Enel SpA (Enel SpA) Retained Earnings : $16,462 Mil (As of Dec. 2023)

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What is Enel SpA Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Enel SpA's retained earnings for the quarter that ended in Dec. 2023 was $16,462 Mil.

Enel SpA's quarterly retained earnings increased from Jun. 2023 ($17,828 Mil) to Sep. 2023 ($19,444 Mil) but then declined from Sep. 2023 ($19,444 Mil) to Dec. 2023 ($16,462 Mil).

Enel SpA's annual retained earnings declined from Dec. 2021 ($20,114 Mil) to Dec. 2022 ($16,734 Mil) and declined from Dec. 2022 ($16,734 Mil) to Dec. 2023 ($16,462 Mil).

Enel SpA Retained Earnings Historical Data

The historical data trend for Enel SpA'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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Enel SpA Retained Earnings Chart

Enel SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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21,201.11

22,141.12

20,114.12

16,734.11

16,462.38

Enel SpA Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Retained Earnings	Get a 7-Day Free Trial															16,734.11	18,124.20	17,827.74	19,443.97	16,462.38

Enel SpA 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.

Enel SpA (OTCPK:ENLAY) 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.

Enel SpA (Enel SpA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Enel SpA (OTCPK:ENLAY) » Definitions » Retained Earnings

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ESOCF:USA ENEL:Italy ENELm:UK 0NRE:UK ENL:Germany ENL:Germany ENLA:Germany ENL:Germany ENEL:Austria

Address

Viale Regina Margherita, 137, Rome, ITA, 00198

Website

https://www.enel.com

Enel is a diversified energy company domiciled in Italy. Operations are concentrated in Italy, Spain, and Latin America. The firm's primary activities are electric generation, electric networks, and gas and electricity marketing. Around 50% of the company's EBITDA is derived from its regulated networks. Taking into account power sold through power purchase agreements in Latin America, around 70% of EBITDA is quasi-regulated. Enel is a giant in global power generation with 86 gigawatts of capacity, of which 39 GW is renewables, including a large share of hydro.

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