GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Montana Aerospace AG (XSWX:AERO) » Definitions » Retained Earnings

Montana Aerospace AG (XSWX:AERO) Retained Earnings : CHF-86 Mil (As of Dec. 2023)


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

What is Montana Aerospace AG Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Montana Aerospace AG's retained earnings for the quarter that ended in Dec. 2023 was CHF-86 Mil.

Montana Aerospace AG's quarterly retained earnings declined from Jun. 2023 (CHF-32 Mil) to Sep. 2023 (CHF-33 Mil) and declined from Sep. 2023 (CHF-33 Mil) to Dec. 2023 (CHF-86 Mil).

Montana Aerospace AG's annual retained earnings declined from Dec. 2021 (CHF-28 Mil) to Dec. 2022 (CHF-50 Mil) and declined from Dec. 2022 (CHF-50 Mil) to Dec. 2023 (CHF-86 Mil).


Montana Aerospace AG Retained Earnings Historical Data

The historical data trend for Montana Aerospace AG'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.

Montana Aerospace AG Retained Earnings Chart

Montana Aerospace AG Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial - - -27.73 -50.31 -86.05

Montana Aerospace AG Quarterly Data
Dec18 Dec19 Jun20 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 Premium Member Only -50.31 -36.25 -32.28 -32.97 -86.05

Montana Aerospace AG 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.


Montana Aerospace AG  (XSWX:AERO) 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.


Montana Aerospace AG (XSWX:AERO) Business Description

Traded in Other Exchanges
Address
Alte Aarauerstrasse 11, Reinach, CHE, 5734
Montana Aerospace AG is a vertically integrated manufacturer and supplier of complex components, structures and customized assemblies as well as semi-finished products for specialized applications in a wide array of end-markets. The company has three business segments namely aerostructures, e-mobility and energy. It has its geographic presence in Germany, USA, UK, Poland, Russia and Others.

Montana Aerospace AG (XSWX:AERO) Headlines

From GuruFocus

AeroGrow Reports Second Quarter Results

By Marketwired Marketwired 11-13-2019

AeroGrow Reports 3rd Quarter Results

By GlobeNewswire GlobeNewswire 02-16-2021

AeroGrow Reports 3rd Quarter Results

By Marketwired Marketwired 02-17-2021

AeroGrow Reports Strong First Quarter Results

By Marketwired Marketwired 08-14-2018

AeroGrow Reports Continued Strong Results

By Marketwired Marketwired 11-13-2018