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VEF Radiotehnika RRR (ORSE:RRR1R) Retained Earnings : €0.03 Mil (As of Sep. 2020)


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What is VEF Radiotehnika RRR Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. VEF Radiotehnika RRR's retained earnings for the quarter that ended in Sep. 2020 was €0.03 Mil.

VEF Radiotehnika RRR's quarterly retained earnings declined from Mar. 2020 (€0.04 Mil) to Jun. 2020 (€0.00 Mil) but then increased from Jun. 2020 (€0.00 Mil) to Sep. 2020 (€0.03 Mil).

VEF Radiotehnika RRR's annual retained earnings increased from Dec. 2017 (€-3.25 Mil) to Dec. 2018 (€0.05 Mil) but then declined from Dec. 2018 (€0.05 Mil) to Dec. 2019 (€0.05 Mil).


VEF Radiotehnika RRR Retained Earnings Historical Data

The historical data trend for VEF Radiotehnika RRR'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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VEF Radiotehnika RRR Retained Earnings Chart

VEF Radiotehnika RRR Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.47 -4.47 -3.25 0.05 0.05

VEF Radiotehnika RRR Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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 0.07 0.05 0.04 - 0.03

VEF Radiotehnika RRR 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.


VEF Radiotehnika RRR  (ORSE:RRR1R) 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.


VEF Radiotehnika RRR (ORSE:RRR1R) Business Description

Traded in Other Exchanges
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Address
Kurzemes prospekts 3, Riga, LVA, LV-1067
VEF Radiotehnika RRR is a Latvia based company engaged in the activity of purchase and sales of acoustic systems and their enclosures. It is also involved in the real estate renting services activity. The company primarily manufactures loudspeaker cabinets for companies in Italy, Germany and Czech Republic. Its products include Active Subwoofer, Center Channel, Floorstanding, Rigonda S Home Theater.

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