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NORMA Group SE (NORMA Group SE) Retained Earnings : $493 Mil (As of Mar. 2024)


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What is NORMA Group SE Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. NORMA Group SE's retained earnings for the quarter that ended in Mar. 2024 was $493 Mil.

NORMA Group SE's quarterly retained earnings increased from Sep. 2023 ($472 Mil) to Dec. 2023 ($486 Mil) and increased from Dec. 2023 ($486 Mil) to Mar. 2024 ($493 Mil).

NORMA Group SE's annual retained earnings declined from Dec. 2021 ($470 Mil) to Dec. 2022 ($461 Mil) but then increased from Dec. 2022 ($461 Mil) to Dec. 2023 ($486 Mil).


NORMA Group SE Retained Earnings Historical Data

The historical data trend for NORMA Group SE'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.

NORMA Group SE Retained Earnings Chart

NORMA Group SE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 417.60 463.58 470.39 460.57 485.57

NORMA Group SE 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 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 Premium Member Only Premium Member Only Premium Member Only 473.89 472.01 472.46 485.57 493.23

NORMA Group SE 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.


NORMA Group SE  (OTCPK:NOEJF) 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.


NORMA Group SE (NORMA Group SE) Business Description

Traded in Other Exchanges
Address
Edisonstrasse 4, Maintal, DEU, 63477
NORMA Group SE manufactures a wide range of joining technology solutions. Its products are primarily constructed from steel and help seal, connect, or ensure reliable flow of liquids, gases, and other elements. The components and finished solutions are used in various industries and can be found in transportation vehicles, household appliances, engines, plumbing systems, and medical fields. Norma has three primary product categories: clamps, joining elements, and fluid systems/connectors. It supplies single-component, multicomponent, and complex systems to meet customer requirements. The company uses a global sales and distribution network to reach customers and supply customized solutions across Europe, the Americas, and Asia-Pacific.

NORMA Group SE (NORMA Group SE) Headlines