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Lavena AD - Shumen (XBUL:LAV) Retained Earnings : лв2.15 Mil (As of Sep. 2024)


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What is Lavena AD - Shumen Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Lavena AD - Shumen's retained earnings for the quarter that ended in Sep. 2024 was лв2.15 Mil.

Lavena AD - Shumen's quarterly retained earnings declined from Mar. 2024 (лв1.97 Mil) to Jun. 2024 (лв1.47 Mil) but then increased from Jun. 2024 (лв1.47 Mil) to Sep. 2024 (лв2.15 Mil).

Lavena AD - Shumen's annual retained earnings declined from Dec. 2020 (лв2.21 Mil) to Dec. 2021 (лв1.33 Mil) and declined from Dec. 2021 (лв1.33 Mil) to Dec. 2022 (лв1.05 Mil).


Lavena AD - Shumen Retained Earnings Historical Data

The historical data trend for Lavena AD - Shumen'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.

Lavena AD - Shumen Retained Earnings Chart

Lavena AD - Shumen Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.80 0.90 2.21 1.33 1.05

Lavena AD - Shumen Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24 Jun24 Sep24
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 1.39 1.74 1.97 1.47 2.15

Lavena AD - Shumen 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.


Lavena AD - Shumen  (XBUL:LAV) 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.


Lavena AD - Shumen Business Description

Traded in Other Exchanges
N/A
Address
Industrial area, p.o.box 114, Shumen, BGR, 9700
Lavena AD - Shumen is engaged in production and trade of essential oils, cosmetic and liquid herbal and syrup solutions. Its products are categorized as: Essential Oils, Hair Care, Children Care, Face And Body Care, Oral Care, and Aromatherapy.

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