Izhstal PAO (MIC:IGST) Retained Earnings : ₽-4,608 Mil (As of Dec. 2021)

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What is Izhstal PAO Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Izhstal PAO's retained earnings for the quarter that ended in Dec. 2021 was ₽-4,608 Mil.

Izhstal PAO's quarterly retained earnings declined from Dec. 2019 (₽-6,347 Mil) to Dec. 2020 (₽-7,165 Mil) but then increased from Dec. 2020 (₽-7,165 Mil) to Dec. 2021 (₽-4,608 Mil).

Izhstal PAO's annual retained earnings declined from Dec. 2019 (₽-6,347 Mil) to Dec. 2020 (₽-7,165 Mil) but then increased from Dec. 2020 (₽-7,165 Mil) to Dec. 2021 (₽-4,608 Mil).

Izhstal PAO Retained Earnings Historical Data

The historical data trend for Izhstal PAO'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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Izhstal PAO Retained Earnings Chart

Izhstal PAO Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Retained Earnings

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-4,413.82

-6,934.17

-6,347.06

-7,164.86

-4,607.53

Izhstal PAO Semi-Annual Data
	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21
Retained Earnings	Get a 7-Day Free Trial								-4,413.82	-6,934.17	-6,347.06	-7,164.86	-4,607.53

Izhstal PAO 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.

Izhstal PAO (MIC:IGST) 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.

Izhstal PAO (MIC:IGST) Business Description

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IGSTP:Russia

Address

Novoazhimova street, 6, Udmurt Republic, Izhevsk, RUS, 426006

Website

http://www.mechel.com

Izhstal PAO is a specialty steel and stainless long products manufacturers. It serves a diverse range of markets including aircraft, defense, automotive, agricultural, power, oil and gas and construction industries. The company produces billets, flat and long rolls, structural shapes and sections, rebar, a wide assortment of hardware, stampings and forgings of carbon, construction, engineering, high-speed, stainless, corrosion-resistant and other specialty steels and alloys.

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