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Comer Industries SpA (MIL:COM) Retained Earnings : €246 Mil (As of Jun. 2024)


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What is Comer Industries SpA Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Comer Industries SpA's retained earnings for the quarter that ended in Jun. 2024 was €246 Mil.

Comer Industries SpA's quarterly retained earnings increased from Jun. 2023 (€204 Mil) to Dec. 2023 (€243 Mil) and increased from Dec. 2023 (€243 Mil) to Jun. 2024 (€246 Mil).

Comer Industries SpA's annual retained earnings increased from Dec. 2021 (€107 Mil) to Dec. 2022 (€183 Mil) and increased from Dec. 2022 (€183 Mil) to Dec. 2023 (€243 Mil).


Comer Industries SpA Retained Earnings Historical Data

The historical data trend for Comer Industries 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.

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Comer Industries SpA Retained Earnings Chart

Comer Industries SpA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only 72.83 78.21 107.17 183.02 243.21

Comer Industries SpA Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 140.11 183.02 204.14 243.21 246.15

Comer Industries 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.


Comer Industries SpA  (MIL:COM) 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.


Comer Industries SpA Business Description

Traded in Other Exchanges
N/A
Address
Via Magellano, 27, Reggiolo, ITA, 42046
Comer Industries SpA is engaged in the design and production of advanced engineering systems and mechatronic solutions for power transmission. It operates in the sectors of Agricultural and Industrial. The products offered by the group include Gearboxes, Driveshafts, Powertrain, Planetary drives, and Wheel drives.