Astra Energy (STU:5OF) Retained Earnings : €-49.47 Mil (As of Feb. 2024)

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What is Astra Energy Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Astra Energy's retained earnings for the quarter that ended in Feb. 2024 was €-49.47 Mil.

Astra Energy's quarterly retained earnings declined from Aug. 2023 (€-48.29 Mil) to Nov. 2023 (€-48.95 Mil) and declined from Nov. 2023 (€-48.95 Mil) to Feb. 2024 (€-49.47 Mil).

Astra Energy's annual retained earnings declined from Aug. 2021 (€-25.41 Mil) to Aug. 2022 (€-41.68 Mil) and declined from Aug. 2022 (€-41.68 Mil) to Aug. 2023 (€-48.29 Mil).

Astra Energy Retained Earnings Historical Data

The historical data trend for Astra Energy'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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Astra Energy Retained Earnings Chart

Astra Energy Annual Data

Trend

Sep05

Aug06

Aug07

Aug08

Aug09

Aug21

Aug22

Aug23

Retained Earnings

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-14.79

-17.53

-25.41

-41.68

-48.29

Astra Energy Quarterly Data
	Aug08	Nov08	Feb09	May09	Aug09	Nov09	Feb10	May10	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Retained Earnings	Get a 7-Day Free Trial															-32.85	-32.57	-48.29	-48.95	-49.47

Astra Energy 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.

Astra Energy (STU:5OF) 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.

Astra Energy (STU:5OF) Business Description

Industry

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ASRE:USA

Address

9565 Waples Street, Suite 200, San Diego, CA, USA, 92121

Website

https://www.astraenergyinc.com

Astra Energy Inc is engaged in waste management industry and the electricity and power generation sectors with a focus on energy production from solar, waste conversion and clean burning fuels. The company invests in and develops renewable and clean energy projects in markets where demand is high, supply is limited and there is an opportunity to address other imminent market needs, while also cultivating a portfolio of intellectual property and licenses for renewable energy technology and generating projects to deploy that technology. Its projects include Zanzibar Clean and Renewable Energy Park, 350 Megawatt Combined Cycle Power Plant and others.

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