SPB Exchange PJSC (MIC:SPBE) Retained Earnings: ₽5,995.5 Mil (As of Jun. 2023)

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MIC:SPBE SPB Exchange PJSC MIC:SPBE
23 GF Score
Price ₽104.50
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What is SPB Exchange PJSC Retained Earnings?

SPB Exchange PJSC MIC:SPBE -8.41% 23 Retained Earnings is ₽5,995.5 Mil as of Jun. 2023. GuruFocus rates MIC:SPBE with a GF Score™ of 23/100.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. SPB Exchange PJSC's retained earnings for the quarter that ended in Jun. 2023 was ₽5,995.5 Mil.

SPB Exchange PJSC's quarterly retained earnings declined from Dec. 2021 (₽729.7 Mil) to Jun. 2022 (₽0.0 Mil) but then increased from Jun. 2022 (₽0.0 Mil) to Jun. 2023 (₽5,995.5 Mil).

SPB Exchange PJSC's annual retained earnings increased from Dec. 2019 (₽479.3 Mil) to Dec. 2020 (₽1,194.8 Mil) but then declined from Dec. 2020 (₽1,194.8 Mil) to Dec. 2021 (₽729.7 Mil).

SPB Exchange PJSC  (MIC:SPBE) 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.

SPB Exchange PJSC Retained Earnings Historical Data

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The historical data trend for SPB Exchange 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.

SPB Exchange PJSC Retained Earnings Chart

SPB Exchange PJSC Annual Data
Trend Dec19 Dec20 Dec21
Retained Earnings
479.33 1,194.84 729.71

SPB Exchange PJSC Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Jun23
Retained Earnings Get a 7-Day Free Trial 1,194.84 2,613.33 729.71 0.00 5,995.46
MIC:SPBE
23GF Score
SPB Exchange PJSC MIC:SPBE
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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SPB Exchange 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.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of ₽5,995.5 Mil mean?
SPB Exchange PJSC (MIC:SPBE) has a Retained Earnings of ₽5,995.5 Mil as of Jun. 2023. Retained earnings is the amount of net income not issued to shareholders. View historical data on SPB Exchange PJSC and its competitors.
Is SPB Exchange PJSC's Retained Earnings too high?
SPB Exchange PJSC's current Retained Earnings is ₽5,995.5 Mil. Overall, SPB Exchange PJSC has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does SPB Exchange PJSC's Retained Earnings compare to SPGI and CME?
SPB Exchange PJSC's Retained Earnings of ₽5,995.5 Mil can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Capital Markets company?
A good Retained Earnings depends on the Capital Markets industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on SPB Exchange PJSC and its competitors. SPB Exchange PJSC's current Retained Earnings is ₽5,995.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPB Exchange PJSC stock overvalued right now?
SPB Exchange PJSC (MIC:SPBE) has a current Retained Earnings of ₽5,995.5 Mil. The current Retained Earnings is ₽5,995.5 Mil. SPB Exchange PJSC's overall GF Score™ is 23/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For SPB Exchange PJSC (MIC:SPBE), the current Retained Earnings is ₽5,995.5 Mil as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

SPB Exchange PJSC Business Description

Address 38 Dolgorukovskaya Street, Building 1, Moscow, RUS, 127006
SPB Exchange PJSC is an exchange for international securities in the Russian financial market. It operates according to a business-to-business and business-to-customer model, simultaneously focusing on retail investors and financial intermediaries as direct customers. The company provides access to investment products for Russian and international investors, operating through its trading infrastructure and order-routing mechanisms.
23GF Score

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Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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