GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Agilyx ASA (OTCPK:AGXXF) » Definitions » Retained Earnings

Agilyx ASA (Agilyx ASA) Retained Earnings : $41.35 Mil (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Agilyx ASA Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Agilyx ASA's retained earnings for the quarter that ended in Dec. 2023 was $41.35 Mil.

Agilyx ASA's quarterly retained earnings declined from Dec. 2022 ($-56.13 Mil) to Jun. 2023 ($-66.31 Mil) but then increased from Jun. 2023 ($-66.31 Mil) to Dec. 2023 ($41.35 Mil).

Agilyx ASA's annual retained earnings declined from Dec. 2021 ($-34.12 Mil) to Dec. 2022 ($-56.13 Mil) but then increased from Dec. 2022 ($-56.13 Mil) to Dec. 2023 ($41.35 Mil).

Agilyx ASA Retained Earnings Historical Data

The historical data trend for Agilyx 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.

* Premium members only.

Agilyx ASA Retained Earnings Chart

Agilyx ASA Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
- -51.38 -34.12 -56.13 41.35

Agilyx ASA Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Retained Earnings Get a 7-Day Free Trial -34.12 -42.94 -56.13 -66.31 41.35

Agilyx 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.

Agilyx ASA  (OTCPK:AGXXF) 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.

Agilyx ASA (Agilyx ASA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Agilyx ASA (OTCPK:AGXXF) » Definitions » Retained Earnings
Comparable Companies
OSL:WPU OSL:CAMBI OSL:QFUEL OSL:PRYME OSL:VGM WM RSG WCN XPAR:VIE GFL CLH XMAD:FCC CWST SHSE:603568 SZSE:002340 SRCL ASX:CWY SZSE:300070 OSL:TOM HKSE:00257
Traded in Other Exchanges
AGLX:Norway 5NQ:Germany
Address
13240 SW Wall Street, Tigard, NOR, Oregon
Website
https://www.agilyx.com
Agilyx ASA is a developer of conversion technologies across the value chain intended to offer two molecular recycling product pathways enabling a circular economy for polystyrene and polymethyl methacrylate. The company offers waste sourcing and processing, thereby helping the entire plastic recycling market to convert recycled waste plastics into valuable resources such as oils and chemical substrate products.