LNXSY (Lanxess AG) Retained Earnings : $-125 Mil (As of Sep. 2024)

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What is Lanxess AG Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Lanxess AG's retained earnings for the quarter that ended in Sep. 2024 was $-125 Mil.

Lanxess AG's quarterly retained earnings declined from Mar. 2024 ($-107 Mil) to Jun. 2024 ($-123 Mil) and declined from Jun. 2024 ($-123 Mil) to Sep. 2024 ($-125 Mil).

Lanxess AG's annual retained earnings declined from Dec. 2021 ($302 Mil) to Dec. 2022 ($265 Mil) but then increased from Dec. 2022 ($265 Mil) to Dec. 2023 ($483 Mil).

Lanxess AG Retained Earnings Historical Data

The historical data trend for Lanxess 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.

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Lanxess AG Retained Earnings Chart

Lanxess AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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227.78

1,076.64

301.70

264.83

483.10

Lanxess AG Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Retained Earnings	Get a 7-Day Free Trial															1,276.41	483.10	-106.52	-122.71	-125.42

Lanxess 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.

Lanxess AG (OTCPK:LNXSY) 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.

Lanxess AG Business Description

Industry

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LNXSF:USA 1LXS:Italy LXSd:UK 0H7I:UK LXS:Germany LXS:Austria

Address

Kennedyplatz 1, Cologne, DEU, 50569

Website

https://lanxess.com

Lanxess AG is a German chemical company that was originally spun out of Bayer. Lanxess has visibly decommoditised its portfolio in recent years by divesting its synthetic rubber business and is moving toward becoming a specialty chemicals company in the fields of consumer protection chemicals, specialty additives, intermediates, and engineering plastics.