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ECNLF (Aquafil SpA) Retained Earnings : $-17.1 Mil (As of Dec. 2024)


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What is Aquafil SpA Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Aquafil SpA's retained earnings for the quarter that ended in Dec. 2024 was $-17.1 Mil.

Aquafil SpA's quarterly retained earnings declined from Jun. 2024 ($-6.6 Mil) to Sep. 2024 ($-9.7 Mil) and declined from Sep. 2024 ($-9.7 Mil) to Dec. 2024 ($-17.1 Mil).

Aquafil SpA's annual retained earnings declined from Dec. 2022 ($128.9 Mil) to Dec. 2023 ($90.5 Mil) and declined from Dec. 2023 ($90.5 Mil) to Dec. 2024 ($-17.1 Mil).


Aquafil SpA Retained Earnings Historical Data

The historical data trend for Aquafil SpA'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.

Aquafil SpA Retained Earnings Chart

Aquafil SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only 107.52 111.91 128.87 90.52 -17.08

Aquafil SpA Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 90.52 -3.37 -6.60 -9.74 -17.08

Aquafil SpA 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.


Aquafil SpA  (OTCPK:ECNLF) 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.


Aquafil SpA Business Description

Traded in Other Exchanges
Address
Via Linfano, 9, Arco, Trento, ITA, 38062
Aquafil SpA is engaged in the business of manufacturing polyamides. It produces and sells fibers and polymers, principally polyamide 6, scale through the: BCF Product Line (carpet fibers), or synthetic yarns mainly intended for the textile flooring sector and used in contract segments (hotels, airports, offices, etc.), residential buildings and the automotive market; NTF Product Line (clothing fibers), or synthetic yarns mainly intended for the clothing sector (sportswear, classic, technical or specialist apparel); Polymers Product Line, or plastic raw materials, mainly targeting the engineering plastics sector for subsequent use in the molding industry. Its products are also sold on the market under the ECONYL brand.