Ceconomy AG (CHIX:CECD) Retained Earnings : €-969 Mil (As of Mar. 2024)

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What is Ceconomy AG Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Ceconomy AG's retained earnings for the quarter that ended in Mar. 2024 was €-969 Mil.

Ceconomy AG's quarterly retained earnings increased from Sep. 2023 (€-1,166 Mil) to Dec. 2023 (€-1,050 Mil) and increased from Dec. 2023 (€-1,050 Mil) to Mar. 2024 (€-969 Mil).

Ceconomy AG's annual retained earnings declined from Sep. 2021 (€-527 Mil) to Sep. 2022 (€-1,039 Mil) and declined from Sep. 2022 (€-1,039 Mil) to Sep. 2023 (€-1,166 Mil).

Ceconomy AG Retained Earnings Historical Data

The historical data trend for Ceconomy AG'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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Ceconomy AG Retained Earnings Chart

Ceconomy AG Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Retained Earnings

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-478.00

-753.00

-527.00

-1,039.00

-1,166.00

Ceconomy AG Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Retained Earnings	Get a 7-Day Free Trial															-932.00	-1,143.00	-1,166.00	-1,050.00	-969.00

Ceconomy AG 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.

Ceconomy AG (CHIX:CECd) 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.

Ceconomy AG (CHIX:CECD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Ceconomy AG (CHIX:CECd) » Definitions » Retained Earnings

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MTTRY:USA 1CEC:Italy 0MPM:UK CEC:Germany CEC:Austria

Address

Kaistrasse 3, Dusseldorf, NW, DEU, 40221

Website

https://www.ceconomy.de

Ceconomy AG is engaged in the consumer electronics retail business. It operates multichannel consumer electronics stores under the MediaMarkt and Saturn brand names; redcoon.de, an online electronics store; and JUKE, a music streaming service that comprises songs, films, games, and e-books. The company also operates iBOOD, a live-shopping portal; Flip4New, a purchasing service for consumer electronics, which allows customers to sell used electronic articles; and LocaFox, a local commerce platform that connects local retailers with the multichannel world. Its operating segment includes DACH; Western/ Southern Europe; Eastern Europe and others. The company derives a majority of its revenue from the DACH segment which includes Germany, Austria, Switzerland, and Hungary.

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