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ALTEO Energy Services (BUD:ALTEO) Retained Earnings : Ft29,415 Mil (As of Jun. 2024)


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What is ALTEO Energy Services Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. ALTEO Energy Services's retained earnings for the quarter that ended in Jun. 2024 was Ft29,415 Mil.

ALTEO Energy Services's quarterly retained earnings increased from Jun. 2023 (Ft28,134 Mil) to Dec. 2023 (Ft31,664 Mil) but then declined from Dec. 2023 (Ft31,664 Mil) to Jun. 2024 (Ft29,415 Mil).

ALTEO Energy Services's annual retained earnings increased from Dec. 2021 (Ft8,282 Mil) to Dec. 2022 (Ft19,171 Mil) and increased from Dec. 2022 (Ft19,171 Mil) to Dec. 2023 (Ft31,664 Mil).


ALTEO Energy Services Retained Earnings Historical Data

The historical data trend for ALTEO Energy Services'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.

* Premium members only.

ALTEO Energy Services Retained Earnings Chart

ALTEO Energy Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,303.28 2,882.22 8,282.13 19,171.00 31,663.74

ALTEO Energy Services 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 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 14,396.00 19,171.00 28,134.00 31,663.74 29,415.00

ALTEO Energy Services 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.


ALTEO Energy Services  (BUD:ALTEO) 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.


ALTEO Energy Services Business Description

Traded in Other Exchanges
Address
Korhaz utca 6-12., Budapest, HUN, 1033
ALTEO Energy Services PLC operates in the utility industry in Hungary. Its business segments includes, Heat and electricity production and management, Renewables-based energy production, Energy services, Energy trading and other. Majority of the revenue generated from Heat and electricity production and management.

ALTEO Energy Services Headlines

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