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Fabryki Mebli Forte (WAR:FTE) Retained Earnings : zł636 Mil (As of Jun. 2024)


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What is Fabryki Mebli Forte Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Fabryki Mebli Forte's retained earnings for the quarter that ended in Jun. 2024 was zł636 Mil.

Fabryki Mebli Forte's quarterly retained earnings increased from Dec. 2023 (zł639 Mil) to Mar. 2024 (zł648 Mil) but then declined from Mar. 2024 (zł648 Mil) to Jun. 2024 (zł636 Mil).

Fabryki Mebli Forte's annual retained earnings increased from Dec. 2019 (zł642 Mil) to Dec. 2020 (zł692 Mil) but then declined from Dec. 2020 (zł692 Mil) to Dec. 2021 (zł668 Mil).


Fabryki Mebli Forte Retained Earnings Historical Data

The historical data trend for Fabryki Mebli Forte'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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Fabryki Mebli Forte Retained Earnings Chart

Fabryki Mebli Forte Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 125.41 597.09 642.21 691.90 668.21

Fabryki Mebli Forte Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Jun23 Sep23 Dec23 Mar24 Jun24
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 709.80 638.37 639.17 647.89 636.50

Fabryki Mebli Forte 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.


Fabryki Mebli Forte  (WAR:FTE) 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.


Fabryki Mebli Forte Business Description

Traded in Other Exchanges
N/A
Address
ul. Biala 1, Ostrow Mazowiecka, POL, 07 - 300
Fabryki Mebli Forte SA is a manufacturer of furniture for self-assembly with a specialization in home, office, and kitchen furniture. Its product offerings include furniture systems for the lounge, dining room, bedroom, living room, sitting room, study, and children's room, as well as wall units, ready-made cabinets that can be put together in different arrangements, as well as customized kitchen projects. It has state-of-the-art manufacturing plants located in Ostrow Mazowiecka, Suwalki, Bialystok, and Hajnowka.

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