GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Sporting Clube de Portugal-Futebol (STU:SCG) » Definitions » Retained Earnings

Sporting Clube de Portugal-Futebol (STU:SCG) Retained Earnings : €58.26 Mil (As of Dec. 2023)


View and export this data going back to . Start your Free Trial

What is Sporting Clube de Portugal-Futebol Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Sporting Clube de Portugal-Futebol's retained earnings for the quarter that ended in Dec. 2023 was €58.26 Mil.

Sporting Clube de Portugal-Futebol's quarterly retained earnings declined from Dec. 2022 (€47.47 Mil) to Jun. 2023 (€25.21 Mil) but then increased from Jun. 2023 (€25.21 Mil) to Dec. 2023 (€58.26 Mil).

Sporting Clube de Portugal-Futebol's annual retained earnings increased from Jun. 2021 (€-32.96 Mil) to Jun. 2022 (€25.01 Mil) and increased from Jun. 2022 (€25.01 Mil) to Jun. 2023 (€25.21 Mil).


Sporting Clube de Portugal-Futebol Retained Earnings Historical Data

The historical data trend for Sporting Clube de Portugal-Futebol'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.

* Premium members only.

Sporting Clube de Portugal-Futebol Retained Earnings Chart

Sporting Clube de Portugal-Futebol Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.88 12.52 -32.96 25.01 25.21

Sporting Clube de Portugal-Futebol Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Jun23 Dec23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.48 25.01 47.47 25.21 58.26

Sporting Clube de Portugal-Futebol 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.


Sporting Clube de Portugal-Futebol  (STU:SCG) 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.


Sporting Clube de Portugal-Futebol (STU:SCG) Business Description

Traded in Other Exchanges
Address
Rua Professor Fernando da Fonseca, Estadio Jose de Alvalade, Apartado 4120, Lisbon, PRT, 1501-806
Sporting Clube de Portugal-Futebol is a football club playing in Portugal's First Division. Its other sports include basketball, hockey and athletics and are played in the stadium owned by the company. The group generates revenue from two sources commercial and sports which include a sale of audiovisual rights, from sponsorships, from the sale of advertising space, sale of tickets for games and subscriptions.

Sporting Clube de Portugal-Futebol (STU:SCG) Headlines