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RHI Magnesita NV (FRA:RHF) Retained Earnings : €871 Mil (As of Dec. 2023)


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What is RHI Magnesita NV Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. RHI Magnesita NV's retained earnings for the quarter that ended in Dec. 2023 was €871 Mil.

RHI Magnesita NV's quarterly retained earnings increased from Dec. 2022 (€620 Mil) to Jun. 2023 (€920 Mil) but then declined from Jun. 2023 (€920 Mil) to Dec. 2023 (€871 Mil).

RHI Magnesita NV's annual retained earnings increased from Dec. 2021 (€533 Mil) to Dec. 2022 (€620 Mil) and increased from Dec. 2022 (€620 Mil) to Dec. 2023 (€871 Mil).


RHI Magnesita NV Retained Earnings Historical Data

The historical data trend for RHI Magnesita NV'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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RHI Magnesita NV Retained Earnings Chart

RHI Magnesita NV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial 379.60 376.80 532.80 620.20 871.40

RHI Magnesita NV Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 532.80 585.00 620.20 920.10 871.40

RHI Magnesita NV 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.


RHI Magnesita NV  (FRA:RHF) 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.


RHI Magnesita NV (FRA:RHF) Business Description

Traded in Other Exchanges
Address
Kranichberggasse 6, Vienna, AUT, 1120
RHI Magnesita NV operates in the refractory industry. The core activities of the group comprise the development and production as well as the sale, installation, and maintenance of refractory products and systems. It has two main operating segments, Steel and Industrial. The Steel segment specializes in supporting customers in the steel-producing and steel-processing industry. Its Industrial segment serves customers in the glass, cement/lime, nonferrous metals and environment, energy, chemicals Industries. The company generates maximum revenue from the Steel segment. Its geographical markets are Europe, North America, Asia Pacific, South America, and MEA-CIS.

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