Ontex Group NV (MEX:ONTEX) Retained Earnings : MXN-580 Mil (As of Jun. 2024)

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What is Ontex Group NV Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Ontex Group NV's retained earnings for the quarter that ended in Jun. 2024 was MXN-580 Mil.

Ontex Group NV's quarterly retained earnings declined from Sep. 2023 (MXN0 Mil) to Dec. 2023 (MXN-5,975 Mil) but then increased from Dec. 2023 (MXN-5,975 Mil) to Jun. 2024 (MXN-580 Mil).

Ontex Group NV's annual retained earnings declined from Dec. 2021 (MXN4,817 Mil) to Dec. 2022 (MXN-7,468 Mil) but then increased from Dec. 2022 (MXN-7,468 Mil) to Dec. 2023 (MXN-5,975 Mil).

Ontex Group NV Retained Earnings Historical Data

The historical data trend for Ontex Group NV'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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Ontex Group NV Retained Earnings Chart

Ontex Group NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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4,256.07

6,357.21

4,816.73

-7,467.96

-5,975.23

Ontex Group NV Quarterly Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Jun24
Retained Earnings	Get a 7-Day Free Trial															-7,467.96	-325.05	-	-5,975.23	-579.78

Ontex Group NV 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.

Ontex Group NV (MEX:ONTEX) 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.

Ontex Group NV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Ontex Group NV (MEX:ONTEX) » Definitions » Retained Earnings

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ONXYY:USA ONXXF:USA 0QVQ:UK OT7:Germany ONTEX:Belgium

Address

Korte Keppestraat 21, Erembodegem, Aalst, BEL, 9320

Website

https://www.ontex.com

Ontex Group NV is an international producer of personal-hygiene solutions offered in Europe, Russia, the Middle East, North Africa, and the Americas. Its main business segments are baby care, feminine care, and adult care. Baby care offers mainly diapers and training underpants under a variety of brands: at a lower price point, Canbebe is offered across the Middle East and Africa; Helen Harper Baby is offered across Eastern Europe, Russia, and Africa; ecological diapers such as Bio Baby are offered across Germany; and the Kiddies brand is offered in Mexico. Feminine Care offers towels, liners, and tampons under the Helen Harper and Fiore brands. Adult Care offers incontinence products, pull-up pants, and adult diapers under the Serenity, Id, Canped, and Euron brands.

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