SAS AB (SAS AB) Retained Earnings : $-2,824 Mil (As of Apr. 2024)

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What is SAS AB Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. SAS AB's retained earnings for the quarter that ended in Apr. 2024 was $-2,824 Mil.

SAS AB's quarterly retained earnings declined from Oct. 2023 ($-2,289 Mil) to Jan. 2024 ($-2,634 Mil) and declined from Jan. 2024 ($-2,634 Mil) to Apr. 2024 ($-2,824 Mil).

SAS AB's annual retained earnings declined from Oct. 2021 ($-1,508 Mil) to Oct. 2022 ($-1,636 Mil) and declined from Oct. 2022 ($-1,636 Mil) to Oct. 2023 ($-2,289 Mil).

SAS AB Retained Earnings Historical Data

The historical data trend for SAS 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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SAS AB Retained Earnings Chart

SAS AB Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Retained Earnings

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-419.76

-1,010.23

-1,508.47

-1,636.02

-2,288.97

SAS AB Quarterly Data
	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24
Retained Earnings	Get a 7-Day Free Trial															-2,317.75	-2,216.43	-2,288.97	-2,634.06	-2,824.29

SAS 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.

SAS AB (OTCPK:SASDQ) 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.

SAS AB (SAS AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » SAS AB (OTCPK:SASDQ) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

SAS:Sweden SASNO:Norway 0O1W:UK SAS DKK:Denmark SSV2:Germany

Address

Frosundaviks Alle 1, Solna, Stockholm, SWE, SE-195 87

Website

https://www.sasgroup.net

SAS AB is a Scandinavian airline that offers transportation to many domestic and international destinations. Its target audience is frequent business and leisure travelers, and the airline attempts to develop services that make travel easier. Loyalty programs coupled with new applications and bundled packages give customers increased access and various options to plan a trip. Passenger traffic throughout Denmark, Norway, and Sweden account for approximately one-third of total revenue, but the airline does have a worldwide reach. Partnerships with other airlines enhance their global destination network and help customers use different airlines at numerous airports.

SAS AB (SAS AB) Headlines

From GuruFocus

SAS opens new routes to Toronto from Copenhagen and Stockholm

By PRNewswire PRNewswire • 02-08-2022

SAS presents traffic program for the fall

By PRNewswire PRNewswire • 08-23-2021

SAS increases flights from Scandinavia to the United States

By PRNewswire PRNewswire • 07-09-2021