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MOL Hungarian Oil and Gas (MOL Hungarian Oil and Gas) Retained Earnings : $11,104 Mil (As of Mar. 2024)


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What is MOL Hungarian Oil and Gas Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. MOL Hungarian Oil and Gas's retained earnings for the quarter that ended in Mar. 2024 was $11,104 Mil.

MOL Hungarian Oil and Gas's quarterly retained earnings declined from Sep. 2023 ($10,471 Mil) to Dec. 2023 ($8,326 Mil) but then increased from Dec. 2023 ($8,326 Mil) to Mar. 2024 ($11,104 Mil).

MOL Hungarian Oil and Gas's annual retained earnings increased from Dec. 2021 ($5,556 Mil) to Dec. 2022 ($7,470 Mil) and increased from Dec. 2022 ($7,470 Mil) to Dec. 2023 ($8,326 Mil).


MOL Hungarian Oil and Gas Retained Earnings Historical Data

The historical data trend for MOL Hungarian Oil and Gas'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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MOL Hungarian Oil and Gas Retained Earnings Chart

MOL Hungarian Oil and Gas 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 4,372.83 4,261.41 5,555.98 7,470.13 8,325.98

MOL Hungarian Oil and Gas 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 10,110.67 7,434.88 10,471.27 8,325.98 11,104.37

MOL Hungarian Oil and Gas 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.


MOL Hungarian Oil and Gas  (GREY:MGYXY) 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.


MOL Hungarian Oil and Gas (MOL Hungarian Oil and Gas) Business Description

Address
Dombovari ut 28, Budapest, HUN, H-1117
MOL Hungarian Oil and Gas PLC is a multinational integrated oil and gas company. The group has various segments which include Upstream, Downstream, Consumer services, Gas midstream, and Corporate and other. The Downstream segment derives the majority of the revenue which consists of different business activities that are part of an integrated value chain that turns crude oil into a range of refined products, which are moved and marketed for household, industrial, and transport use. Geographically its sales come from Hungary, Croatia, Slovakia, Italy, Czech Republic, Romania, Austria, Europe, and the Rest of the World.

MOL Hungarian Oil and Gas (MOL Hungarian Oil and Gas) Headlines