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Electra Consumer Products (XTAE:ECP) Retained Earnings : ₪211 Mil (As of Dec. 2024)


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What is Electra Consumer Products Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Electra Consumer Products's retained earnings for the quarter that ended in Dec. 2024 was ₪211 Mil.

Electra Consumer Products's quarterly retained earnings increased from Jun. 2024 (₪177 Mil) to Sep. 2024 (₪208 Mil) and increased from Sep. 2024 (₪208 Mil) to Dec. 2024 (₪211 Mil).

Electra Consumer Products's annual retained earnings declined from Dec. 2022 (₪295 Mil) to Dec. 2023 (₪159 Mil) but then increased from Dec. 2023 (₪159 Mil) to Dec. 2024 (₪211 Mil).


Electra Consumer Products Retained Earnings Historical Data

The historical data trend for Electra Consumer Products'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.

Electra Consumer Products Retained Earnings Chart

Electra Consumer Products Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 158.00 252.12 295.04 159.00 211.00

Electra Consumer Products Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 159.00 177.36 177.46 207.76 211.00

Electra Consumer Products 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.


Electra Consumer Products  (XTAE:ECP) 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.


Electra Consumer Products Business Description

Traded in Other Exchanges
N/A
Address
1 Sapir Street, New Industrial Zone, Rishon Lezion, ISR, 75704
Electra Consumer Products Ltd engages in the field of household electrical appliances, air conditioning, and communications. The group operates in three fields of operations of which the First field is importing, manufacturing, exporting, marketing, sale, and distribution of electrical consumer products as well as the provision of services for products; the Second field consists of the operation of retail marketing chains for the sale of electrical consumer products in Israel and the Third field includes the operation of "Do It Yourself" chains - retail chains specializing in the provision of home design and maintenance solutions and in the field of products for motor vehicles field. Geographically, the firm is Israel based and it derives revenue from sales and the provision of services.

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