trial | -190.52 | -196.16 | -202.61 | -207.49 | -217.61 |
Neonode 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 | -207.49 | -208.92 | -210.42 | -211.69 | -217.61 |
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.
Neonode (NAS:NEON) 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.
Cecilia Edstrom | director | KARLAVAGEN 100, STOCKHOLM V7 115 26 |
Fredrik Nihlen | officer: Chief Financial Officer | C/O NEONODE, INC.,. 100 KARLAVAGEN, STOCKHOLM V7 115 26 |
Urban Forssell | officer: Chief Executive Officer | C/O NEONODE, STORGATAN 23C, STOCKHOLM V7 11455 |
Mattias Bergman | director | C/O NEONODE, INC., STORGATAN 23C, STOCKHOLM V7 114 55 |
Ek Maria Anne-lee Charlotte | officer: Chief Financial Officer | C/O NEONODE, INC., STORGATAN 23C, STOCKHOLM V7 114 55 |
Ulf Rosberg | director | FAFNERVAEGEN 2, DJURSHOLM V7 18266 |
Hakan Persson | officer: Chief Executive Officer | C/O NEONODE INC., STORGATAN 23C, STOCKHOLM V7 114 55 |
Andreas Bunge | director | DRAGARSTIGEN 3, SALTSJOBADEN V7 133 36 |
Peter Lindell | 10 percent owner | LILLA ERSTAGATAN 6, STOCKHOLM V7 116 28 |
Lars, Goran Lindqvist | director | ZUGERSTRASSE 20, UNTERAEGERI V8 6314 |
Asa Hedin | director | MORABERGSVAGEN 27, SALTSJOBADEN V7 133 33 |
Per Eriksson | director | VILDVINSVAGEN 5, SALTSJOBADEN V7 S-133 36 |
Bjorn Thomas Eriksson | officer: Vice President | STORANGSSTIGEN 15 C, STOCKSUND V7 18274 |
Mats Dahlin | director | LORETOHOHE 1, ZUG V8 6300 |
Bystedt Per Ivar Gosta | director | DJURGARDSVAGEN 144, STOCKHOLM V7 SE 115 21 |
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