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Seligdar PJSC (MIC:SELG) Retained Earnings : ₽1,998 Mil (As of Sep. 2023)


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What is Seligdar PJSC Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Seligdar PJSC's retained earnings for the quarter that ended in Sep. 2023 was ₽1,998 Mil.

Seligdar PJSC's quarterly retained earnings declined from Mar. 2023 (₽17,189 Mil) to Jun. 2023 (₽3,566 Mil) and declined from Jun. 2023 (₽3,566 Mil) to Sep. 2023 (₽1,998 Mil).

Seligdar PJSC's annual retained earnings increased from Dec. 2020 (₽3,056 Mil) to Dec. 2021 (₽11,156 Mil) but then declined from Dec. 2021 (₽11,156 Mil) to Dec. 2022 (₽9,882 Mil).


Seligdar PJSC Retained Earnings Historical Data

The historical data trend for Seligdar PJSC'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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Seligdar PJSC Retained Earnings Chart

Seligdar PJSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6,278.43 6,759.54 3,055.72 11,156.29 9,882.44

Seligdar PJSC Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 14,539.84 9,882.44 17,189.24 3,565.83 1,998.05

Seligdar PJSC 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.


Seligdar PJSC  (MIC:SELG) 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.


Seligdar PJSC (MIC:SELG) Business Description

Traded in Other Exchanges
N/A
Address
Street 26 Picket, d.12, Republic of Sakha, Aldan ulus, Aldan, RUS, 678900
Seligdar PJSC is a Russian company mainly engaged in the exploration of gold. The company operates in two segments: Drilling, Extraction, processing, and sale of precious metals like gold, silver, and platinoids, and Drilling, Extraction, processing, and sale of non-precious metals like tin and tungsten.

Seligdar PJSC (MIC:SELG) Headlines

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