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The Swatch Group AG (The Swatch Group AG) Retained Earnings : $17,826 Mil (As of Dec. 2023)


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What is The Swatch Group AG Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. The Swatch Group AG's retained earnings for the quarter that ended in Dec. 2023 was $17,826 Mil.

The Swatch Group AG's quarterly retained earnings increased from Dec. 2022 ($15,949 Mil) to Jun. 2023 ($16,696 Mil) and increased from Jun. 2023 ($16,696 Mil) to Dec. 2023 ($17,826 Mil).

The Swatch Group AG's annual retained earnings increased from Dec. 2021 ($15,566 Mil) to Dec. 2022 ($15,949 Mil) and increased from Dec. 2022 ($15,949 Mil) to Dec. 2023 ($17,826 Mil).


The Swatch Group AG Retained Earnings Historical Data

The historical data trend for The Swatch Group AG'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.

The Swatch Group AG Retained Earnings Chart

The Swatch Group AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14,336.45 15,479.51 15,565.69 15,948.91 17,826.09

The Swatch Group AG 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 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 15,565.69 14,803.13 15,948.91 16,695.91 17,826.09

The Swatch Group AG 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.


The Swatch Group AG  (OTCPK:SWGNF) 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.


The Swatch Group AG (The Swatch Group AG) Business Description

Address
Seevorstadt 6, Bienne, CHE, 2501
Swatch Group's biggest brands are Omega (number-two Swiss watch brand by sales after Rolex), Longines (the largest premium watch brand and number four by sales globally), Breguet, Tissot (the leader in midrange Swiss watches), and Swatch. Swatch group employs over 31,000 people, half of them in Switzerland. We estimate that Swatch Group makes about 30% of its sales from Omega, 17% from ultraluxury brands, 20% from Longines, 10% from Tissot, and 6% from Swatch. We estimate Omega and Longines to be the group's most profitable brands.

The Swatch Group AG (The Swatch Group AG) Headlines

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