Il Sole 24 Ore (MIL:S24) Retained Earnings : €6.3 Mil (As of Mar. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Il Sole 24 Ore Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Il Sole 24 Ore's retained earnings for the quarter that ended in Mar. 2024 was €6.3 Mil.

Il Sole 24 Ore's quarterly retained earnings increased from Sep. 2023 (€4.1 Mil) to Dec. 2023 (€6.8 Mil) but then declined from Dec. 2023 (€6.8 Mil) to Mar. 2024 (€6.3 Mil).

Il Sole 24 Ore's annual retained earnings increased from Dec. 2021 (€-0.9 Mil) to Dec. 2022 (€-0.3 Mil) and increased from Dec. 2022 (€-0.3 Mil) to Dec. 2023 (€6.8 Mil).

Il Sole 24 Ore Retained Earnings Historical Data

The historical data trend for Il Sole 24 Ore'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.

Il Sole 24 Ore Retained Earnings Chart

Il Sole 24 Ore Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

Get a 7-Day Free Trial

21.07

20.12

-0.88

-0.34

6.78

Il Sole 24 Ore Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Retained Earnings	Get a 7-Day Free Trial															0.02	4.45	4.09	6.78	6.31

Il Sole 24 Ore 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.

Il Sole 24 Ore (MIL:S24) 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.

Il Sole 24 Ore (MIL:S24) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Il Sole 24 Ore (MIL:S24) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

4IL1:Germany

Address

Via Monte Rosa, 91, Milan, MI, ITA, 20149

Website

http://www.ilsole24ore.com

Il Sole 24 Ore is engaged in publishing news, books, and magazines. The company's segments are categorized into seven divisions. The Publishing and Digital division engages in publishing the daily newspaper, broadsheets, magazines, website, and the radiocor plus press agency. The Tax and legal segment provide products with technical and regulatory content. Its Radio segment manages the national radio 24 broadcasters. The System segment functions as an advertising sales agency. The Education and services segment provides training to young university graduates, managers, and professionals. The Culture segment comprises of the production of exhibitions and book publication. The Corporate and centralized services seek departments and the services associated with the support processes.

Il Sole 24 Ore (MIL:S24) Headlines

No Headlines