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New Tech Capital (WAR:NTC) Retained Earnings : zł-34.08 Mil (As of Sep. 2023)


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What is New Tech Capital Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. New Tech Capital's retained earnings for the quarter that ended in Sep. 2023 was zł-34.08 Mil.

New Tech Capital's quarterly retained earnings declined from Dec. 2022 (zł-33.91 Mil) to Mar. 2023 (zł-33.92 Mil) and declined from Mar. 2023 (zł-33.92 Mil) to Sep. 2023 (zł-34.08 Mil).

New Tech Capital's annual retained earnings declined from Dec. 2018 (zł-10.31 Mil) to Dec. 2021 (zł-28.14 Mil) and declined from Dec. 2021 (zł-28.14 Mil) to Dec. 2022 (zł-33.91 Mil).


New Tech Capital Retained Earnings Historical Data

The historical data trend for New Tech Capital'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.

New Tech Capital Retained Earnings Chart

New Tech Capital Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec21 Dec22
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.93 1.35 -10.31 -28.14 -33.91

New Tech Capital Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Mar20 Jun20 Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23
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 -28.35 -28.41 -33.91 -33.92 -34.08

New Tech Capital 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.


New Tech Capital  (WAR:NTC) 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.


New Tech Capital (WAR:NTC) Business Description

Traded in Other Exchanges
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Address
Al. Jana Chrystian Szucha 13/15, Room 16, Warszawa, POL, 00-580
New Tech Capital SA provides financial consulting services. The company offers consulting services in the areas of strategy, finance, foreign exchange risk management, assistance in obtaining capital from the European Union, internal audit, etc. Its portfolio of investments consisted of shares, receivables, and real estates.

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