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Ericsson Nikola Tesla dd (ZAG:ERNT) Retained Earnings : €57.1 Mil (As of Mar. 2024)


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What is Ericsson Nikola Tesla dd Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Ericsson Nikola Tesla dd's retained earnings for the quarter that ended in Mar. 2024 was €57.1 Mil.

Ericsson Nikola Tesla dd's quarterly retained earnings increased from Jun. 2023 (€40.7 Mil) to Sep. 2023 (€49.2 Mil) and increased from Sep. 2023 (€49.2 Mil) to Mar. 2024 (€57.1 Mil).

Ericsson Nikola Tesla dd's annual retained earnings increased from Dec. 2020 (€25.0 Mil) to Dec. 2021 (€31.3 Mil) and increased from Dec. 2021 (€31.3 Mil) to Dec. 2022 (€35.2 Mil).


Ericsson Nikola Tesla dd Retained Earnings Historical Data

The historical data trend for Ericsson Nikola Tesla dd'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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Ericsson Nikola Tesla dd Retained Earnings Chart

Ericsson Nikola Tesla dd 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 20.28 21.54 25.01 31.34 35.19

Ericsson Nikola Tesla dd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
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 35.19 - 40.73 49.17 57.05

Ericsson Nikola Tesla dd 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.


Ericsson Nikola Tesla dd  (ZAG:ERNT) 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.


Ericsson Nikola Tesla dd (ZAG:ERNT) Business Description

Traded in Other Exchanges
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Address
Krapinska 45, PO Box 93, Zagreb, HRV, 10002
Ericsson Nikola Tesla dd is a provider of communication products and services and ICT solutions related to healthcare, national and public safety, state administration, transport, utilities, and multimedia communication. The company's activities include marketing and sales, research and development, design of total communication solutions, services in multi-service and mobile networks area, including mobile Internet and complex system integration in all business areas. It operates in four segments Networks, Digital Services, Managed Services, and Others.

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