SSAAY (SSAB AB) Retained Earnings : $2,047 Mil (As of Dec. 2024)

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What is SSAB AB Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. SSAB AB's retained earnings for the quarter that ended in Dec. 2024 was $2,047 Mil.

SSAB AB's quarterly retained earnings increased from Jun. 2024 ($1,989 Mil) to Sep. 2024 ($2,143 Mil) but then declined from Sep. 2024 ($2,143 Mil) to Dec. 2024 ($2,047 Mil).

SSAB AB's annual retained earnings increased from Dec. 2022 ($1,845 Mil) to Dec. 2023 ($2,144 Mil) but then declined from Dec. 2023 ($2,144 Mil) to Dec. 2024 ($2,047 Mil).

SSAB AB Retained Earnings Historical Data

The historical data trend for SSAB 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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SSAB AB Retained Earnings Chart

SSAB AB Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Retained Earnings

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2,469.78

3,883.34

1,845.15

2,144.07

2,046.52

SSAB AB Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Retained Earnings	Get a 7-Day Free Trial															2,144.07	2,249.29	1,988.94	2,142.83	2,046.52

SSAB 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.

SSAB AB (OTCPK:SSAAY) 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.

SSAB AB Business Description

Industry

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Traded in Other Exchanges

SSABF:USA SSAAF:USA SSAB B:Sweden SSAB A:Sweden SSABBs:UK SSABAs:UK 0MHZ:UK 0KII:UK SSABBH:Finland SSABAH:Finland SKWA:Germany

Address

Klarabergsviadukten 70, D6, Box 70, Stockholm, SWE, SE-101 21

Website

https://www.ssab.com

SSAB AB is a Sweden-based company that operates through five divisions. SSAB special steels sell structural high-strength steel, wear-resistant steel, protection steel, and tool steel. SSAB Europe is a Nordic-based producer of the strip, plate, and tube products. SSAB Americas is a Northern American steel plate and coil maker. Tibnor, SSAB's subsidiary, is a Nordic distributor of steel and nonferrous metals. Ruukki Construction, another subsidiary of SSAB, is a Europe-based provider of energy-efficient building and construction solutions. Steel products represent the majority of the company's sales. SSAB predominantly serves customers from heavy transport, construction, automotive, construction machinery, energy, and other sectors. SSAB generates majority of its revenue from Europe.