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NIS AD (XBEL:NIIS) Retained Earnings : RSD288,538 Mil (As of Dec. 2024)


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What is NIS AD Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. NIS AD's retained earnings for the quarter that ended in Dec. 2024 was RSD288,538 Mil.

NIS AD's quarterly retained earnings increased from Jun. 2024 (RSD283,523 Mil) to Sep. 2024 (RSD286,425 Mil) and increased from Sep. 2024 (RSD286,425 Mil) to Dec. 2024 (RSD288,538 Mil).

NIS AD's annual retained earnings increased from Dec. 2022 (RSD267,193 Mil) to Dec. 2023 (RSD288,464 Mil) and increased from Dec. 2023 (RSD288,464 Mil) to Dec. 2024 (RSD288,538 Mil).


NIS AD Retained Earnings Historical Data

The historical data trend for NIS AD'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.

NIS AD Retained Earnings Chart

NIS AD Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 160,729.39 180,685.69 267,193.01 288,463.87 288,538.15

NIS AD Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 288,463.87 290,215.21 283,522.64 286,425.14 288,538.15

NIS AD 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.


NIS AD  (XBEL:NIIS) 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.


NIS AD Business Description

Industry
Traded in Other Exchanges
N/A
Address
Narodnog Fronta 12, Novi Sad, SRB, 21000
NIS AD is vertically-integrated energy company operating in Serbia. It engages in the exploration, production, and development of crude oil and gas as well as the production of refined petroleum products, petroleum products and gas trading and electric generation and trading. NIS operates through two segments namely Upstream and Downstream. The Upstream segment includes exploration, development, and production of crude oil and natural gas and oil field services whereas the Downstream segment includes refining and marketing, processing of crude oil into refined products and purchases, sale and transport of crude and refined petroleum products. The company's products are compressed natural gas, motor fuels, energy fuels, oils and lubricants, petrochemical products, and other products.

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