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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Refinaria De Petroleos Manguinhos's retained earnings for the quarter that ended in Jun. 2025 was R$-7,662 Mil.
Refinaria De Petroleos Manguinhos's quarterly retained earnings
declined
from Dec. 2024 (R$-6,738 Mil) to Mar. 2025 (R$-7,147 Mil) and
declined
from Mar. 2025 (R$-7,147 Mil) to Jun. 2025 (R$-7,662 Mil).
Refinaria De Petroleos Manguinhos's annual retained earnings
declined
from Dec. 2022 (R$-4,737 Mil) to Dec. 2023 (R$-5,706 Mil) and
declined
from Dec. 2023 (R$-5,706 Mil) to Dec. 2024 (R$-6,738 Mil).
Refinaria De Petroleos Manguinhos (BSP:RPMG3) 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.
Refinaria De Petroleos Manguinhos Retained Earnings Historical Data
* 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.
Refinaria De Petroleos Manguinhos Retained Earnings Chart
Refinaria De Petroleos Manguinhos 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.
What does a Retained Earnings of R$-7,662 Mil mean?
Refinaria De Petroleos Manguinhos (BSP:RPMG3) has a Retained Earnings of R$-7,662 Mil as of Jun. 2025. Retained earnings is the amount of net income not issued to shareholders. View historical data on Refinaria De Petroleos Manguinhos and its competitors.
Is Refinaria De Petroleos Manguinhos' Retained Earnings too high?
Refinaria De Petroleos Manguinhos' current Retained Earnings is R$-7,662 Mil. Overall, Refinaria De Petroleos Manguinhos has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does Refinaria De Petroleos Manguinhos' Retained Earnings compare to VLO and MPC?
Refinaria De Petroleos Manguinhos' Retained Earnings of R$-7,662 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for an Oil & Gas company?
A good Retained Earnings depends on the Oil & Gas industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Refinaria De Petroleos Manguinhos and its competitors. Refinaria De Petroleos Manguinhos's current Retained Earnings is R$-7,662 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Refinaria De Petroleos Manguinhos stock overvalued right now?
Refinaria De Petroleos Manguinhos (BSP:RPMG3) has a current Retained Earnings of R$-7,662 Mil. The current Retained Earnings is R$-7,662 Mil. Refinaria De Petroleos Manguinhos' overall GF Score™ is 50/100. 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 Refinaria De Petroleos Manguinhos (BSP:RPMG3), the current Retained Earnings is R$-7,662 Mil as of Jun. 2025. 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.
Refinaria De Petroleos Manguinhos SA is engaged in the operation of the oil refinery, import, sale and export of crude oil and its derivatives, and provision of services related to the refining activity, among others.
50GF Score
Get the complete analysis for BSP:RPMG3
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