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Maxeon Solar Technologies (STU:5QJ) Retained Earnings : €-806.1 Mil (As of Mar. 2024)


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What is Maxeon Solar Technologies Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Maxeon Solar Technologies's retained earnings for the quarter that ended in Mar. 2024 was €-806.1 Mil.

Maxeon Solar Technologies's quarterly retained earnings declined from Sep. 2023 (€-571.3 Mil) to Dec. 2023 (€-730.0 Mil) and declined from Dec. 2023 (€-730.0 Mil) to Mar. 2024 (€-806.1 Mil).

Maxeon Solar Technologies's annual retained earnings declined from Dec. 2021 (€-232.7 Mil) to Dec. 2022 (€-491.1 Mil) and declined from Dec. 2022 (€-491.1 Mil) to Dec. 2023 (€-730.0 Mil).


Maxeon Solar Technologies Retained Earnings Historical Data

The historical data trend for Maxeon Solar Technologies'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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Maxeon Solar Technologies Retained Earnings Chart

Maxeon Solar Technologies Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial - -6.94 -232.72 -491.13 -730.02

Maxeon Solar Technologies 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 -466.99 -462.89 -571.34 -730.02 -806.14

Maxeon Solar Technologies 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.


Maxeon Solar Technologies  (STU:5QJ) 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.


Maxeon Solar Technologies (STU:5QJ) Business Description

Traded in Other Exchanges
Address
8 Marina Boulevard No. 05-02, Marina Bay Financial Centre, Singapore, SGP, 018981
Maxeon Solar Technologies Ltd is engaged in the manufacturing and marketing of premium solar technology. It owns and operates solar cell and panel manufacturing facilities located in Malaysia, Mexico, and the Philippines. The company's primary products are the Maxeon line of interdigitated back contact (IBC) solar cells and panels, and the Performance line (formerly, P-Series) of shingled solar cells and panels. the Maxeon line of solar panels are the highest-efficiency solar panels on the market with an aesthetically pleasing design, and the Performance line of solar panels offers a high-value and cost-effective solution. It is targeted at residential and small-scale commercial customers across the globe. The company derives its revenue from the United States, France, Italy, and Others.

Maxeon Solar Technologies (STU:5QJ) Headlines

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