Northern Ocean (OSL:NOL) Retained Earnings : kr-3,205 Mil (As of Dec. 2024)

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What is Northern Ocean Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Northern Ocean's retained earnings for the quarter that ended in Dec. 2024 was kr-3,205 Mil.

Northern Ocean's quarterly retained earnings declined from Jun. 2024 (kr-2,504 Mil) to Sep. 2024 (kr-2,887 Mil) and declined from Sep. 2024 (kr-2,887 Mil) to Dec. 2024 (kr-3,205 Mil).

Northern Ocean's annual retained earnings declined from Dec. 2022 (kr-1,473 Mil) to Dec. 2023 (kr-2,320 Mil) and declined from Dec. 2023 (kr-2,320 Mil) to Dec. 2024 (kr-3,205 Mil).

Northern Ocean Retained Earnings Historical Data

The historical data trend for Northern Ocean'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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Northern Ocean Retained Earnings Chart

Northern Ocean Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Retained Earnings

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-392.99

-504.37

-1,472.62

-2,320.31

-3,204.59

Northern Ocean Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Retained Earnings	Get a 7-Day Free Trial															-2,320.31	-2,436.35	-2,504.06	-2,887.00	-3,204.59

Northern Ocean 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.

Northern Ocean (OSL:NOL) 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.

Northern Ocean Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Northern Ocean Ltd (OSL:NOL) » Definitions » Retained Earnings

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NOLo:Sweden 4JO:Germany

Address

14 Par La Ville Road, Par La Ville Place, PO Box HM 1593, Hamilton, BMU, HM08

Website

https://www.northernocean.no

Northern Ocean Ltd is an international offshore drilling contractor for the oil and gas industry. The company acquires and operates modern drilling assets and is engaged in offshore contract drilling in benign and harsh environments, including ultra-deep-water environments. It owns two semi-submersible rigs, Deepsea Mira and Deepsea Bollsta. The company earns revenue from Drilling, Mobilization and demobilization, Contract preparation and One-time reimbursed costs.

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