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Santierul Naval Constanta (BSE:SNC) Retained Earnings : lei0.00 Mil (As of . 20)


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What is Santierul Naval Constanta Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Santierul Naval Constanta's retained earnings for the quarter that ended in . 20 was lei0.00 Mil.


Santierul Naval Constanta Retained Earnings Historical Data

The historical data trend for Santierul Naval Constanta'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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Santierul Naval Constanta Retained Earnings Chart

Santierul Naval Constanta Annual Data
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Santierul Naval Constanta Semi-Annual Data
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Santierul Naval Constanta 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.


Santierul Naval Constanta  (BSE:SNC) 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.


Santierul Naval Constanta Business Description

Traded in Other Exchanges
N/A
Address
Incinta Port No. 1, Constanta, ROU, 900 900
Santierul Naval SA Constanta is the new-building and ship-repair yards in Europe manufacturing medium range products and chemical tankers.

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