GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » City Service SE (WAR:CTS) » Definitions » Retained Earnings

City Service SE (WAR:CTS) Retained Earnings : zł44.5 Mil (As of Dec. 2024)


View and export this data going back to 2015. Start your Free Trial

What is City Service SE Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. City Service SE's retained earnings for the quarter that ended in Dec. 2024 was zł44.5 Mil.

City Service SE's quarterly retained earnings increased from Jun. 2024 (zł31.1 Mil) to Sep. 2024 (zł41.5 Mil) and increased from Sep. 2024 (zł41.5 Mil) to Dec. 2024 (zł44.5 Mil).

City Service SE's annual retained earnings increased from Dec. 2022 (zł-53.9 Mil) to Dec. 2023 (zł24.1 Mil) and increased from Dec. 2023 (zł24.1 Mil) to Dec. 2024 (zł44.5 Mil).


City Service SE Retained Earnings Historical Data

The historical data trend for City Service SE'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.

City Service SE Retained Earnings Chart

City Service SE Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 90.79 -37.69 -53.90 24.10 44.51

City Service SE 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 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 24.10 27.92 31.14 41.52 44.51

City Service SE 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.


City Service SE  (WAR:CTS) 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.


City Service SE Business Description

Traded in Other Exchanges
N/A
Address
Narva mnt. 5, Tallinn, EST, 10117
City Service SE is a holding company. The company controls a group engaged in the provision of facility management and integrated utility services in Western, Central, and Eastern Europe. The principal areas of company activities include Apartment building administration, Commercial facility management, Territory cleaning & Maintenance, and Other activities. The Group is organized into business units based on services provided and has one main reportable segment: Buildings' administration which includes services of administration and maintenance of commercial and residential buildings.