SHP Celex a.d (XBLB:CELX-R-A) Retained Earnings: BAM-5.61 Mil (As of Dec. 2013)


What is SHP Celex a.d Retained Earnings?

SHP Celex a.d XBLB:CELX-R-A Retained Earnings is BAM-5.61 Mil as of Dec. 2013.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. SHP Celex a.d's retained earnings for the quarter that ended in Dec. 2013 was BAM-5.61 Mil.

SHP Celex a.d's quarterly retained earnings increased from . 20 (BAM0.00 Mil) to Dec. 2012 (BAM-4.37 Mil) but then declined from Dec. 2012 (BAM-4.37 Mil) to Dec. 2013 (BAM-5.61 Mil).

SHP Celex a.d's annual retained earnings increased from . 20 (BAM0.00 Mil) to Dec. 2012 (BAM-4.37 Mil) but then declined from Dec. 2012 (BAM-4.37 Mil) to Dec. 2013 (BAM-5.61 Mil).

SHP Celex a.d  (XBLB:CELX-R-A) 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.

SHP Celex a.d Retained Earnings Historical Data

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The historical data trend for SHP Celex 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.

SHP Celex a.d Retained Earnings Chart

SHP Celex a.d Annual Data
Trend Dec12 Dec13
Retained Earnings
-4.37 -5.61

SHP Celex a.d Semi-Annual Data
Dec12 Dec13
Retained Earnings -4.37 -5.61

SHP Celex 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.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of BAM-5.61 Mil mean?
SHP Celex a.d (XBLB:CELX-R-A) has a Retained Earnings of BAM-5.61 Mil as of Dec. 2013. Retained earnings is the amount of net income not issued to shareholders. View historical data on SHP Celex a.d and its competitors.
Is SHP Celex a.d's Retained Earnings too high?
SHP Celex a.d's current Retained Earnings is BAM-5.61 Mil.
How does SHP Celex a.d's Retained Earnings compare to RBCL and PNAT?
SHP Celex a.d's Retained Earnings of BAM-5.61 Mil can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Consumer Packaged Goods company?
A good Retained Earnings depends on the Consumer Packaged Goods industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on SHP Celex a.d and its competitors. SHP Celex a.d's current Retained Earnings is BAM-5.61 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SHP Celex a.d stock overvalued right now?
SHP Celex a.d (XBLB:CELX-R-A) has a current Retained Earnings of BAM-5.61 Mil. The current Retained Earnings is BAM-5.61 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For SHP Celex a.d (XBLB:CELX-R-A), the current Retained Earnings is BAM-5.61 Mil as of Dec. 2013. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

SHP Celex a.d Business Description

Address Veljka Mladjenoviaea bb, Banja Luka, BIH, 78102
SHP Celex a.d. operates in the industry of household and personal products. The company is engaged in manufacturing of hygienic papers in Central and South Eastern Europe. The products of the company include toilet paper, kitchen towels, handkerchiefs, facial tissues, and napkins.