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Grenergy Renovables (CHIX:GREE) Retained Earnings : €59.8 Mil (As of Dec. 2024)


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What is Grenergy Renovables Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Grenergy Renovables's retained earnings for the quarter that ended in Dec. 2024 was €59.8 Mil.

Grenergy Renovables's quarterly retained earnings declined from Dec. 2023 (€51.1 Mil) to Jun. 2024 (€0.6 Mil) but then increased from Jun. 2024 (€0.6 Mil) to Dec. 2024 (€59.8 Mil).

Grenergy Renovables's annual retained earnings increased from Dec. 2022 (€10.3 Mil) to Dec. 2023 (€51.1 Mil) and increased from Dec. 2023 (€51.1 Mil) to Dec. 2024 (€59.8 Mil).


Grenergy Renovables Retained Earnings Historical Data

The historical data trend for Grenergy Renovables'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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Grenergy Renovables Retained Earnings Chart

Grenergy Renovables Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.23 16.31 10.30 51.07 59.82

Grenergy Renovables Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 10.30 4.01 51.07 0.56 59.82

Grenergy Renovables 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.


Grenergy Renovables  (CHIX:GREe) 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.


Grenergy Renovables Business Description

Traded in Other Exchanges
Address
Calle Rafael Boti, 26, Madrid, ESP, 28023
Grenergy Renovables SA is a Spanish Independent Power Producer (IPP) that designs, develops, and executes renewable energy plants on a large scale. Its services are divided into different activities including the promotion, commercialization, and construction of renewable energy installations, the production and commercialization of electric energy as well as any complementary activities, and the management and operation of renewable energy installations. It operates in segments that include: Development and Construction which also generates key revenue for the company; Energy; Commercialization, and Services. Geographically, the company generates revenue from Chile, Mexico, Peru, Argentina, Colombia, Spain and other regions.