GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Longvie SA (BUE:LONG) » Definitions » Retained Earnings

Longvie (BUE:LONG) Retained Earnings : ARS2,001 Mil (As of Dec. 2023)


View and export this data going back to . Start your Free Trial

What is Longvie Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Longvie's retained earnings for the quarter that ended in Dec. 2023 was ARS2,001 Mil.

Longvie's quarterly retained earnings increased from Jun. 2023 (ARS119 Mil) to Sep. 2023 (ARS445 Mil) and increased from Sep. 2023 (ARS445 Mil) to Dec. 2023 (ARS2,001 Mil).

Longvie's annual retained earnings increased from Dec. 2021 (ARS776 Mil) to Dec. 2022 (ARS1,390 Mil) and increased from Dec. 2022 (ARS1,390 Mil) to Dec. 2023 (ARS2,001 Mil).


Longvie Retained Earnings Historical Data

The historical data trend for Longvie'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.

Longvie Retained Earnings Chart

Longvie 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 -150.05 357.69 776.18 1,390.10 2,000.95

Longvie Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1,390.10 545.06 119.07 445.39 2,000.95

Longvie 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.


Longvie  (BUE:LONG) 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.


Longvie (BUE:LONG) Business Description

Traded in Other Exchanges
N/A
Address
Laprida 4851, Villa Martelli, Buenos Aires, ARG
Longvie SA operates in the home furnishing and fixtures industry. The principal business activity of the company is to manufacture and distribute household appliances. The company produces washing machines, dishwashers, stoves, ovens, water heaters, and hot water tanks for the domestic and international markets. It has an operational presence across Canada, United States, Brazil, Poland, Georgia, Colombia, Peru, and other countries.

Longvie (BUE:LONG) Headlines

No Headlines