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GAZ PJSC (MIC:GAZA) Retained Earnings : ₽-11,059 Mil (As of Dec. 2017)


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What is GAZ PJSC Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. GAZ PJSC's retained earnings for the quarter that ended in Dec. 2017 was ₽-11,059 Mil.

GAZ PJSC's quarterly retained earnings increased from Dec. 2016 (₽-14,648 Mil) to Jun. 2017 (₽-13,474 Mil) and increased from Jun. 2017 (₽-13,474 Mil) to Dec. 2017 (₽-11,059 Mil).

GAZ PJSC's annual retained earnings declined from Dec. 2015 (₽-13,198 Mil) to Dec. 2016 (₽-14,648 Mil) but then increased from Dec. 2016 (₽-14,648 Mil) to Dec. 2017 (₽-11,059 Mil).


GAZ PJSC Retained Earnings Historical Data

The historical data trend for GAZ PJSC'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.

* Premium members only.

GAZ PJSC Retained Earnings Chart

GAZ PJSC Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5,365.91 -7,559.14 -13,198.27 -14,648.37 -11,058.58

GAZ PJSC Semi-Annual Data
Dec07 Dec08 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17
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 -13,198.27 -15,571.41 -14,648.37 -13,474.13 -11,058.58

GAZ PJSC 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.


GAZ PJSC  (MIC:GAZA) 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.


GAZ PJSC (MIC:GAZA) Business Description

Traded in Other Exchanges
N/A
Address
88 Lenin Avenue, Nizhny Novgorod, RUS, 603950
GAZ PJSC manufactures light commercial vehicles and passenger cars, as well as auto-components, buses, engines and fuel injection equipment, supersize trucks, special purpose vehicles.

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