Lenta IPJSC (MIC:LENT) Retained Earnings : ₽81,445 Mil (As of Jun. 2023)

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What is Lenta IPJSC Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Lenta IPJSC's retained earnings for the quarter that ended in Jun. 2023 was ₽81,445 Mil.

Lenta IPJSC's quarterly retained earnings declined from Dec. 2021 (₽80,909 Mil) to Jun. 2022 (₽0 Mil) but then increased from Jun. 2022 (₽0 Mil) to Jun. 2023 (₽81,445 Mil).

Lenta IPJSC's annual retained earnings increased from Dec. 2019 (₽51,709 Mil) to Dec. 2020 (₽68,383 Mil) and increased from Dec. 2020 (₽68,383 Mil) to Dec. 2021 (₽80,909 Mil).

Lenta IPJSC Retained Earnings Historical Data

The historical data trend for Lenta IPJSC'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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Lenta IPJSC Retained Earnings Chart

Lenta IPJSC Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Retained Earnings

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44,316.45

55,473.28

51,708.80

68,382.84

80,909.33

Lenta IPJSC Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Jun23
Retained Earnings	Get a 7-Day Free Trial															68,382.84	73,535.02	80,909.33	-	81,444.67

Lenta IPJSC 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.

Lenta IPJSC (MIC:LENT) 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.

Lenta IPJSC (MIC:LENT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Lenta IPJSC (MIC:LENT) » Definitions » Retained Earnings

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Address

112B & 119 Savushkina Street, Saint Petersburg, RUS, 197374

Website

https://corp.lenta.com

Lenta IPJSC, formerly Lenta PLC operates a chain of retail stores in Russia. The company operates more than 200 hypermarkets in Russia. It also has more than 100 supermarkets in Moscow and St. Petersburg. Through its hypermarkets and supermarkets, it sells products varying from household goods, daily need products, food, and drinks. Revenues are generated by the sale of these products directly to the consumer.

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