Solid Clouds hf (OISE:SOLID) Retained Earnings : kr-544.14 Mil (As of Dec. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Solid Clouds hf Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Solid Clouds hf's retained earnings for the quarter that ended in Dec. 2024 was kr-544.14 Mil.

Solid Clouds hf's quarterly retained earnings declined from Dec. 2023 (kr-216.97 Mil) to Jun. 2024 (kr-318.65 Mil) and declined from Jun. 2024 (kr-318.65 Mil) to Dec. 2024 (kr-544.14 Mil).

Solid Clouds hf's annual retained earnings increased from Dec. 2022 (kr-221.69 Mil) to Dec. 2023 (kr-216.97 Mil) but then declined from Dec. 2023 (kr-216.97 Mil) to Dec. 2024 (kr-544.14 Mil).

Solid Clouds hf Retained Earnings Historical Data

The historical data trend for Solid Clouds 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.

* Premium members only.

Solid Clouds hf Retained Earnings Chart

Solid Clouds hf Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Retained Earnings

Get a 7-Day Free Trial

-651.95

-221.42

-221.69

-216.97

-544.14

Solid Clouds hf Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Retained Earnings	Get a 7-Day Free Trial						-221.69	-402.88	-216.97	-318.65	-544.14

Solid Clouds 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.

Solid Clouds hf (OISE:SOLID) 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.

Solid Clouds hf Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Solid Clouds hf (OISE:SOLID) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

N/A

Address

Eioistorg 17, Seltjarnarnes, ISL, 170

Website

https://www.solidclouds.com

Solid Clouds hf is engaged in information technology, software development, and the creation and marketing of computer games. It has a focus on creating a technology framework for the fast production of massively multiplayer online real-time games. Geographically group generates the majority of its revenue from the United States of America. It has income from the sale of virtual goods in the computer games.

Solid Clouds hf Headlines

No Headlines