Serinus Energy (WAR:SEN) Retained Earnings : zł-1,576.20 Mil (As of Mar. 2024)

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What is Serinus Energy Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Serinus Energy's retained earnings for the quarter that ended in Mar. 2024 was zł-1,576.20 Mil.

Serinus Energy's quarterly retained earnings declined from Sep. 2023 (zł-1,540.91 Mil) to Dec. 2023 (zł-1,574.27 Mil) and declined from Dec. 2023 (zł-1,574.27 Mil) to Mar. 2024 (zł-1,576.20 Mil).

Serinus Energy's annual retained earnings increased from Dec. 2021 (zł-1,529.36 Mil) to Dec. 2022 (zł-1,522.94 Mil) but then declined from Dec. 2022 (zł-1,522.94 Mil) to Dec. 2023 (zł-1,574.27 Mil).

Serinus Energy Retained Earnings Historical Data

The historical data trend for Serinus Energy'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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Serinus Energy Retained Earnings Chart

Serinus Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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-1,525.92

-1,562.57

-1,529.36

-1,522.94

-1,574.27

Serinus Energy 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															-1,527.94	-1,534.62	-1,540.91	-1,574.27	-1,576.20

Serinus Energy 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.

Serinus Energy (WAR:SEN) 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.

Serinus Energy (WAR:SEN) Business Description

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SNUYF:USA SENX:UK

Address

54 Bath Street, 2nd Floor, The Le Gallais Building, St Helier, JEY, JE1 1FW

Website

https://www.serinusenergy.com

Serinus Energy PLC operates as an oil exploration and development company. The company offers oil and gas production services and it has operations in Romania and Tunisia. The company currently holds three Tunisia concessions: the Sabria concession, the Chouech Es Saida concession, and the Ech Chouech concession. In Romania, it has one of the largest exploration blocks which is the Satu Mare concession.

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