Polestar Automotive Holding UK (Polestar Automotive Holding UK) Retained Earnings : $-4,195 Mil (As of Sep. 2023)

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What is Polestar Automotive Holding UK Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Polestar Automotive Holding UK's retained earnings for the quarter that ended in Sep. 2023 was $-4,195 Mil.

Polestar Automotive Holding UK's quarterly retained earnings declined from Mar. 2023 ($-3,736 Mil) to Jun. 2023 ($-4,040 Mil) and declined from Jun. 2023 ($-4,040 Mil) to Sep. 2023 ($-4,195 Mil).

Polestar Automotive Holding UK's annual retained earnings declined from Dec. 2020 ($-754 Mil) to Dec. 2021 ($-1,762 Mil) and declined from Dec. 2021 ($-1,762 Mil) to Dec. 2022 ($-3,727 Mil).

Polestar Automotive Holding UK Retained Earnings Historical Data

The historical data trend for Polestar Automotive Holding UK'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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Polestar Automotive Holding UK Retained Earnings Chart

Polestar Automotive Holding UK Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Retained Earnings

-754.41

-1,761.86

-3,726.78

Polestar Automotive Holding UK Quarterly Data
	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Retained Earnings	Get a 7-Day Free Trial							-3,464.33	-3,726.78	-3,735.75	-4,039.81	-4,195.18

Polestar Automotive Holding UK 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.

Polestar Automotive Holding UK (NAS:PSNY) 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.

Polestar Automotive Holding UK (Polestar Automotive Holding UK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Polestar Automotive Holding UK PLC (NAS:PSNY) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

PSNYW:USA A4N1:Germany

Address

Assar Gabrielssons Vag 9, Gothenburg, SWE, 405 31

Website

https://www.polestar.com

Polestar Automotive Holding UK PLC operates as an electric vehicle manufacturer. It engages in designing products that are engineered to excite consumers and drive change. Polestar defines market-leading standards in design, technology, and sustainability. Polestar was established as a premium electric car brand by Volvo Cars and Geely Holdings. Polestar has produced two electric performance cars namely Polestar 1 and Polestar 2. Geographically, it derives a majority of revenue from USA.