Severstal PAO (MIC:CHMF) Retained Earnings : ₽523,813 Mil (As of Dec. 2023)

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What is Severstal PAO Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Severstal PAO's retained earnings for the quarter that ended in Dec. 2023 was ₽523,813 Mil.

Severstal PAO's quarterly retained earnings increased from Dec. 2022 (₽326,954 Mil) to Jun. 2023 (₽434,685 Mil) and increased from Jun. 2023 (₽434,685 Mil) to Dec. 2023 (₽523,813 Mil).

Severstal PAO's annual retained earnings increased from Dec. 2021 (₽218,221 Mil) to Dec. 2022 (₽326,954 Mil) and increased from Dec. 2022 (₽326,954 Mil) to Dec. 2023 (₽523,813 Mil).

Severstal PAO Retained Earnings Historical Data

The historical data trend for Severstal PAO'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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Severstal PAO Retained Earnings Chart

Severstal PAO Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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153,936.76

169,642.85

218,221.00

326,954.00

523,813.00

Severstal PAO Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Jun22	Dec22	Jun23	Dec23
Retained Earnings	Get a 7-Day Free Trial															218,221.00	-	326,954.00	434,685.00	523,813.00

Severstal PAO 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.

Severstal PAO (MIC:CHMF) 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.

Severstal PAO (MIC:CHMF) Business Description

Industry

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Address

Klary Tsetkin Street, 2, Moscow, RUS, 127299

Website

https://www.severstal.com

Severstal PAO is a vertically integrated steel and mining company in Russia. The company has two operating divisions: Severstal Resources and Severstal Russian Steel. Its core asset is the Cherepovets steel mill, which is located within easy access of the company's mining operations, the Baltic ports, and Russia's industrial heartland. The company produces iron ore pellets, iron ore concentrates, crushed stones, ferrite strontium powder, coking & steam coal, and coking coal concentrate. These materials are provided to six industry categories: construction and service processing, tube and pipe, oil and gas, machinery, autos, and others. Construction and service processing accounts for a majority of sales. Severstal generates most of its revenue in Russia.

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