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PJSC Mining & Metallurgical Co Norilsk Nickel (WBO:MNOD) Retained Earnings : €10,384 Mil (As of Dec. 2023)


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What is PJSC Mining & Metallurgical Co Norilsk Nickel Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. PJSC Mining & Metallurgical Co Norilsk Nickel's retained earnings for the quarter that ended in Dec. 2023 was €10,384 Mil.

PJSC Mining & Metallurgical Co Norilsk Nickel's quarterly retained earnings increased from Dec. 2022 (€9,863 Mil) to Jun. 2023 (€10,384 Mil) and increased from Jun. 2023 (€10,384 Mil) to Dec. 2023 (€10,384 Mil).

PJSC Mining & Metallurgical Co Norilsk Nickel's annual retained earnings increased from Dec. 2021 (€7,243 Mil) to Dec. 2022 (€9,863 Mil) and increased from Dec. 2022 (€9,863 Mil) to Dec. 2023 (€10,384 Mil).


PJSC Mining & Metallurgical Co Norilsk Nickel Retained Earnings Historical Data

The historical data trend for PJSC Mining & Metallurgical Co Norilsk Nickel'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.

PJSC Mining & Metallurgical Co Norilsk Nickel Retained Earnings Chart

PJSC Mining & Metallurgical Co Norilsk Nickel 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 6,706.80 2,628.92 7,242.84 9,862.91 10,384.11

PJSC Mining & Metallurgical Co Norilsk Nickel Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 7,242.84 9,724.88 9,862.91 10,383.75 10,384.11

PJSC Mining & Metallurgical Co Norilsk Nickel 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.


PJSC Mining & Metallurgical Co Norilsk Nickel  (WBO:MNOD) 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.


PJSC Mining & Metallurgical Co Norilsk Nickel (WBO:MNOD) Business Description

Traded in Other Exchanges
Address
15, 1st Krasnogvardeysky Drive, Moscow, RUS, 123100
PJSC Mining & Metallurgical Co Norilsk Nickel is a metal and mining company engaged in activities such as exploration, extraction, refining of ore and nonmetallic minerals, and sale of base and precious minerals. The company is organized into seven operating business segments: GMK Group, South Cluster, KGMK Group, NN Harjavalta, GRK Bystrinskoye, other mining, and other nonmetallurgical. The majority of the company's revenue is derived from the GMK Group segment which includes mining, processing and other metallurgy operations, and sale of precious metals. More than half the company's consolidated revenue is earned from the sale of metals to customers in Europe.

PJSC Mining & Metallurgical Co Norilsk Nickel (WBO:MNOD) Headlines

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