Encavis AG (FRA:ECV) Retained Earnings : €119.1 Mil (As of Mar. 2024)

View and export this data going back to 1998. Start your Free Trial

What is Encavis AG Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Encavis AG's retained earnings for the quarter that ended in Mar. 2024 was €119.1 Mil.

Encavis AG's quarterly retained earnings declined from Sep. 2023 (€133.4 Mil) to Dec. 2023 (€132.8 Mil) and declined from Dec. 2023 (€132.8 Mil) to Mar. 2024 (€119.1 Mil).

Encavis AG's annual retained earnings increased from Dec. 2021 (€46.8 Mil) to Dec. 2022 (€78.3 Mil) and increased from Dec. 2022 (€78.3 Mil) to Dec. 2023 (€132.8 Mil).

Encavis AG Retained Earnings Historical Data

The historical data trend for Encavis AG'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.

Encavis AG Retained Earnings Chart

Encavis AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

Get a 7-Day Free Trial

33.43

9.24

46.75

78.31

132.84

Encavis AG 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															83.49	110.55	133.35	132.84	119.08

Encavis AG 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.

Encavis AG (FRA:ECV) 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.

Encavis AG (FRA:ECV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Encavis AG (FRA:ECV) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

0NBT:UK ECV:Germany CAP:Austria

Address

Grosse Elbstrasse 59, Hamburg, DEU, 22767

Website

https://www.encavis.com

Encavis AG is an independent solar park operator. Principally, it is engaged in the business of acquisition and operation of solar parks and onshore wind parks. Its operating segments are Photovoltaic Parks, Photovoltaic Service, Wind Parks, Asset Management, and Administration, of which the majority of its revenue comes from the Photovoltaic Parks segment. The Photovoltaic Parks segment comprised more than 169 solar parks with a total generation capacity of more than 1.3 GW, with parks located in different countries. Its geographical segments are Denmark, Germany, France, United Kingdom, Ireland, Finland, Italy, Netherlands, Austria, France, Sweden, and Spain.

Encavis AG (FRA:ECV) Headlines

No Headlines