Logicom Public (CYS:LOG) Retained Earnings : €260 Mil (As of Mar. 2024)

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What is Logicom Public Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Logicom Public's retained earnings for the quarter that ended in Mar. 2024 was €260 Mil.

Logicom Public's quarterly retained earnings increased from Sep. 2023 (€234 Mil) to Dec. 2023 (€246 Mil) and increased from Dec. 2023 (€246 Mil) to Mar. 2024 (€260 Mil).

Logicom Public's annual retained earnings increased from Dec. 2021 (€168 Mil) to Dec. 2022 (€197 Mil) and increased from Dec. 2022 (€197 Mil) to Dec. 2023 (€246 Mil).

Logicom Public Retained Earnings Historical Data

The historical data trend for Logicom Public'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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Logicom Public Retained Earnings Chart

Logicom Public Annual Data

Trend

Dec14

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Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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167.61

196.79

246.21

Logicom Public 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															209.12	225.85	234.19	246.21	260.06

Logicom Public 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.

Logicom Public (CYS:LOG) 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.

Logicom Public (CYS:LOG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Logicom Public Ltd (CYS:LOG) » Definitions » Retained Earnings

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Address

Stasinou 26, Ayia Paraskevi Strovolos, Nicosia, CYP, 2003

Website

https://www.lgcom.net

Logicom Public Ltd is engaged in the distribution of technology products and services. In addition, it is also involved in the provision of integrated information technology networking, telecom, and business software solutions, and the execution of infrastructure projects in the areas of water, power, and gas. The company operates through two segments namely the Distribution segment and the Services segment. The Distribution segment includes the distribution of its technology products in the European, United Arab Emirates, and Saudi Arabia markets. The Services segment operates in the provision of solutions and services for networks and telecommunications, and software to customers in Cyprus and abroad.

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