Termo-Rex (WAR:TRR) Retained Earnings : zł15.21 Mil (As of Sep. 2024)

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What is Termo-Rex Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Termo-Rex's retained earnings for the quarter that ended in Sep. 2024 was zł15.21 Mil.

Termo-Rex's quarterly retained earnings increased from Dec. 2023 (zł13.14 Mil) to Jun. 2024 (zł14.36 Mil) and increased from Jun. 2024 (zł14.36 Mil) to Sep. 2024 (zł15.21 Mil).

Termo-Rex's annual retained earnings declined from Dec. 2021 (zł11.93 Mil) to Dec. 2022 (zł10.42 Mil) but then increased from Dec. 2022 (zł10.42 Mil) to Dec. 2023 (zł13.14 Mil).

Termo-Rex Retained Earnings Historical Data

The historical data trend for Termo-Rex'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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Termo-Rex Retained Earnings Chart

Termo-Rex Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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4.91

9.40

11.93

10.42

13.14

Termo-Rex Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24	Sep24
Retained Earnings	Get a 7-Day Free Trial															11.71	12.85	13.14	14.36	15.21

Termo-Rex 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.

Termo-Rex (WAR:TRR) 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.

Termo-Rex Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Termo-Rex SA (WAR:TRR) » Definitions » Retained Earnings

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Address

Ulica Wojska Polskiego 2i, Jaworzno, POL, 43-603

Website

http://www.termo-rex.pl

Termo-Rex SA is engaged in the heat treatment of steel elements in the energy, petrochemical and shipbuilding industries. The company's services include mobile heat treatment of steel, production of machines and equipment for heat treatment - mobile resistance and induction machines, delivery of thermal insulation, technical ceramics and electrical installation products from renowned domestic and foreign producers and retail sales of fuels under the PKN ORLEN brand.