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Xeros Technology Group (FRA:2X40) Retained Earnings : €-173.47 Mil (As of Jun. 2024)


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What is Xeros Technology Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Xeros Technology Group's retained earnings for the quarter that ended in Jun. 2024 was €-173.47 Mil.

Xeros Technology Group's quarterly retained earnings declined from Jun. 2023 (€-163.75 Mil) to Dec. 2023 (€-167.44 Mil) and declined from Dec. 2023 (€-167.44 Mil) to Jun. 2024 (€-173.47 Mil).

Xeros Technology Group's annual retained earnings declined from Dec. 2021 (€-153.89 Mil) to Dec. 2022 (€-158.41 Mil) and declined from Dec. 2022 (€-158.41 Mil) to Dec. 2023 (€-167.44 Mil).


Xeros Technology Group Retained Earnings Historical Data

The historical data trend for Xeros Technology Group'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.

Xeros Technology Group Retained Earnings Chart

Xeros Technology Group Annual Data
Trend Jul13 Jul14 Jul15 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -139.74 -137.87 -153.89 -158.41 -167.44

Xeros Technology Group Semi-Annual Data
Jan14 Jul14 Jan15 Jul15 Jun16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -156.98 -158.41 -163.75 -167.44 -173.47

Xeros Technology Group 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.


Xeros Technology Group  (FRA:2X40) 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.


Xeros Technology Group Business Description

Traded in Other Exchanges
Address
Unit 2, Evolution, Advanced Manufacturing Park, Whittle Way, Catcliffe, Rotherham, South Yorkshire, GBR, S60 5BL
Xeros Technology Group PLC develops patented polymer bead systems with multiple identified potential commercial applications which are used mostly in the commercial laundry market. It has begun the rollout of 25kg capacity washing machines that exclusively use the company's patented polymer bead cleaning system. In addition to the commercial laundry market, its polymer bead technologies have a range of potential applications in other industries including domestic laundry, leather processing, garment finishing, and metal cleaning. It has its operations in Europe and North America. It earns revenues from the sale/provision of polymer bead cleaning equipment, consumables, and services.

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