Cessatech AS (XSAT:CESSA) Retained Earnings : kr12.05 Mil (As of Jun. 2024)

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What is Cessatech AS Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Cessatech AS's retained earnings for the quarter that ended in Jun. 2024 was kr12.05 Mil.

Cessatech AS's quarterly retained earnings increased from Dec. 2023 (kr-4.68 Mil) to Mar. 2024 (kr15.43 Mil) but then declined from Mar. 2024 (kr15.43 Mil) to Jun. 2024 (kr12.05 Mil).

Cessatech AS's annual retained earnings declined from Dec. 2021 (kr25.02 Mil) to Dec. 2022 (kr21.10 Mil) and declined from Dec. 2022 (kr21.10 Mil) to Dec. 2023 (kr-4.68 Mil).

Cessatech AS Retained Earnings Historical Data

The historical data trend for Cessatech AS'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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Cessatech AS Retained Earnings Chart

Cessatech AS Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Retained Earnings

12.88

25.02

21.10

-4.68

Cessatech AS Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Retained Earnings	Get a 7-Day Free Trial											11.92	5.47	-4.68	15.43	12.05

Cessatech AS 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.

Cessatech AS (XSAT:CESSA) 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.

Cessatech AS Business Description

Industry

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Traded in Other Exchanges

8GN:Germany

Address

Kanonbadsvej 2, Copenhagen, DNK, 1437

Website

https://www.cessatech.com

Cessatech AS is a pharmaceutical company committed to developing and commercializing evidence-based and innovative medicines for children for the treatment of paediatric acute pain. Its lead asset (CT001) is an analgesic nasal spray for the treatment of acute and planned painful procedures in children.

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