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Rosneft Oil Co (WBO:ROSN) Retained Earnings : €55,517 Mil (As of Dec. 2021)


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What is Rosneft Oil Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Rosneft Oil Co's retained earnings for the quarter that ended in Dec. 2021 was €55,517 Mil.

Rosneft Oil Co's quarterly retained earnings increased from Jun. 2021 (€48,815 Mil) to Sep. 2021 (€51,950 Mil) and increased from Sep. 2021 (€51,950 Mil) to Dec. 2021 (€55,517 Mil).

Rosneft Oil Co's annual retained earnings declined from Dec. 2019 (€58,556 Mil) to Dec. 2020 (€44,033 Mil) but then increased from Dec. 2020 (€44,033 Mil) to Dec. 2021 (€55,517 Mil).


Rosneft Oil Co Retained Earnings Historical Data

The historical data trend for Rosneft Oil Co'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.

Rosneft Oil Co Retained Earnings Chart

Rosneft Oil Co 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 48,628.43 45,643.49 58,556.33 44,032.96 55,516.74

Rosneft Oil Co Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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 44,032.96 45,992.83 48,814.90 51,950.20 55,516.74

Rosneft Oil Co 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.


Rosneft Oil Co  (WBO:ROSN) 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.


Rosneft Oil Co (WBO:ROSN) Business Description

Traded in Other Exchanges
N/A
Address
26/1 Sofiyskaya Embankment, Moscow, RUS, 117997
Rosneft Oil Co is an integrated oil and gas company in which the Russian government is a majority shareholder. The company explores, produces, refines, transports, and sells oil and gas. The majority of revenue is generated from its oil segment, where crude and refined products are sold to international and domestic markets. Upstream, Rosneft's exploration and production is concentrated in Central Russia, with other fields throughout the country. The majority of its crude oil is exported to Europe and Asia. Downstream, the company has several refineries across Russia, which sell refined products to European and Russian markets. This includes many of Rosneft's filling stations, where the company captures additional revenue from gasoline and diesel fuel sales.