GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Balco Group AB (OSTO:BALCO) » Definitions » Retained Earnings

Balco Group AB (OSTO:BALCO) Retained Earnings : kr190 Mil (As of Mar. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Balco Group AB Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Balco Group AB's retained earnings for the quarter that ended in Mar. 2024 was kr190 Mil.

Balco Group AB's quarterly retained earnings declined from Sep. 2023 (kr207 Mil) to Dec. 2023 (kr197 Mil) and declined from Dec. 2023 (kr197 Mil) to Mar. 2024 (kr190 Mil).

Balco Group AB's annual retained earnings increased from Dec. 2021 (kr154 Mil) to Dec. 2022 (kr184 Mil) and increased from Dec. 2022 (kr184 Mil) to Dec. 2023 (kr197 Mil).


Balco Group AB Retained Earnings Historical Data

The historical data trend for Balco Group AB'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.

Balco Group AB Retained Earnings Chart

Balco Group AB 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 -13.78 63.86 154.10 183.73 196.71

Balco Group AB 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 197.50 201.70 207.00 196.71 190.20

Balco Group AB 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.


Balco Group AB  (OSTO:BALCO) 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.


Balco Group AB (OSTO:BALCO) Business Description

Traded in Other Exchanges
Address
Algvagen 4, Vaxjo, SWE, 352 45
Balco Group AB provides expertise in supplying glazed balconies and balcony solutions. It offers customer-adapted and balcony solutions to tenant-owner associations, the public housing sector, private landlords, and construction companies. Its operating segment includes Renovation, New Build, and others. It generates maximum revenue from the Renovation segment. Geographically, it derives a majority of its revenue from Sweden and also has a presence in Germany, Norway, Denmark the United Kingdom, Netherlands, Finland, and Switzerland.

Balco Group AB (OSTO:BALCO) Headlines

No Headlines