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Current Water Technologies (FRA:3EN) Retained Earnings : €-20.20 Mil (As of Dec. 2023)


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What is Current Water Technologies Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Current Water Technologies's retained earnings for the quarter that ended in Dec. 2023 was €-20.20 Mil.

Current Water Technologies's quarterly retained earnings increased from Jun. 2023 (€-20.51 Mil) to Sep. 2023 (€-20.31 Mil) and increased from Sep. 2023 (€-20.31 Mil) to Dec. 2023 (€-20.20 Mil).

Current Water Technologies's annual retained earnings declined from Dec. 2021 (€-20.01 Mil) to Dec. 2022 (€-20.84 Mil) but then increased from Dec. 2022 (€-20.84 Mil) to Dec. 2023 (€-20.20 Mil).


Current Water Technologies Retained Earnings Historical Data

The historical data trend for Current Water Technologies'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.

Current Water Technologies Retained Earnings Chart

Current Water Technologies 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 -18.50 -17.57 -20.01 -20.84 -20.20

Current Water Technologies 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 -20.84 -20.25 -20.51 -20.31 -20.20

Current Water Technologies 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.


Current Water Technologies  (FRA:3EN) 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.


Current Water Technologies (FRA:3EN) Business Description

Traded in Other Exchanges
Address
70 Southgate Drive, Unit 4, Guelph, ON, CAN, N1G 4P5
Current Water Technologies Inc is engaged in the development of environmental technologies. The company offers advanced technology for the treatment of industrial and municipal wastewater and drinking water resources. It offers technology such as electro-static deionization and the treatment of total ammonia (AmmEL). Electro-static deionization is a capacitive deionization technology for the removal of total dissolved solids, whereas AmmEL is an ammonia removal technology to treat ammonia contaminated water. It operates through the following segments: The current Water segment and the Pumptronics segment. The firm generates the majority of revenue from the Pumptronics segment which develops hydraulic fluid systems to move water and other liquids.

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