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Salzgitter AG (Salzgitter AG) Retained Earnings : $5,126 Mil (As of Mar. 2024)


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What is Salzgitter AG Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Salzgitter AG's retained earnings for the quarter that ended in Mar. 2024 was $5,126 Mil.

Salzgitter AG's quarterly retained earnings declined from Sep. 2023 ($5,169 Mil) to Dec. 2023 ($5,112 Mil) but then increased from Dec. 2023 ($5,112 Mil) to Mar. 2024 ($5,126 Mil).

Salzgitter AG's annual retained earnings increased from Dec. 2021 ($3,633 Mil) to Dec. 2022 ($4,921 Mil) and increased from Dec. 2022 ($4,921 Mil) to Dec. 2023 ($5,112 Mil).


Salzgitter AG Retained Earnings Historical Data

The historical data trend for Salzgitter 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.

Salzgitter AG Retained Earnings Chart

Salzgitter 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 3,174.67 3,156.33 3,633.22 4,921.40 5,111.78

Salzgitter AG Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 5,102.89 5,168.04 5,169.05 5,111.78 5,126.20

Salzgitter 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.


Salzgitter AG  (OTCPK:SZGPY) 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.


Salzgitter AG (Salzgitter AG) Business Description

Address
Eisenhüttenstrasse 99, Salzgitter, DEU, 38239
Salzgitter AG is a German-based steel & technology company. The segments of the company are Steel Production, Steel Processing, Trading, & Technology business. The majority is derived from the trading segment. Steel Production Business Unit manufactures high-quality branded steel & special steel. Steel Processing Business Unit produce a broad spectrum of high-grade plate products. Trading Business Unit operates a tightly-knit European sales network & trading companies & agencies that ensure that Salzgitter Group's products & services are marketed efficiently. Technology Business Unit operates in the filling & packing technology segment, as well as in special machinery engineering for shoe manufacturing & elastomer production. Geographically, the majority is derived from domestic markets.

Salzgitter AG (Salzgitter AG) Headlines

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