GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Greenvolt - Energias Renovaveis SA (XLIS:GVOLT) » Definitions » Retained Earnings

Greenvolt - Energias Renovaveis (XLIS:GVOLT) Retained Earnings : €1.2 Mil (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Greenvolt - Energias Renovaveis Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Greenvolt - Energias Renovaveis's retained earnings for the quarter that ended in Dec. 2023 was €1.2 Mil.

Greenvolt - Energias Renovaveis's quarterly retained earnings increased from Jun. 2023 (€41.3 Mil) to Sep. 2023 (€50.2 Mil) but then declined from Sep. 2023 (€50.2 Mil) to Dec. 2023 (€1.2 Mil).

Greenvolt - Energias Renovaveis's annual retained earnings increased from Dec. 2021 (€7.8 Mil) to Dec. 2022 (€16.6 Mil) but then declined from Dec. 2022 (€16.6 Mil) to Dec. 2023 (€1.2 Mil).


Greenvolt - Energias Renovaveis Retained Earnings Historical Data

The historical data trend for Greenvolt - Energias Renovaveis'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.

Greenvolt - Energias Renovaveis Retained Earnings Chart

Greenvolt - Energias Renovaveis Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial 6.80 17.93 7.75 16.61 1.18

Greenvolt - Energias Renovaveis Quarterly Data
Dec18 Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 16.61 44.19 41.27 50.23 1.18

Greenvolt - Energias Renovaveis 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.


Greenvolt - Energias Renovaveis  (XLIS:GVOLT) 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.


Greenvolt - Energias Renovaveis (XLIS:GVOLT) Business Description

Traded in Other Exchanges
Address
Rua Manuel Pinto de Azevedo 818, Porto, PRT, PT-4100-320
Greenvolt - Energias Renovaveis SA is specialized in the production of electricity from renewable energy sources. It has three operating segments. Biomass & Structure has five energy production plants through forest biomass in Portugal, the costs of the corporate structure of Greenvolt, and the plant in Tilbury. The development of Solar & wind energy includes the activities of development, construction, & exploration of photovoltaic & wind energy, with the subsidiaries Greenvolt Power & Sustainable Energy One being the main contributors to the segment. Distributed generation includes the contributions from subsidiaries Greenvolt Next Portugal, Greenvolt Next Portugal II Invest, Perfecta Energía, Greenvolt Comunidades, & Univergy. The key revenue is from the biomass & structure segment.

Greenvolt - Energias Renovaveis (XLIS:GVOLT) Headlines

No Headlines