Resqunit AB (OSTO:RESQ) Retained Earnings : kr-4.76 Mil (As of Jun. 2023)

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What is Resqunit AB Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Resqunit AB's retained earnings for the quarter that ended in Jun. 2023 was kr-4.76 Mil.

Resqunit AB's quarterly retained earnings declined from Jun. 2022 (kr-4.86 Mil) to Dec. 2022 (kr-9.56 Mil) but then increased from Dec. 2022 (kr-9.56 Mil) to Jun. 2023 (kr-4.76 Mil).

Resqunit AB's annual retained earnings increased from . 20 (kr0.00 Mil) to Dec. 2021 (kr-11.66 Mil) and increased from Dec. 2021 (kr-11.66 Mil) to Dec. 2022 (kr-9.56 Mil).

Resqunit AB Retained Earnings Historical Data

The historical data trend for Resqunit AB'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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Resqunit AB Retained Earnings Chart

Resqunit AB Annual Data

Trend

Dec21

Dec22

Retained Earnings

-11.66

-9.56

Resqunit AB Semi-Annual Data
	Jun21	Jun22	Dec22	Jun23
Retained Earnings	-	-4.86	-9.56	-4.76

Resqunit AB 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.

Resqunit AB (OSTO:RESQ) 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.

Resqunit AB (OSTO:RESQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Resqunit AB (OSTO:RESQ) » Definitions » Retained Earnings

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Traded in Other Exchanges

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Address

Grenseveien 21, Sandnes, NOR, 4313

Website

https://www.resqunit.com

Resqunit AB is an ocean tech company developing innovative equipment to disarm and retrieve lost fishing gear. Through sensor data collection and software, the company aims to increase knowledge about the oceans and increase catch predictability.

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