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Fintel Energija a.d (XBEL:FINT) Retained Earnings : RSD1,224 Mil (As of Dec. 2023)


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What is Fintel Energija a.d Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Fintel Energija a.d's retained earnings for the quarter that ended in Dec. 2023 was RSD1,224 Mil.

Fintel Energija a.d's quarterly retained earnings increased from Dec. 2022 (RSD825 Mil) to Jun. 2023 (RSD1,067 Mil) and increased from Jun. 2023 (RSD1,067 Mil) to Dec. 2023 (RSD1,224 Mil).

Fintel Energija a.d's annual retained earnings increased from Dec. 2021 (RSD470 Mil) to Dec. 2022 (RSD825 Mil) and increased from Dec. 2022 (RSD825 Mil) to Dec. 2023 (RSD1,224 Mil).


Fintel Energija a.d Retained Earnings Historical Data

The historical data trend for Fintel Energija a.d'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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Fintel Energija a.d Retained Earnings Chart

Fintel Energija a.d Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial 30.86 7.76 470.39 825.28 1,224.24

Fintel Energija a.d Quarterly Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Sep21 Dec21 Jun22 Sep22 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 553.05 - 825.28 1,066.72 1,224.24

Fintel Energija a.d 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.


Fintel Energija a.d  (XBEL:FINT) 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.


Fintel Energija a.d (XBEL:FINT) Business Description

Traded in Other Exchanges
N/A
Address
Bulevar Mihajla Pupina 115e, 5th Floor, Novi Beograd, SRB, 11000
Fintel Energija a.d is primarily involved in the generation of power business which is sold only to EPS through wind power generation technology. It operates only one operating segment wind renewable energy sector. Currently, the company is engaged in the development, construction, and management of a wind power plant portfolio consisting of new wind farms in the north and northeast of Serbia.

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