Piraeus Port Authority (ATH:PPA) Retained Earnings : €220.1 Mil (As of Dec. 2023)

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What is Piraeus Port Authority Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Piraeus Port Authority's retained earnings for the quarter that ended in Dec. 2023 was €220.1 Mil.

Piraeus Port Authority's quarterly retained earnings increased from Dec. 2022 (€179.5 Mil) to Jun. 2023 (€218.3 Mil) and increased from Jun. 2023 (€218.3 Mil) to Dec. 2023 (€220.1 Mil).

Piraeus Port Authority's annual retained earnings increased from Dec. 2021 (€141.9 Mil) to Dec. 2022 (€179.5 Mil) and increased from Dec. 2022 (€179.5 Mil) to Dec. 2023 (€220.1 Mil).

Piraeus Port Authority Retained Earnings Historical Data

The historical data trend for Piraeus Port Authority'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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Piraeus Port Authority Retained Earnings Chart

Piraeus Port Authority Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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105.54

117.05

141.95

179.54

220.12

Piraeus Port Authority Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Retained Earnings	Get a 7-Day Free Trial															141.95	167.85	179.54	218.29	220.12

Piraeus Port Authority 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.

Piraeus Port Authority (ATH:PPA) 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.

Piraeus Port Authority (ATH:PPA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Piraeus Port Authority SA (ATH:PPA) » Definitions » Retained Earnings

Traded in Other Exchanges

PZE:Germany

Address

10 Akti Miaouli street, Piraeus, GRC, 18538

Website

https://www.olp.gr

Piraeus Port Authority SA is engaged in the management and operation of Piraeus port. The main activities of the company are anchoring services of vessels, handling cargo, loading and unloading services as well as goods storage and car transportation. The company is also responsible for the maintenance of port facilities, the supply of port services (water, electricity, telephone connection, and supply), for services provided to travelers (coastal and cruise ships), and for renting space to third parties. Business operating segments include Container Terminal, Car Terminal, Coasting, Cruise, Ship repairing, and Other segments which include water supply, space management, and merchandise management. Substantial revenue is derived from the Container Terminal segment.