Tecan Group AG (FRA:TEN) Retained Earnings : €1,132 Mil (As of Dec. 2023)

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What is Tecan Group AG Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Tecan Group AG's retained earnings for the quarter that ended in Dec. 2023 was €1,132 Mil.

Tecan Group AG's quarterly retained earnings increased from Dec. 2022 (€995 Mil) to Jun. 2023 (€1,024 Mil) and increased from Jun. 2023 (€1,024 Mil) to Dec. 2023 (€1,132 Mil).

Tecan Group AG's annual retained earnings increased from Dec. 2021 (€825 Mil) to Dec. 2022 (€995 Mil) and increased from Dec. 2022 (€995 Mil) to Dec. 2023 (€1,132 Mil).

Tecan Group AG Retained Earnings Historical Data

The historical data trend for Tecan Group AG'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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Tecan Group AG Retained Earnings Chart

Tecan Group AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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595.44

675.95

825.35

994.54

1,132.06

Tecan Group AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Retained Earnings	Get a 7-Day Free Trial															825.35	884.66	994.54	1,023.78	1,132.06

Tecan Group AG 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.

Tecan Group AG (FRA:TEN) 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.

Tecan Group AG (FRA:TEN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Tecan Group AG (FRA:TEN) » Definitions » Retained Earnings

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TCGGY:USA TCHBF:USA TECNz:UK TECN:Switzerland

Address

Seestrasse 103, Mannedorf, CHE, 8708

Website

https://www.tecan.com

Tecan Group AG sells automated laboratory instruments and solutions for the diagnostics and life science research markets. The firm operates in two segments; Life Sciences Business (end-customer business) segment supplies end users with automated workflow solutions directly. These solutions include laboratory instruments, software packages, application know-how, services, consumables, and spare parts, and Partnering Business (OEM business) segment develops and manufactures OEM instruments and components that are distributed by partner companies under their own names. A majority proportion of Tecan's revenue is generated in the Americas and Europe.