SalMar ASA (SalMar ASA) Retained Earnings : $0 Mil (As of Mar. 2024)

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What is SalMar ASA Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. SalMar ASA's retained earnings for the quarter that ended in Mar. 2024 was $0 Mil.

SalMar ASA's quarterly retained earnings increased from Sep. 2023 ($0 Mil) to Dec. 2023 ($934 Mil) but then declined from Dec. 2023 ($934 Mil) to Mar. 2024 ($0 Mil).

SalMar ASA's annual retained earnings declined from Dec. 2021 ($1,092 Mil) to Dec. 2022 ($688 Mil) but then increased from Dec. 2022 ($688 Mil) to Dec. 2023 ($934 Mil).

SalMar ASA Retained Earnings Historical Data

The historical data trend for SalMar ASA'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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SalMar ASA Retained Earnings Chart

SalMar ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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926.72

1,051.91

1,091.61

687.93

933.84

SalMar ASA 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															779.03	458.39	-	933.84	-

SalMar ASA 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.

SalMar ASA (OTCPK:SALRY) 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.

SalMar ASA (SalMar ASA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » SalMar ASA (OTCPK:SALRY) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

SALRF:USA SALMO:Sweden SALM:Norway 0FWY:UK JEP:Germany

Address

Industriveien 51, Kverva, NOR, N-7266

Website

https://www.salmar.no

SalMar ASA produces and sells farmed salmon internationally. It operates hatcheries and controls the farming at all stages until the fish are ready to be harvested, processed, and packaged into various products. Products are developed with new mixes and packing methods to make it more convenient for customers. The salmon are sold through an in-house salesforce and through close partners of the company. Proximity to customers and tracking the use of resources plays a factor in delivering the raw material. Customers include importers, exporters, and larger processing companies and retail chains.

SalMar ASA (SalMar ASA) Headlines

From GuruFocus

SalMar ASA Stock Shows Every Sign Of Being Modestly Overvalued

By GF Value • 07-06-2021