Rompetrol Rafinare (BSE:RRC) Retained Earnings: lei-5,280 Mil (As of Sep. 2023)

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What is Rompetrol Rafinare Retained Earnings?

Rompetrol Rafinare BSE:RRC +0.58% Retained Earnings is lei-5,280 Mil as of Sep. 2023.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Rompetrol Rafinare's retained earnings for the quarter that ended in Sep. 2023 was lei-5,280 Mil.

Rompetrol Rafinare's quarterly retained earnings declined from Mar. 2023 (lei-5,197 Mil) to Jun. 2023 (lei-5,421 Mil) but then increased from Jun. 2023 (lei-5,421 Mil) to Sep. 2023 (lei-5,280 Mil).

Rompetrol Rafinare's annual retained earnings increased from Dec. 2020 (lei-7,751 Mil) to Dec. 2021 (lei-5,898 Mil) and increased from Dec. 2021 (lei-5,898 Mil) to Dec. 2022 (lei-5,261 Mil).


Rompetrol Rafinare  (BSE:RRC) 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.


Rompetrol Rafinare Retained Earnings Historical Data

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The historical data trend for Rompetrol Rafinare'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.

Rompetrol Rafinare Retained Earnings Chart

Rompetrol Rafinare Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6,686.92 -6,881.00 -7,751.32 -5,898.42 -5,260.62

Rompetrol Rafinare Quarterly Data
Sep18 Dec18 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -5,152.97 -5,260.62 -5,197.11 -5,421.12 -5,280.07

Rompetrol Rafinare 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.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of lei-5,280 Mil mean?
Rompetrol Rafinare (BSE:RRC) has a Retained Earnings of lei-5,280 Mil as of Sep. 2023. Retained earnings is the amount of net income not issued to shareholders. View historical data on Rompetrol Rafinare and its competitors.
Is Rompetrol Rafinare's Retained Earnings too high?
Rompetrol Rafinare's current Retained Earnings is lei-5,280 Mil.
How does Rompetrol Rafinare's Retained Earnings compare to MPC and PSX?
Rompetrol Rafinare's Retained Earnings of lei-5,280 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for an Oil & Gas company?
A good Retained Earnings depends on the Oil & Gas industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Rompetrol Rafinare and its competitors. Rompetrol Rafinare's current Retained Earnings is lei-5,280 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rompetrol Rafinare stock overvalued right now?
Rompetrol Rafinare (BSE:RRC) has a current Retained Earnings of lei-5,280 Mil. The current Retained Earnings is lei-5,280 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Rompetrol Rafinare (BSE:RRC), the current Retained Earnings is lei-5,280 Mil as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Rompetrol Rafinare Business Description

Industry EnergyOil & Gas
Address Navodari Boulevard, no. 215, Administrative Building, Navodari, Constanta, ROU, 905700
Rompetrol Rafinare SA is engaged in the Refining and marketing of petrochemical products. It operates Petromidia refinery in the Black Sea coast and Vega refinery in Ploiesti city and engaged in the manufacturing and trading of Petrochemical Products and Refining products. The company's segments include Refining, Petrochemicals, and Marketing. The company products include Polypropylene, High-Density Polyethylene, Low-Density Polyethylene, Aviation fuels, Car fuels, Bitumen, and others. The company has all of its operations in Romania and also exports internationally. The majority of the revenue is generated from Romania.