Gas Plus SpA (LTS:0EMK) Retained Earnings : €118.7 Mil (As of Dec. 2023)

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What is Gas Plus SpA Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Gas Plus SpA's retained earnings for the quarter that ended in Dec. 2023 was €118.7 Mil.

Gas Plus SpA's quarterly retained earnings increased from Dec. 2022 (€75.1 Mil) to Jun. 2023 (€112.8 Mil) and increased from Jun. 2023 (€112.8 Mil) to Dec. 2023 (€118.7 Mil).

Gas Plus SpA's annual retained earnings increased from Dec. 2021 (€72.4 Mil) to Dec. 2022 (€75.1 Mil) and increased from Dec. 2022 (€75.1 Mil) to Dec. 2023 (€118.7 Mil).

Gas Plus SpA Retained Earnings Historical Data

The historical data trend for Gas Plus SpA'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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Gas Plus SpA Retained Earnings Chart

Gas Plus SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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-0.62

-34.22

72.40

75.14

118.70

Gas Plus SpA Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Retained Earnings	Get a 7-Day Free Trial															72.40	-6.94	75.14	112.79	118.70

Gas Plus SpA 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.

Gas Plus SpA (LTS:0EMK) 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.

Gas Plus SpA (LTS:0EMK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Gas Plus SpA (LTS:0EMK) » Definitions » Retained Earnings

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GSP:Italy T9O:Germany T9O:Germany

Address

Viale Enrico Forlanini, 17, Milan, ITA, 20134

Website

http://www.gasplus.it

Gas Plus SpA through its subsidiaries is engaged in the exploration and production of natural gas in Italy. The company is also involved in the production, purchase, distribution, and sale of natural gas. The company holds approximately 47 cultivation concessions distributed throughout Italy and manages a total of about 1,600 kilometers of regional distribution and transportation network located around 39 municipalities.

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