GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Quantafuel AS (OTCPK:QNTFF) » Definitions » Retained Earnings

Quantafuel AS (Quantafuel AS) Retained Earnings : $-139.05 Mil (As of Sep. 2023)


View and export this data going back to 2019. Start your Free Trial

What is Quantafuel AS Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Quantafuel AS's retained earnings for the quarter that ended in Sep. 2023 was $-139.05 Mil.

Quantafuel AS's quarterly retained earnings declined from Mar. 2023 ($-121.73 Mil) to Jun. 2023 ($-128.08 Mil) and declined from Jun. 2023 ($-128.08 Mil) to Sep. 2023 ($-139.05 Mil).

Quantafuel AS's annual retained earnings declined from Dec. 2020 ($-92.18 Mil) to Dec. 2021 ($-93.47 Mil) and declined from Dec. 2021 ($-93.47 Mil) to Dec. 2022 ($-125.64 Mil).


Quantafuel AS Retained Earnings Historical Data

The historical data trend for Quantafuel 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.

* Premium members only.

Quantafuel AS Retained Earnings Chart

Quantafuel AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Retained Earnings
Get a 7-Day Free Trial -16.55 -31.77 -92.18 -93.47 -125.64

Quantafuel AS Quarterly Data
Dec17 Dec18 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 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 -102.72 -125.64 -121.73 -128.08 -139.05

Quantafuel 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.


Quantafuel AS  (OTCPK:QNTFF) 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.


Quantafuel AS (Quantafuel AS) Business Description

Traded in Other Exchanges
Address
Lilleakerveien 2C, Oslo, NOR, 0283
Quantafuel AS is a Norwegian technology company that develops, designs, and operates production facilities to produce synthetic fuels and chemical products based on non-recyclable waste. The company converts waste plastic into low-carbon synthetic oil products replacing virgin oil products.

Quantafuel AS (Quantafuel AS) Headlines

From GuruFocus

Q4 2021 Quantafuel ASA Earnings Presentation Transcript

By GuruFocus Research 02-14-2024

Q2 2022 Quantafuel ASA Earnings Call Transcript

By GuruFocus Research 02-14-2024

Q3 2022 Quantafuel ASA Earnings Call Transcript

By GuruFocus Research 02-14-2024

Q1 2021 Quantafuel AS Earnings Call Transcript

By GuruFocus Research 02-14-2024

Q3 2021 Quantafuel ASA Earnings Call Transcript

By GuruFocus Research 02-14-2024

Q4 2022 Quantafuel ASA Earnings Call Transcript

By GuruFocus Research 02-14-2024

Q1 2020 Quantafuel AS Earnings Call Transcript

By GuruFocus Research 02-14-2024

Q2 2021 Quantafuel ASA Earnings Call Transcript

By GuruFocus Research 02-14-2024

Q1 2022 Quantafuel ASA Earnings Call Transcript

By GuruFocus Research 02-14-2024