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Rosseti Kuban PJSC (MIC:KUBE) Retained Earnings : ₽4,000 Mil (As of Dec. 2023)


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What is Rosseti Kuban PJSC Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Rosseti Kuban PJSC's retained earnings for the quarter that ended in Dec. 2023 was ₽4,000 Mil.

Rosseti Kuban PJSC's quarterly retained earnings increased from Jun. 2023 (₽1,251 Mil) to Sep. 2023 (₽4,380 Mil) but then declined from Sep. 2023 (₽4,380 Mil) to Dec. 2023 (₽4,000 Mil).

Rosseti Kuban PJSC's annual retained earnings increased from Dec. 2021 (₽-4,875 Mil) to Dec. 2022 (₽-2,052 Mil) and increased from Dec. 2022 (₽-2,052 Mil) to Dec. 2023 (₽4,000 Mil).


Rosseti Kuban PJSC Retained Earnings Historical Data

The historical data trend for Rosseti Kuban 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.

Rosseti Kuban PJSC Retained Earnings Chart

Rosseti Kuban PJSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4,862.35 -6,739.23 -4,874.66 -2,051.98 4,000.01

Rosseti Kuban PJSC Quarterly Data
Mar18 Jun18 Dec18 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
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 -652.72 -2,051.98 1,250.79 4,380.00 4,000.01

Rosseti Kuban 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.


Rosseti Kuban PJSC  (MIC:KUBE) 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.


Rosseti Kuban PJSC (MIC:KUBE) Business Description

Traded in Other Exchanges
N/A
Address
4, Belovezhskaya Street, Moscow, RUS, 121353
Rosseti Kuban PJSC is active in the utilities market in Russia. It is the largest electric grid company in the territory of the Krasnodar and the Republic of Adygea, carrying out transmission and distribution of electric power. The main objective of the company is to provide reliable and stable energy supply to all consumers of the Krasnodar Territory and the Republic of Adygea, as well as the growing needs of the regional economies for electricity.

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