Bic (BICEF) Retained Earnings : $1,966 Mil (As of Jun. 2024)

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What is Bic Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Bic's retained earnings for the quarter that ended in Jun. 2024 was $1,966 Mil.

Bic's quarterly retained earnings increased from Jun. 2023 ($1,996 Mil) to Dec. 2023 ($2,009 Mil) but then declined from Dec. 2023 ($2,009 Mil) to Jun. 2024 ($1,966 Mil).

Bic's annual retained earnings declined from Dec. 2021 ($2,057 Mil) to Dec. 2022 ($1,845 Mil) but then increased from Dec. 2022 ($1,845 Mil) to Dec. 2023 ($2,009 Mil).

Bic Retained Earnings Historical Data

The historical data trend for Bic'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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Bic Retained Earnings Chart

Bic Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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1,972.52

2,056.83

1,844.76

2,008.52

Bic Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Retained Earnings	Get a 7-Day Free Trial															1,948.42	1,844.76	1,995.64	2,008.52	1,965.83

Bic 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.

Bic (OTCPK:BICEF) 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.

Bic Business Description

Industry

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BICEY:USA BBp:UK 0MGP:UK BB:France BIF:Germany

Address

12 Boulevard Victor Hugo, Clichy Cedex, Paris, FRA, 92110

Website

https://www.bic.com

Bic SA Bic SA manufactures and markets writing instruments lighters shavers advertising and promotional products in France and globally. The company offers its products through various channels stationery stores office supplies companies convenience stores distributors wholesalers cash and carry stores and e-commerce. Its products include BIC 3 BIC Comfort 3 BIC EasyHybrid 3blade BIC Flex range BIC Flex Hybrid range BIC Pure 3 Lady BIC Soleil and Others. By net sales, the majority of the market is in North America followed by Europe and the developing markets of the Middle East Africa Latin America, and Asia.