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International Care Co (MIL:ICC) Retained Earnings : €0.43 Mil (As of Jun. 2024)


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What is International Care Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. International Care Co's retained earnings for the quarter that ended in Jun. 2024 was €0.43 Mil.

International Care Co's quarterly retained earnings declined from Jun. 2023 (€-0.61 Mil) to Dec. 2023 (€-0.90 Mil) but then increased from Dec. 2023 (€-0.90 Mil) to Jun. 2024 (€0.43 Mil).

International Care Co's annual retained earnings declined from Dec. 2021 (€-0.09 Mil) to Dec. 2022 (€-0.87 Mil) and declined from Dec. 2022 (€-0.87 Mil) to Dec. 2023 (€-0.90 Mil).


International Care Co Retained Earnings Historical Data

The historical data trend for International Care Co'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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International Care Co Retained Earnings Chart

International Care Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Retained Earnings
Get a 7-Day Free Trial -2.41 -0.09 -0.87 -0.90 -0.86

International Care Co Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.87 -0.61 -0.90 0.43 -0.86

International Care Co 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.


International Care Co  (MIL:ICC) 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.


International Care Co Business Description

Traded in Other Exchanges
N/A
Address
Via Paracelso 24, Agrate Brianza, ITA, 20864
International Care Co is a service company that specializes in the development of healthcare and telecare services for improving the safety, quality of life, and independence of foreign nationals living in Italy. The various services offered by the company include medical assistance services, assistance with car-related problems, telemedicine and remote assistance services, call center management and sale of satellite systems, and management of various insurance claims on behalf of third parties. The company derives its maximum revenue by offering different assistance services. Geographically, a majority of its revenue is generated from Italy.

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