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NIBE Industrier AB (XSWX:NIBEB) Retained Earnings : CHF1,913 Mil (As of Dec. 2023)


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What is NIBE Industrier AB Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. NIBE Industrier AB's retained earnings for the quarter that ended in Dec. 2023 was CHF1,913 Mil.

NIBE Industrier AB's quarterly retained earnings stayed the same from Jun. 2023 (CHF0 Mil) to Sep. 2023 (CHF0 Mil) but then increased from Sep. 2023 (CHF0 Mil) to Dec. 2023 (CHF1,913 Mil).

NIBE Industrier AB's annual retained earnings increased from Dec. 2021 (CHF1,579 Mil) to Dec. 2022 (CHF1,731 Mil) and increased from Dec. 2022 (CHF1,731 Mil) to Dec. 2023 (CHF1,913 Mil).


NIBE Industrier AB Retained Earnings Historical Data

The historical data trend for NIBE Industrier AB'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.

NIBE Industrier AB Retained Earnings Chart

NIBE Industrier AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,121.73 1,375.13 1,579.35 1,731.24 1,913.12

NIBE Industrier AB Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1,731.24 - - - 1,913.12

NIBE Industrier AB 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.


NIBE Industrier AB  (XSWX:NIBEB) 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.


NIBE Industrier AB (XSWX:NIBEB) Business Description

Address
Hannabadsvagen 5, Box 14, Markaryd, SWE, SE- 285 21
NIBE Industrier AB manufactures and sells energy-efficient products for industrial and consumer use. The firm is organized into three segments by product type. The climate solutions segment, which generates the majority of revenue, sells HVAC systems and hot water heaters to homes, apartment buildings, and other large properties. The elements segment sells components and elements to multiple industries, including appliance manufacturers, home remodelers, energy, and automotive. The stoves segment sells energy-efficient stoves and chimney systems to residential and commercial customers. The vast majority of revenue comes from Europe.

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