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MPC Container Ships ASA (OSL:MPCC) Retained Earnings : kr7,385 Mil (As of Dec. 2023)


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What is MPC Container Ships ASA Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. MPC Container Ships ASA's retained earnings for the quarter that ended in Dec. 2023 was kr7,385 Mil.

MPC Container Ships ASA's quarterly retained earnings declined from Jun. 2023 (kr7,825 Mil) to Sep. 2023 (kr7,791 Mil) and declined from Sep. 2023 (kr7,791 Mil) to Dec. 2023 (kr7,385 Mil).

MPC Container Ships ASA's annual retained earnings increased from Dec. 2021 (kr738 Mil) to Dec. 2022 (kr5,108 Mil) and increased from Dec. 2022 (kr5,108 Mil) to Dec. 2023 (kr7,385 Mil).


MPC Container Ships ASA Retained Earnings Historical Data

The historical data trend for MPC Container Ships ASA'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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MPC Container Ships ASA Retained Earnings Chart

MPC Container Ships ASA Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial -396.59 -943.96 738.35 5,108.45 7,384.80

MPC Container Ships ASA Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 5,108.45 6,705.45 7,825.06 7,790.80 7,384.80

MPC Container Ships ASA 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.


MPC Container Ships ASA  (OSL:MPCC) 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.


MPC Container Ships ASA (OSL:MPCC) Business Description

Traded in Other Exchanges
Address
Ruseløkkveien 34, Oslo, NOR, N-0251
MPC Container Ships ASA is a Norway based company that engages in the investment in and operation of shipping assets. The group's principal business activity is to invest in and operate maritime assets in the container shipping segment. It owns and operates container shops and feeder vessels that are chartered out to liner shipping companies and regional carriers. The group earns revenue from seaborne container transportation globally. The group has one reporting segment as it employs one type of vessel; Container Vessels.

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