SNGN Romgaz (BSE:SNG) Retained Earnings : lei5,647 Mil (As of Sep. 2023)

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What is SNGN Romgaz Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. SNGN Romgaz's retained earnings for the quarter that ended in Sep. 2023 was lei5,647 Mil.

SNGN Romgaz's quarterly retained earnings declined from Mar. 2023 (lei7,082 Mil) to Jun. 2023 (lei5,164 Mil) but then increased from Jun. 2023 (lei5,164 Mil) to Sep. 2023 (lei5,647 Mil).

SNGN Romgaz's annual retained earnings increased from Dec. 2020 (lei5,150 Mil) to Dec. 2021 (lei5,597 Mil) and increased from Dec. 2021 (lei5,597 Mil) to Dec. 2022 (lei6,112 Mil).

SNGN Romgaz Retained Earnings Historical Data

The historical data trend for SNGN Romgaz'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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SNGN Romgaz Retained Earnings Chart

SNGN Romgaz Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Retained Earnings

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5,458.20

5,201.22

5,149.92

5,596.76

6,111.87

SNGN Romgaz Quarterly Data
	Dec18	Mar19	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															5,863.49	6,111.87	7,081.87	5,163.63	5,646.68

SNGN Romgaz 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.

SNGN Romgaz (BSE:SNG) 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.

SNGN Romgaz (BSE:SNG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » SNGN Romgaz SA (BSE:SNG) » Definitions » Retained Earnings

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SNGR:UK RZ8G:Germany

Address

4 Constantin I. Motas Square, Sibiu County, Medias, ROU, 551130

Website

https://www.romgaz.ro

SNGN Romgaz SA acts as a natural gas producer and the main supplier in Romania. It holds interests in nearly 8 onshore exploration blocks located across Transylvania, Moldova, Oltenia, and Muntenia basins. The company operates through seven segments: Natural gas exploration & production, UGS activity, Natural gas supply, Special operations & services, Maintenance & transportation services, Electricity generation & supply, and Natural gas supply.

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