TietoEVRY (LTS:0KG0) Retained Earnings : €497 Mil (As of Sep. 2024)

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What is TietoEVRY Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. TietoEVRY's retained earnings for the quarter that ended in Sep. 2024 was €497 Mil.

TietoEVRY's quarterly retained earnings increased from Mar. 2024 (€82 Mil) to Jun. 2024 (€156 Mil) and increased from Jun. 2024 (€156 Mil) to Sep. 2024 (€497 Mil).

TietoEVRY's annual retained earnings declined from Dec. 2021 (€500 Mil) to Dec. 2022 (€400 Mil) and declined from Dec. 2022 (€400 Mil) to Dec. 2023 (€293 Mil).

TietoEVRY Retained Earnings Historical Data

The historical data trend for TietoEVRY'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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TietoEVRY Retained Earnings Chart

TietoEVRY Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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366.10

304.10

499.60

399.90

293.00

TietoEVRY 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															217.60	293.00	82.10	156.20	497.20

TietoEVRY 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.

TietoEVRY (LTS:0KG0) 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.

TietoEVRY Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » TietoEVRY Corp (LTS:0KG0) » Definitions » Retained Earnings

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Address

Keilalahdentie 2-4, P.O. Box 2, Espoo, FIN, FI-02101

Website

https://www.tietoevry.com

TietoEVRY Corp is a Finland-based digital services and software company. It serves thousands of enterprise and public sector customers in more than 90 countries. Tietoevry Group is comprised of five operating segments: Tietoevry Create, Tietoevry Banking, Tietoevry Care, Tietoevry Industry, and Tietoevry Tech Services. The maximum revenue is derived from the Tietoevry Tech Services segment. Tietoevry Tech Services is a Nordic multi-cloud platform provider with a full range of infrastructure choices at scale - aiming to ensure resilience, security, and compliance for customers' business. Its business comprises application and data services, cloud platforms and security services, traditional Infrastructure services, and user experience services.

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