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SVZRF (Svitzer Group AS) Retained Earnings : $371.4 Mil (As of Dec. 2024)


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What is Svitzer Group AS Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Svitzer Group AS's retained earnings for the quarter that ended in Dec. 2024 was $371.4 Mil.

Svitzer Group AS's quarterly retained earnings increased from Dec. 2023 ($330.8 Mil) to Jun. 2024 ($345.1 Mil) and increased from Jun. 2024 ($345.1 Mil) to Dec. 2024 ($371.4 Mil).

Svitzer Group AS's annual retained earnings increased from Dec. 2022 ($0.0 Mil) to Dec. 2023 ($330.8 Mil) and increased from Dec. 2023 ($330.8 Mil) to Dec. 2024 ($371.4 Mil).

Svitzer Group AS Retained Earnings Historical Data

The historical data trend for Svitzer Group AS'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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Svitzer Group AS Retained Earnings Chart

Svitzer Group AS Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Retained Earnings
- - 330.81 371.38

Svitzer Group AS Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24 Dec24
Retained Earnings Get a 7-Day Free Trial - - 330.81 345.13 371.38

Svitzer Group AS 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.

Svitzer Group AS  (OTCPK:SVZRF) 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.

Svitzer Group AS Business Description

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Traded in Other Exchanges
SVITZR:Denmark 9Y1:Germany
Address
Sundkrogsgade 17, Copenhagen, DNK, 2100
Website
https://www.svitzer.com
Svitzer Group AS is in sustainable marine services. It provides customers with business-critical and safe towage services and maritime solutions. Company have divided its towage service business into two main areas: Harbour Towage: In Harbour Towage, company enter into agreements with vessel owners or operators to provide towage services for their vessels in specific ports; and Terminal Towage , company enter into agreements with on and offshore terminal operators or other customers for the delivery of towage services by making a pre-determined number of tugboats, and sometimes other vessels, available to service all vessels that enter or leave the specific terminal. The company operates in various countries such as Australia, Europe, America, AMEA, with majority from Australia.