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Echo Investment (WAR:ECH) Retained Earnings : zł611 Mil (As of Dec. 2023)


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What is Echo Investment Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Echo Investment's retained earnings for the quarter that ended in Dec. 2023 was zł611 Mil.

Echo Investment's quarterly retained earnings increased from Jun. 2023 (zł580 Mil) to Sep. 2023 (zł628 Mil) but then declined from Sep. 2023 (zł628 Mil) to Dec. 2023 (zł611 Mil).

Echo Investment's annual retained earnings increased from Dec. 2021 (zł500 Mil) to Dec. 2022 (zł577 Mil) and increased from Dec. 2022 (zł577 Mil) to Dec. 2023 (zł611 Mil).


Echo Investment Retained Earnings Historical Data

The historical data trend for Echo Investment'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.

Echo Investment Retained Earnings Chart

Echo Investment 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 281.74 382.42 499.52 577.34 611.35

Echo Investment Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 577.34 588.87 580.11 628.43 611.35

Echo Investment 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.


Echo Investment  (WAR:ECH) 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.


Echo Investment (WAR:ECH) Business Description

Traded in Other Exchanges
Address
Al. Jana Paw?a II 22, Warsaw Office Q22 building, Warsaw, POL, 00-133
Echo Investment SA is a Polish development company that builds projects in the office, retail, and residential sectors. The company divides its revenue-generating businesses into four categories: residential, shopping centers, office buildings, and others. The residential segment handles the rental and sale of properties. In the other segment, accounting, leasing, and development services for external clients generate revenue. The residential and retail segments are responsible for generating the largest portions of revenue. A majority of the company's revenue is earned in Poland.

Echo Investment (WAR:ECH) Headlines