Archer (OSTO:ARCHERO) Retained Earnings : kr0 Mil (As of Sep. 2024)

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What is Archer Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Archer's retained earnings for the quarter that ended in Sep. 2024 was kr0 Mil.

Archer's quarterly retained earnings increased from Mar. 2024 (kr-17,171 Mil) to Jun. 2024 (kr-17,166 Mil) and increased from Jun. 2024 (kr-17,166 Mil) to Sep. 2024 (kr0 Mil).

Archer's annual retained earnings declined from Dec. 2021 (kr-14,271 Mil) to Dec. 2022 (kr-15,603 Mil) and declined from Dec. 2022 (kr-15,603 Mil) to Dec. 2023 (kr-16,956 Mil).

Archer Retained Earnings Historical Data

The historical data trend for Archer'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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Archer Retained Earnings Chart

Archer Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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-14,137.90

-13,706.72

-14,270.97

-15,602.65

-16,956.05

Archer Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Retained Earnings	Get a 7-Day Free Trial															-17,328.97	-16,956.05	-17,171.44	-17,166.16	-

Archer 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.

Archer (OSTO:ARCHERo) 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.

Archer Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Archer Ltd (OSTO:ARCHERo) » Definitions » Retained Earnings

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ARHVF:USA ARCH:Norway 0RBA:UK

Address

Sandnesveien 358, Sandnes, NOR, 4312

Website

https://www.archerwell.com

Archer Ltd is an international oilfield service company providing various oilfield products and services through its area organizations. Its services include platform drilling, land drilling, directional drilling, underbalanced drilling, modular rigs, engineering services, equipment rentals, wireline services, pressure control, pressure pumping, production monitoring, well imaging, and integrity management tools. The reporting segments of the company are Platform Operations, Well Services, and Land Drilling. The majority of revenue is derived from the Platform Operations segment. Platform Operations segment includes Platform Drilling, Modular rig, and Engineering services.

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