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LG Electronics (STU:LGLG) Retained Earnings : €11,390 Mil (As of Dec. 2023)


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What is LG Electronics Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. LG Electronics's retained earnings for the quarter that ended in Dec. 2023 was €11,390 Mil.

LG Electronics's quarterly retained earnings increased from Jun. 2023 (€11,599 Mil) to Sep. 2023 (€11,767 Mil) but then declined from Sep. 2023 (€11,767 Mil) to Dec. 2023 (€11,390 Mil).

LG Electronics's annual retained earnings increased from Dec. 2021 (€10,790 Mil) to Dec. 2022 (€11,555 Mil) but then declined from Dec. 2022 (€11,555 Mil) to Dec. 2023 (€11,390 Mil).


LG Electronics Retained Earnings Historical Data

The historical data trend for LG Electronics'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.

LG Electronics Retained Earnings Chart

LG Electronics 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 9,084.47 10,260.34 10,789.65 11,555.15 11,389.74

LG Electronics 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 11,555.15 11,500.48 11,598.66 11,766.78 11,389.74

LG Electronics 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.


LG Electronics  (STU:LGLG) 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.


LG Electronics (STU:LGLG) Business Description

Traded in Other Exchanges
Address
Twin Tower 128, Yeoui-daero, Yeongdeungpo-gu, Seoul, KOR, 07336
LG Electronics Inc is a South Korea-based company that produces a broad range of electronic products. Its businesses are the home entertainment segment, which produces and sells TVs and digital media products; the mobile communications segment, which produces and sells mobile communications equipment; the home appliance and air solutions segment, which produces and sells washing machines, refrigerators, and other products; the vehicle components segment, which designs and produces vehicle parts; the business solutions segment, which manufactures and sells PCs, solar panels, and other products; and Innotek, which sells substrates, sensors, and other items. The company generates the majority of total revenue from the home entertainment and home appliance and air solutions segments.

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