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Norsk Titanium AS (Norsk Titanium AS) Retained Earnings : $0.00 Mil (As of Dec. 2023)


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What is Norsk Titanium AS Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Norsk Titanium AS's retained earnings for the quarter that ended in Dec. 2023 was $0.00 Mil.

Norsk Titanium AS's quarterly retained earnings declined from Dec. 2022 ($0.00 Mil) to Jun. 2023 ($-5.21 Mil) but then increased from Jun. 2023 ($-5.21 Mil) to Dec. 2023 ($0.00 Mil).

Norsk Titanium AS's annual retained earnings increased from Dec. 2021 ($-7.20 Mil) to Dec. 2022 ($0.00 Mil) but then stayed the same from Dec. 2022 ($0.00 Mil) to Dec. 2023 ($0.00 Mil).


Norsk Titanium AS Retained Earnings Historical Data

The historical data trend for Norsk Titanium AS'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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Norsk Titanium AS Retained Earnings Chart

Norsk Titanium AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial - - -7.20 - -

Norsk Titanium AS Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.20 -7.87 - -5.21 -

Norsk Titanium AS 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.


Norsk Titanium AS  (OTCPK:NORSF) 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.


Norsk Titanium AS (Norsk Titanium AS) Business Description

Traded in Other Exchanges
Address
Flyplassveien 20, Honefoss, NOR, 3514
Norsk Titanium AS is a producer of aerospace-grade, additively manufactured, structural titanium components for commercial aerospace tier-one suppliers. Its patented RPD technology revolutionizes the industry by pioneering a new era of on-demand metal additive manufacturing that delivers 3D-printed, structural titanium, providing substantial lead-time and cost savings to the aerospace, defence, and industrial markets.

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