Tulikivi Oyj (OHEL:TULAV) Retained Earnings : €-2.40 Mil (As of Mar. 2024)

View and export this data going back to 1988. Start your Free Trial

What is Tulikivi Oyj Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Tulikivi Oyj's retained earnings for the quarter that ended in Mar. 2024 was €-2.40 Mil.

Tulikivi Oyj's quarterly retained earnings increased from Sep. 2023 (€-2.80 Mil) to Dec. 2023 (€-2.50 Mil) and increased from Dec. 2023 (€-2.50 Mil) to Mar. 2024 (€-2.40 Mil).

Tulikivi Oyj's annual retained earnings increased from Dec. 2021 (€-11.09 Mil) to Dec. 2022 (€-6.26 Mil) and increased from Dec. 2022 (€-6.26 Mil) to Dec. 2023 (€-2.50 Mil).

Tulikivi Oyj Retained Earnings Historical Data

The historical data trend for Tulikivi Oyj'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.

Tulikivi Oyj Retained Earnings Chart

Tulikivi Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

Get a 7-Day Free Trial

-12.98

-12.75

-11.09

-6.26

-2.50

Tulikivi Oyj 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															-5.50	-3.80	-2.80	-2.50	-2.40

Tulikivi Oyj 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.

Tulikivi Oyj (OHEL:TULAV) 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.

Tulikivi Oyj (OHEL:TULAV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Tulikivi Oyj (OHEL:TULAV) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kuhnustantie 22, Juuka, FIN, FI-83900

Website

https://www.tulikivi.com

Tulikivi Oyj specializes in high-quality fireplaces, sauna heaters and decorative stone products made from natural materials. The company's factories are located in Juuka, Suomussalmi, and Heinävesi. In factories it manufactures fireplaces from both soapstone and ceramic pulp, as well as surface upholstery for other fireplace manufacturers. In addition, it manufactures the most modern, versatile heaters on the market for both wood and electric saunas. The group also provides wonderful decorative stone solutions for all areas of the home, stone countertops and tiles and mosaics.

Tulikivi Oyj (OHEL:TULAV) Headlines

No Headlines