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Takkt AG (XTER:TTK) Retained Earnings : €572 Mil (As of Mar. 2024)


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What is Takkt AG Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Takkt AG's retained earnings for the quarter that ended in Mar. 2024 was €572 Mil.

Takkt AG's quarterly retained earnings declined from Sep. 2023 (€584 Mil) to Dec. 2023 (€567 Mil) but then increased from Dec. 2023 (€567 Mil) to Mar. 2024 (€572 Mil).

Takkt AG's annual retained earnings declined from Dec. 2021 (€622 Mil) to Dec. 2022 (€608 Mil) and declined from Dec. 2022 (€608 Mil) to Dec. 2023 (€567 Mil).


Takkt AG Retained Earnings Historical Data

The historical data trend for Takkt 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.

Takkt AG Retained Earnings Chart

Takkt AG 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 590.51 627.03 621.52 607.85 567.35

Takkt AG 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 622.20 569.10 584.40 567.35 572.40

Takkt 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.


Takkt AG  (XTER:TTK) 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.


Takkt AG (XTER:TTK) Business Description

Traded in Other Exchanges
Address
Presselstrasse 12, Stuttgart, BW, DEU, 70191
Takkt AG specializes in B2B distance selling for business equipment. The company is engaged in three segments namely, Industrial & Packaging, Office Furniture & Displays and FoodService. The company has its geographic presence in Germany, Europe without Germany, USA and Others.

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