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Rosseti Centre And Volga Region PJSC (MIC:MRKP) Retained Earnings : ₽76,950 Mil (As of Dec. 2023)


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What is Rosseti Centre And Volga Region PJSC Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Rosseti Centre And Volga Region PJSC's retained earnings for the quarter that ended in Dec. 2023 was ₽76,950 Mil.

Rosseti Centre And Volga Region PJSC's quarterly retained earnings increased from Jun. 2023 (₽72,268 Mil) to Sep. 2023 (₽75,491 Mil) and increased from Sep. 2023 (₽75,491 Mil) to Dec. 2023 (₽76,950 Mil).

Rosseti Centre And Volga Region PJSC's annual retained earnings increased from Dec. 2021 (₽58,512 Mil) to Dec. 2022 (₽63,144 Mil) and increased from Dec. 2022 (₽63,144 Mil) to Dec. 2023 (₽76,950 Mil).


Rosseti Centre And Volga Region PJSC Retained Earnings Historical Data

The historical data trend for Rosseti Centre And Volga Region PJSC'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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Rosseti Centre And Volga Region PJSC Retained Earnings Chart

Rosseti Centre And Volga Region PJSC 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 45,005.43 51,447.48 58,511.79 63,143.85 76,949.87

Rosseti Centre And Volga Region PJSC 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 63,143.85 69,485.60 72,267.54 75,490.67 76,949.87

Rosseti Centre And Volga Region PJSC 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.


Rosseti Centre And Volga Region PJSC  (MIC:MRKP) 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.


Rosseti Centre And Volga Region PJSC (MIC:MRKP) Business Description

Traded in Other Exchanges
N/A
Address
33 Rozhdestvenskaya Street, Nizhny Novgorod, RUS, 603950
Interregional Distribution Grid Company of Center and Volga Region PJSC engages in the transmission and distribution of power in Russia. It offers power transmission and distribution services to electric grids located in Vladimir, Ivanovo, Kaluga, Kirov, Nizhny Novgorod, Ryazan, and Tula regions, as well as in the Republic of Mary El and the Republic of Udmurtia.

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