Elastic NV (BSP:E2ST34) Retained Earnings : R$-5,087 Mil (As of Apr. 2024)

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What is Elastic NV Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Elastic NV's retained earnings for the quarter that ended in Apr. 2024 was R$-5,087 Mil.

Elastic NV's quarterly retained earnings increased from Oct. 2023 (R$-5,696 Mil) to Jan. 2024 (R$-4,675 Mil) but then declined from Jan. 2024 (R$-4,675 Mil) to Apr. 2024 (R$-5,087 Mil).

Elastic NV's annual retained earnings declined from Apr. 2022 (R$-3,885 Mil) to Apr. 2023 (R$-5,289 Mil) but then increased from Apr. 2023 (R$-5,289 Mil) to Apr. 2024 (R$-5,087 Mil).

Elastic NV Retained Earnings Historical Data

The historical data trend for Elastic NV'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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Elastic NV Retained Earnings Chart

Elastic NV Annual Data

Trend

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Apr24

Retained Earnings

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-2,574.81

-3,415.32

-3,885.38

-5,289.28

-5,086.94

Elastic NV Quarterly Data
	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24
Retained Earnings	Get a 7-Day Free Trial															-5,289.28	-5,289.36	-5,696.13	-4,674.78	-5,086.94

Elastic NV 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.

Elastic NV (BSP:E2ST34) 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.

Elastic NV (BSP:E2ST34) Business Description

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Address

Keizersgracht 281, Amsterdam, NH, NLD, 1016 ED

Website

https://www.elastic.co

Elastic is a software company based in Mountain View, California, focusing on search-adjacent products. Its search engine allows it to process both structured and unstructured data while gleaning insights from that data. The firm's primary focus is on enterprise search, observability, and security.

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