Dunav osiguranje AD (XBLB:KDVO-R-A) Retained Earnings: BAM-0.03 Mil (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XBLB:KDVO-R-A Dunav osiguranje AD XBLB:KDVO-R-A
19 GF Score
Price BAM34.00
GF Value BAM45.98
! 2 Warning Signs
View Full Analysis

What is Dunav osiguranje AD Retained Earnings?

Dunav osiguranje AD XBLB:KDVO-R-A 19 Retained Earnings is BAM-0.03 Mil as of Dec. 2025. GuruFocus rates XBLB:KDVO-R-A with a GF Score™ of 19/100 and a GF Value™ of BAM45.98. The stock has 2 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Dunav osiguranje AD's retained earnings for the quarter that ended in Dec. 2025 was BAM-0.03 Mil.

Dunav osiguranje AD's quarterly retained earnings declined from Dec. 2024 (BAM0.00 Mil) to Jun. 2025 (BAM0.00 Mil) and declined from Jun. 2025 (BAM0.00 Mil) to Dec. 2025 (BAM-0.03 Mil).

Dunav osiguranje AD's annual retained earnings increased from Dec. 2023 (BAM0.00 Mil) to Dec. 2024 (BAM0.00 Mil) but then declined from Dec. 2024 (BAM0.00 Mil) to Dec. 2025 (BAM-0.03 Mil).


Dunav osiguranje AD  (XBLB:KDVO-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.


Dunav osiguranje AD Retained Earnings Historical Data

* Premium members only.

The historical data trend for Dunav osiguranje 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.

Dunav osiguranje AD Retained Earnings Chart

Dunav osiguranje AD Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 -0.03

Dunav osiguranje AD Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.00 0.00 0.00 0.00 -0.03
XBLB:KDVO-R-A
19GF Score
Dunav osiguranje AD XBLB:KDVO-R-A
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dunav osiguranje 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.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of BAM-0.03 Mil mean?
Dunav osiguranje AD (XBLB:KDVO-R-A) has a Retained Earnings of BAM-0.03 Mil as of Dec. 2025. Retained earnings is the amount of net income not issued to shareholders. View historical data on Dunav osiguranje AD and its competitors.
Is Dunav osiguranje AD's Retained Earnings too high?
Dunav osiguranje AD's current Retained Earnings is BAM-0.03 Mil. Overall, Dunav osiguranje AD has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Dunav osiguranje AD's Retained Earnings compare to BRK.A and AIG?
Dunav osiguranje AD's Retained Earnings of BAM-0.03 Mil can be compared against companies in the Insurance 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 an Insurance company?
A good Retained Earnings depends on the Insurance 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 Dunav osiguranje AD and its competitors. Dunav osiguranje AD's current Retained Earnings is BAM-0.03 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dunav osiguranje AD stock overvalued right now?
Dunav osiguranje AD (XBLB:KDVO-R-A) has a current Retained Earnings of BAM-0.03 Mil. The stock's GF Value™ is BAM45.98, compared to a current price of BAM34.00 — trading 26.1% below its estimated fair value. The current Retained Earnings is BAM-0.03 Mil. Dunav osiguranje AD's overall GF Score™ is 19/100 with 2 warning signs to review. 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 Dunav osiguranje AD (XBLB:KDVO-R-A), the current Retained Earnings is BAM-0.03 Mil as of Dec. 2025. 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.

Is Dunav osiguranje AD (XBLB:KDVO-R-A) Overvalued in 2026?

Based on GuruFocus' analysis, Dunav osiguranje AD stock appears to be undervalued. The current stock price of BAM34.00 is trading 26.1% below its estimated GF Value™ of BAM45.98.

Key valuation signals for XBLB:KDVO-R-A:

  • Retained Earnings: BAM-0.03 Mil
  • GF Value™: BAM45.98 vs. price of BAM34.00 (26.1% below fair value)
  • GF Score™: 19/100 with 2 warning signs

No single metric tells the full story. See the XBLB:KDVO-R-A stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dunav osiguranje AD Business Description

Address Veselina Maslese 28, Banja Luka, Republika Srpska, BIH, 78000
Dunav osiguranje AD operates in the insurance industry in Bosnia and Herzegovina. The company offers property insurance, motor vehicle insurance, life insurance, travel health insurance, and insurance for agriculture and crops.
19GF Score

Get the complete analysis for XBLB:KDVO-R-A

Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

BAM34.00
Price
BAM45.98
GF Value