VEF (OSTO:VEMF SDB P1) Retained Earnings : kr3,933 Mil (As of Sep. 2021)

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What is VEF Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. VEF's retained earnings for the quarter that ended in Sep. 2021 was kr3,933 Mil.

VEF's quarterly retained earnings declined from Mar. 2021 (kr2,132 Mil) to Jun. 2021 (kr2,100 Mil) but then increased from Jun. 2021 (kr2,100 Mil) to Sep. 2021 (kr3,933 Mil).

VEF's annual retained earnings increased from Dec. 2018 (kr960 Mil) to Dec. 2019 (kr1,460 Mil) and increased from Dec. 2019 (kr1,460 Mil) to Dec. 2020 (kr1,960 Mil).

VEF Retained Earnings Historical Data

The historical data trend for VEF'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 Retained Earnings Chart

VEF Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Retained Earnings

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457.68

863.27

960.03

1,460.49

1,959.70

VEF Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
Retained Earnings	Get a 7-Day Free Trial															1,539.27	1,959.70	2,132.21	2,099.54	3,932.96

VEF 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 (OSTO:VEMF SDB P1) 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 Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » VEF Ltd (OSTO:VEMF SDB P1) » Definitions » Retained Earnings

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Address

2 Church Street, Clarendon House, Hamilton, BMU, HM 11

Website

https://www.vef.vc

VEF Ltd is an investment company. The company invests in early and growth-stage fintech companies across emerging and frontier markets. The firm's portfolio includes Konfio, JUMO, FinanZero, and XERPA, among others.

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