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Miba AG (LTS:0F98) Retained Earnings : €425.2 Mil (As of Jul. 2015)


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What is Miba AG Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Miba AG's retained earnings for the quarter that ended in Jul. 2015 was €425.2 Mil.

Miba AG's quarterly retained earnings increased from Jan. 2015 (€397.8 Mil) to Apr. 2015 (€414.4 Mil) and increased from Apr. 2015 (€414.4 Mil) to Jul. 2015 (€425.2 Mil).

Miba AG's annual retained earnings increased from Jan. 2013 (€296.5 Mil) to Jan. 2014 (€332.6 Mil) and increased from Jan. 2014 (€332.6 Mil) to Jan. 2015 (€397.8 Mil).


Miba AG Retained Earnings Historical Data

The historical data trend for Miba 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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Miba AG Retained Earnings Chart

Miba AG Annual Data
Trend Jan10 Jan11 Jan12 Jan13 Jan14 Jan15
Retained Earnings
Get a 7-Day Free Trial 227.78 - 296.48 332.60 397.84

Miba AG Quarterly Data
Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 352.84 374.78 397.84 414.39 425.17

Miba 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.


Miba AG  (LTS:0F98) 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.


Miba AG (LTS:0F98) Business Description

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Miba AG along with its subsidiaries manufactures & develops components for engines & automotive industries. It offers sintered components, engine bearings, friction materials, power electronics components and coatings.

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