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Sandoz Group AG (Sandoz Group AG) Retained Earnings : $0 Mil (As of Dec. 2023)


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What is Sandoz Group AG Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Sandoz Group AG's retained earnings for the quarter that ended in Dec. 2023 was $0 Mil.

Sandoz Group AG's quarterly retained earnings increased from . 20 ($0 Mil) to Dec. 2022 ($-0 Mil) and increased from Dec. 2022 ($-0 Mil) to Dec. 2023 ($0 Mil).

Sandoz Group AG's annual retained earnings increased from . 20 ($0 Mil) to Dec. 2022 ($-0 Mil) and increased from Dec. 2022 ($-0 Mil) to Dec. 2023 ($0 Mil).


Sandoz Group AG Retained Earnings Historical Data

The historical data trend for Sandoz 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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Sandoz Group AG Retained Earnings Chart

Sandoz Group AG Annual Data
Trend Dec22 Dec23
Retained Earnings
-0.02 -

Sandoz Group AG Quarterly Data
Dec22 Dec23
Retained Earnings -0.02 -

Sandoz 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.


Sandoz Group AG  (OTCPK:SDZNY) 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.


Sandoz Group AG (Sandoz Group AG) Business Description

Traded in Other Exchanges
Address
Forum 1, Novartis Campus, Basel, CHE, CH-4056
Sandoz is one of the largest generic pharmaceutical manufacturers in the world, generating over $9 billion annually from off-patent drugs. Once part of Novartis, Sandoz spun off and went public in October 2023. Generics, including small molecules and complex injectables, make up roughly 75% of Sandoz's total sales, and the firm has a significant presence in Europe, the United States, and other key international markets. Sandoz generates its remaining sales from biosimilars and is among leaders in the space. Sandoz launched Europe's first biosimilar, Omnitrope, in 2006 as well as U.S.'s first biosimilar, Zarxio, in 2015. It currently has eight commercialized biosimilars in a number of markets and has over 20 assets in pipeline.

Sandoz Group AG (Sandoz Group AG) Headlines

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