Hagar hf (OISE:HAGA) Retained Earnings : kr18,176 Mil (As of Feb. 2024)

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What is Hagar hf Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Hagar hf's retained earnings for the quarter that ended in Feb. 2024 was kr18,176 Mil.

Hagar hf's quarterly retained earnings declined from Aug. 2023 (kr19,778 Mil) to Nov. 2023 (kr18,072 Mil) but then increased from Nov. 2023 (kr18,072 Mil) to Feb. 2024 (kr18,176 Mil).

Hagar hf's annual retained earnings increased from Feb. 2022 (kr18,869 Mil) to Feb. 2023 (kr19,522 Mil) but then declined from Feb. 2023 (kr19,522 Mil) to Feb. 2024 (kr18,176 Mil).

Hagar hf Retained Earnings Historical Data

The historical data trend for Hagar hf'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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Hagar hf Retained Earnings Chart

Hagar hf Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Retained Earnings

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13,136.00

17,181.00

18,869.00

19,522.00

18,176.00

Hagar hf Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Retained Earnings	Get a 7-Day Free Trial															19,522.00	18,386.00	19,778.00	18,072.00	18,176.00

Hagar hf 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.

Hagar hf (OISE:HAGA) 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.

Hagar hf (OISE:HAGA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Hagar hf (OISE:HAGA) » Definitions » Retained Earnings

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Address

Hagasmari 1, Kopavogur, ISL, 201

Website

http://www.hagar.is

Hagar hf is a retail company located in Iceland. The company with its subsidiaries operate stores within retail chains as well as warehouses. It also operates specialty product division within Hagkaup grocery retailer and several specialty stores offering lifestyle and retail brands. The firm mainly operates in grocery sector and owns Hagkaup and Bonus grocery retailers and also support service companies in the fields of purchasing and distribution.

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