GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Comal SpA (MIL:CML) » Definitions » Retained Earnings

Comal SpA (MIL:CML) Retained Earnings : €4.30 Mil (As of Jun. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Comal SpA Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Comal SpA's retained earnings for the quarter that ended in Jun. 2024 was €4.30 Mil.

Comal SpA's quarterly retained earnings increased from Jun. 2023 (€1.64 Mil) to Dec. 2023 (€4.13 Mil) and increased from Dec. 2023 (€4.13 Mil) to Jun. 2024 (€4.30 Mil).

Comal SpA's annual retained earnings increased from Dec. 2021 (€1.16 Mil) to Dec. 2022 (€3.36 Mil) and increased from Dec. 2022 (€3.36 Mil) to Dec. 2023 (€4.13 Mil).


Comal SpA Retained Earnings Historical Data

The historical data trend for Comal SpA'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.

Comal SpA Retained Earnings Chart

Comal SpA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial 0.71 1.16 1.16 3.36 4.13

Comal SpA Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.85 3.36 1.64 4.13 4.30

Comal SpA 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.


Comal SpA  (MIL:CML) 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.


Comal SpA Business Description

Traded in Other Exchanges
N/A
Address
Via Piemonte, 15/17/19, Cologno al Serio, ITA
Comal SpA provides energy-related products and services. It performs maintenance of equipment and machinery in operating plants for the production of energy from thermal sources. It is also involved in the business of green energy. Some of its products include Sun Hunter Tracker and Shelter.

Comal SpA Headlines

No Headlines