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The E W Scripps Co (FRA:SQ6B) Retained Earnings : €-571 Mil (As of Mar. 2024)


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What is The E W Scripps Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. The E W Scripps Co's retained earnings for the quarter that ended in Mar. 2024 was €-571 Mil.

The E W Scripps Co's quarterly retained earnings declined from Sep. 2023 (€-355 Mil) to Dec. 2023 (€-571 Mil) and declined from Dec. 2023 (€-571 Mil) to Mar. 2024 (€-571 Mil).

The E W Scripps Co's annual retained earnings increased from Dec. 2021 (€182 Mil) to Dec. 2022 (€331 Mil) but then declined from Dec. 2022 (€331 Mil) to Dec. 2023 (€-571 Mil).


The E W Scripps Co Retained Earnings Historical Data

The historical data trend for The E W Scripps Co'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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The E W Scripps Co Retained Earnings Chart

The E W Scripps Co 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 -108.88 108.32 181.53 331.08 -570.58

The E W Scripps Co 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 298.51 -334.87 -355.16 -570.58 -570.95

The E W Scripps Co 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.


The E W Scripps Co  (FRA:SQ6B) 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.


The E W Scripps Co (FRA:SQ6B) Business Description

Traded in Other Exchanges
Address
312 Walnut Street, Suite 2800, Scripps Center, Cincinnati, OH, USA, 45202
The E W Scripps Co is a media enterprise with interests in local and national media brands. It owns and operates a collection of daily and community newspapers, primarily in medium-sized cities in the southern and western portions of the United States. The company's operating segment includes Local Media, Scripps Networks, and Other. It generates maximum revenue from the Local Media segment. The Local Media segment includes approximately 61 local broadcast stations and their related digital operations.

The E W Scripps Co (FRA:SQ6B) Headlines

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