Zignago Vetro SpA (MIL:ZV) Retained Earnings : €293.5 Mil (As of Jun. 2024)

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What is Zignago Vetro SpA Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Zignago Vetro SpA's retained earnings for the quarter that ended in Jun. 2024 was €293.5 Mil.

Zignago Vetro SpA's quarterly retained earnings increased from Dec. 2023 (€338.5 Mil) to Mar. 2024 (€349.7 Mil) but then declined from Mar. 2024 (€349.7 Mil) to Jun. 2024 (€293.5 Mil).

Zignago Vetro SpA's annual retained earnings increased from Dec. 2021 (€212.0 Mil) to Dec. 2022 (€265.0 Mil) and increased from Dec. 2022 (€265.0 Mil) to Dec. 2023 (€338.5 Mil).

Zignago Vetro SpA Retained Earnings Historical Data

The historical data trend for Zignago Vetro 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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Zignago Vetro SpA Retained Earnings Chart

Zignago Vetro SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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174.88

181.53

212.03

264.99

338.47

Zignago Vetro SpA Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Retained Earnings	Get a 7-Day Free Trial															288.56	307.41	338.47	349.75	293.48

Zignago Vetro 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.

Zignago Vetro SpA (MIL:ZV) 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.

Zignago Vetro SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Zignago Vetro SpA (MIL:ZV) » Definitions » Retained Earnings

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0NNC:UK ZVB:Germany

Address

Via Ita Marzotto no. 8, Fossalta di Portogruaro, Venice, ITA, 30025

Website

https://www.zignagovetro.com

Zignago Vetro SpA operates in the glass production sector. It manufactures hollow glass containers for the Food and Beverages and Cosmetics and Perfumery sectors. It has seven operating segments Zignago Vetro SpA; Zignago Vetro Polska SA; Zignago Vetro France SAS; Vetri Speciali SpA; Zignago Glass USA Inc.; Tre-Ve Srl; Vetreco Srl; and Nuova RO-CO Srl. It generates the majority of its revenue from Zignago Vetro SpA this Business Unit carries out the production of glass containers for food and beverages and for cosmetics and perfumery. The business of the group is carried out in various geographical locations such as Italy, the European Union, North America, and other areas.

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