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Solaris Oilfield Infrastructure (FRA:68S) Retained Earnings : €15.8 Mil (As of Mar. 2024)


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What is Solaris Oilfield Infrastructure Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Solaris Oilfield Infrastructure's retained earnings for the quarter that ended in Mar. 2024 was €15.8 Mil.

Solaris Oilfield Infrastructure's quarterly retained earnings increased from Sep. 2023 (€15.8 Mil) to Dec. 2023 (€15.9 Mil) but then declined from Dec. 2023 (€15.9 Mil) to Mar. 2024 (€15.8 Mil).

Solaris Oilfield Infrastructure's annual retained earnings increased from Dec. 2021 (€5.2 Mil) to Dec. 2022 (€12.1 Mil) and increased from Dec. 2022 (€12.1 Mil) to Dec. 2023 (€15.9 Mil).


Solaris Oilfield Infrastructure Retained Earnings Historical Data

The historical data trend for Solaris Oilfield Infrastructure'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.

Solaris Oilfield Infrastructure Retained Earnings Chart

Solaris Oilfield Infrastructure Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only 66.80 16.89 5.24 12.13 15.88

Solaris Oilfield Infrastructure Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 12.22 14.06 15.75 15.88 15.76

Solaris Oilfield Infrastructure 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.


Solaris Oilfield Infrastructure  (FRA:68S) 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.


Solaris Oilfield Infrastructure (FRA:68S) Business Description

Traded in Other Exchanges
Address
9811 Katy Freeway, Suite 700, Houston, TX, USA, 77024
Solaris Oilfield Infrastructure Inc provides oilfield products, services and infrastructure to enhance drilling, completions, efficiency and safety in North American shale plays. The company manufactures and provides its patented mobile proppant management systems that unload, store and deliver proppant at oil and natural gas well sites. Its systems reduce the customers' cost and time to complete wells by improving the efficiency of proppant logistics, in addition to enhancing well site safety. Its customers include oil and natural gas exploration and production companies as well as oilfield service companies. The company generates revenue primarily through the rental of its systems and related services, including transportation of systems and field supervision and support.

Solaris Oilfield Infrastructure (FRA:68S) Headlines

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