KNCRF (Konecranes Oyj) Retained Earnings : $1,009 Mil (As of Dec. 2024)

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What is Konecranes Oyj Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Konecranes Oyj's retained earnings for the quarter that ended in Dec. 2024 was $1,009 Mil.

Konecranes Oyj's quarterly retained earnings increased from Jun. 2024 ($811 Mil) to Sep. 2024 ($948 Mil) and increased from Sep. 2024 ($948 Mil) to Dec. 2024 ($1,009 Mil).

Konecranes Oyj's annual retained earnings increased from Dec. 2022 ($568 Mil) to Dec. 2023 ($765 Mil) and increased from Dec. 2023 ($765 Mil) to Dec. 2024 ($1,009 Mil).

Konecranes Oyj Retained Earnings Historical Data

The historical data trend for Konecranes Oyj'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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Konecranes Oyj Retained Earnings Chart

Konecranes Oyj Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Retained Earnings

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447.08

514.46

567.59

764.89

1,009.22

Konecranes Oyj 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															764.89	710.54	810.98	948.28	1,009.22

Konecranes Oyj 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.

Konecranes Oyj (OTCPK:KNCRF) 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.

Konecranes Oyj Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Konecranes Oyj (OTCPK:KNCRF) » Definitions » Retained Earnings

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KNCRY:USA KCRh:UK 0MET:UK KCR:Finland K34:Germany

Address

Koneenkatu 8, P.O. Box 661, Hyvinkaa, FIN, FI-05801

Website

https://www.konecranes.com

Konecranes Oyj provides lifting equipment and services for manufacturing industries, shipyards, ports, and terminals. It offers cranes, material handling solutions, and other components geared toward transporting and organizing supplies. Workstation lifting systems, trucks, and various hoists include advanced technologies to increase control and equipment capabilities. Products are marketed through various brands, and sales offices are in multiple regions. The company's global service network provides a full range of service solutions, specialized maintenance, and modernization services for equipment and tools. Inspections, spare parts, and preventive maintenance programs enhance efficiencies and extend product lifecycles.