Tomra Systems ASA (STU:TMRA) Retained Earnings

: €484 Mil (As of Dec. 2023)

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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Tomra Systems ASA's retained earnings for the quarter that ended in Dec. 2023 was €484 Mil.

Tomra Systems ASA's quarterly retained earnings increased from Jun. 2023 (€364 Mil) to Sep. 2023 (€387 Mil) and increased from Sep. 2023 (€387 Mil) to Dec. 2023 (€484 Mil).

Tomra Systems ASA's annual retained earnings increased from Dec. 2021 (€485 Mil) to Dec. 2022 (€508 Mil) but then declined from Dec. 2022 (€508 Mil) to Dec. 2023 (€484 Mil).

Tomra Systems ASA Retained Earnings Historical Data

The historical data trend for Tomra Systems 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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Tomra Systems ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

399.99

411.85

485.50

507.72

484.35

Tomra Systems ASA Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Retained Earnings																507.72	384.39	363.87	387.22	484.35

Tomra Systems 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.

Tomra Systems ASA (STU:TMRA) 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.

Tomra Systems ASA (STU:TMRA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Tomra Systems ASA (STU:TMRA) » Definitions » Retained Earnings

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Traded in Other Exchanges

TMRAY:USA TMRAF:USA TOMo:Sweden TOM:Norway 0KV7:UK TMRA:Germany

Address

Drengsrudhagen 2, Asker, NOR, 1385

Website

https://www.tomra.com

Tomra Systems ASA provides sorting and recycling solutions to better equip customers for handling waste. It operates two primary business segments: collection solutions (a majority of revenue) and sorting solutions. The company produces, sells, and services automated recycling systems, including data administration systems that monitor the volume of collected materials. It manufactures reverse vending machines to collect empty beverage containers. The empty beverage containers are gathered and processed into reusable molds. Tomra services the machines and provides replacement parts to ensure optimal performance. Food sorting solutions inspect individual pieces and stop resources from going to waste. The majority of revenue comes from customers in Europe, North America and Rest of World.

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