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ABAS Protect AB (XSAT:ABAS) Retained Earnings : kr17.3 Mil (As of Mar. 2024)


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What is ABAS Protect AB Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. ABAS Protect AB's retained earnings for the quarter that ended in Mar. 2024 was kr17.3 Mil.

ABAS Protect AB's quarterly retained earnings increased from Sep. 2023 (kr16.4 Mil) to Dec. 2023 (kr20.8 Mil) but then declined from Dec. 2023 (kr20.8 Mil) to Mar. 2024 (kr17.3 Mil).

ABAS Protect AB's annual retained earnings increased from Nov. 2021 (kr4.2 Mil) to Dec. 2022 (kr15.4 Mil) and increased from Dec. 2022 (kr15.4 Mil) to Dec. 2023 (kr20.8 Mil).


ABAS Protect AB Retained Earnings Historical Data

The historical data trend for ABAS Protect AB'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.

ABAS Protect AB Retained Earnings Chart

ABAS Protect AB Annual Data
Trend Nov19 Nov20 Nov21 Dec22 Dec23
Retained Earnings
0.11 1.65 4.16 15.36 20.84

ABAS Protect AB Quarterly Data
Nov19 Nov20 Nov21 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 12.31 14.36 16.42 20.84 17.25

ABAS Protect AB 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.


ABAS Protect AB  (XSAT:ABAS) 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.


ABAS Protect AB (XSAT:ABAS) Business Description

Traded in Other Exchanges
N/A
Address
Gislavedsvagen 3, Ambjornarp, SWE, SE-514 93
ABAS Protect AB is a privately owned family business that specializes in manufacturing area protection. It serves the Swedish market with safety products. Its product offerings comprise Gates, Fence, Booms & Bollards, Home & Villa gates, and fences, Preschool & children's cottage gates and fences, and Other products.

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