GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Elia Group SA/NV (OTCPK:ELIAF) » Definitions » Retained Earnings

Elia Group/NV (Elia Group/NV) Retained Earnings : $2,106 Mil (As of Dec. 2023)


View and export this data going back to 2013. Start your Free Trial

What is Elia Group/NV Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Elia Group/NV's retained earnings for the quarter that ended in Dec. 2023 was $2,106 Mil.

Elia Group/NV's quarterly retained earnings increased from Dec. 2022 ($1,871 Mil) to Jun. 2023 ($1,916 Mil) and increased from Jun. 2023 ($1,916 Mil) to Dec. 2023 ($2,106 Mil).

Elia Group/NV's annual retained earnings increased from Dec. 2021 ($1,705 Mil) to Dec. 2022 ($1,871 Mil) and increased from Dec. 2022 ($1,871 Mil) to Dec. 2023 ($2,106 Mil).


Elia Group/NV Retained Earnings Historical Data

The historical data trend for Elia Group/NV'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.

Elia Group/NV Retained Earnings Chart

Elia Group/NV 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 1,322.00 1,618.61 1,705.31 1,870.98 2,105.67

Elia Group/NV Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 1,705.31 1,653.59 1,870.98 1,916.14 2,105.67

Elia Group/NV 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.


Elia Group/NV  (OTCPK:ELIAF) 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.


Elia Group/NV (Elia Group/NV) Business Description

Traded in Other Exchanges
Address
Boulevard de l’Empereur 20, Brussels, BEL, B-1000
Elia Group SA/NV is a utility company that owns and develops electric grids in Central Europe. Elia maintains and operates high-voltage equipment and infrastructure projects, such as power lines, cables, and transformers. The company primarily generates revenue by serving as the electricity transmission system operator in both Germany and Belgium where it provides electric grid usage. Elia's Belgian and German operations are responsible for nearly all of its revenue. These countries also house most of the company's infrastructure investments. In its capacity as an electricity transmitter, Elia System facilitates long-term, day-ahead, and intraday energy markets.

Elia Group/NV (Elia Group/NV) Headlines