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Alcomet AD (XBUL:ALCM) Retained Earnings : лв130.9 Mil (As of Dec. 2022)


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What is Alcomet AD Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Alcomet AD's retained earnings for the quarter that ended in Dec. 2022 was лв130.9 Mil.

Alcomet AD's quarterly retained earnings declined from Dec. 2020 (лв74.6 Mil) to Dec. 2021 (лв74.5 Mil) but then increased from Dec. 2021 (лв74.5 Mil) to Dec. 2022 (лв130.9 Mil).

Alcomet AD's annual retained earnings declined from Dec. 2020 (лв74.6 Mil) to Dec. 2021 (лв74.5 Mil) but then increased from Dec. 2021 (лв74.5 Mil) to Dec. 2022 (лв130.9 Mil).


Alcomet AD Retained Earnings Historical Data

The historical data trend for Alcomet AD'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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Alcomet AD Retained Earnings Chart

Alcomet AD Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 72.37 77.30 74.57 74.47 130.88

Alcomet AD Semi-Annual Data
Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
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 72.37 77.30 74.57 74.47 130.88

Alcomet AD 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.


Alcomet AD  (XBUL:ALCM) 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.


Alcomet AD (XBUL:ALCM) Business Description

Traded in Other Exchanges
N/A
Address
Second Industrial Zone, Shumen, BGR, 9700
Alcomet AD is a Bulgaria-based company, which is primarily engaged in the production of aluminium extruded and rolled products. Its operation includes production and sale of castings, rolled and extruded aluminum products, used in machine building, construction, food industry, among others. The company offers its product under various categories namely foundry, rolled, press and packaging products. Its product range includes cast billets and coils, aluminum sheets, strips and foils, extruded profiles, bars and tubes, as well as powder coating sheets, and tubes. Alcomet products sold in both Bulgarian and overseas market.

Alcomet AD (XBUL:ALCM) Headlines

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