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KGHM Polska Miedz (XPRA:KGH) Retained Earnings : Kč148,502 Mil (As of Mar. 2024)


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What is KGHM Polska Miedz Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. KGHM Polska Miedz's retained earnings for the quarter that ended in Mar. 2024 was Kč148,502 Mil.

KGHM Polska Miedz's quarterly retained earnings declined from Sep. 2023 (Kč172,646 Mil) to Dec. 2023 (Kč146,006 Mil) but then increased from Dec. 2023 (Kč146,006 Mil) to Mar. 2024 (Kč148,502 Mil).

KGHM Polska Miedz's annual retained earnings increased from Dec. 2021 (Kč144,393 Mil) to Dec. 2022 (Kč168,949 Mil) but then declined from Dec. 2022 (Kč168,949 Mil) to Dec. 2023 (Kč146,006 Mil).


KGHM Polska Miedz Retained Earnings Historical Data

The historical data trend for KGHM Polska Miedz'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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KGHM Polska Miedz Retained Earnings Chart

KGHM Polska Miedz Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 99,436.64 110,031.29 144,393.25 168,949.29 146,006.00

KGHM Polska Miedz 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 169,908.69 170,091.16 172,645.64 146,006.00 148,501.62

KGHM Polska Miedz 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.


KGHM Polska Miedz  (XPRA:KGH) 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.


KGHM Polska Miedz (XPRA:KGH) Business Description

Traded in Other Exchanges
Address
48 M.Sklodowskiej-Curie Street, Lubin, POL, 59-301
KGHM Polska Miedz SA engages in copper ore mining and copper production primarily in South-Western Poland. The company also produces precious metals such as silver, which is typically used for coins, jewellery, photography products and industrial purposes. The bulk of group revenue is generated through copper sales, and the remainder is primarily through sales of silver, while a minor portion is generated through the production of gold, salt and casting of light metals. The materials are sold domestically, and exported to Germany, China, the U.S., the United Kingdom and the Czech Republic, among many other European nations. KGHM Polska Miedz SA is also involved in construction and engineering, through its wholly owned subsidiary Bipromet SA.

KGHM Polska Miedz (XPRA:KGH) Headlines

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