Lacroix Group (FRA:51M) Retained Earnings : €4.3 Mil (As of Dec. 2023)

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What is Lacroix Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Lacroix Group's retained earnings for the quarter that ended in Dec. 2023 was €4.3 Mil.

Lacroix Group's quarterly retained earnings declined from Dec. 2022 (€11.9 Mil) to Jun. 2023 (€5.6 Mil) and declined from Jun. 2023 (€5.6 Mil) to Dec. 2023 (€4.3 Mil).

Lacroix Group's annual retained earnings increased from Sep. 2020 (€11.0 Mil) to Dec. 2021 (€21.6 Mil) but then declined from Dec. 2021 (€21.6 Mil) to Dec. 2022 (€11.9 Mil).

Lacroix Group Retained Earnings Historical Data

The historical data trend for Lacroix 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.

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Lacroix Group Retained Earnings Chart

Lacroix Group Annual Data

Trend

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Dec21

Dec22

Retained Earnings

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8.23

10.62

11.01

21.61

11.88

Lacroix Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Retained Earnings	Get a 7-Day Free Trial															21.61	3.89	11.88	5.60	4.27

Lacroix 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.

Lacroix Group (FRA:51M) 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.

Lacroix Group (FRA:51M) Business Description

Industry

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LACR:France

Address

8, impasse du Bourrelier, B.P. 30 004, Saint Herblain cedex, FRA, 44801

Website

https://www.lacroix-group.com

Lacroix Group is engaged in the design and production of consumer electronic equipment, in particular in the automotive, home automation, aeronautical, industrial and health sectors.

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