Public Power (Public Power) Retained Earnings : $-492 Mil (As of Dec. 2023)

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What is Public Power Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Public Power's retained earnings for the quarter that ended in Dec. 2023 was $-492 Mil.

Public Power's quarterly retained earnings increased from Dec. 2022 ($-921 Mil) to Jun. 2023 ($-774 Mil) and increased from Jun. 2023 ($-774 Mil) to Dec. 2023 ($-492 Mil).

Public Power's annual retained earnings increased from Dec. 2021 ($-1,739 Mil) to Dec. 2022 ($-921 Mil) and increased from Dec. 2022 ($-921 Mil) to Dec. 2023 ($-492 Mil).

Public Power Retained Earnings Historical Data

The historical data trend for Public Power'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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Public Power Retained Earnings Chart

Public Power Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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-1,808.91

-1,886.08

-1,738.65

-920.92

-491.90

Public Power Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Retained Earnings	Get a 7-Day Free Trial															-1,738.65	-923.58	-920.92	-774.50	-491.90

Public Power 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.

Public Power (OTCPK:PUPOF) 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.

Public Power (Public Power) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Public Power Corp SA (OTCPK:PUPOF) » Definitions » Retained Earnings

Comparable Companies

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PPC:Greece PU8:Germany

Address

30, Chalkokondyli Street, Athens, GRC, 104 32

Website

https://www.dei.gr

Public Power Corp SA, or PPC, is a public electric utility company of which the Hellenic Republic is the majority shareholder. PPC is engaged in the generation, transmission, and distribution of electric energy. With its subsidiaries, the company operates a portfolio of natural gas, coal, hydroelectric, wind, and solar power plants. PPC's thermal energy generating facilities are responsible for the majority of the company's electricity production. The company generates the vast majority of its revenue from energy sales. These mostly take the form of sales of low-voltage electricity to residential and small commercial consumers. PPC retains a considerable market share in Europe's Interconnected System electric grid.

Public Power (Public Power) Headlines

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