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Unior Kovaska industrija DD (XLJU:UKIG) Retained Earnings : €53.8 Mil (As of Mar. 2024)


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What is Unior Kovaska industrija DD Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Unior Kovaska industrija DD's retained earnings for the quarter that ended in Mar. 2024 was €53.8 Mil.

Unior Kovaska industrija DD's quarterly retained earnings declined from Sep. 2023 (€51.6 Mil) to Dec. 2023 (€49.3 Mil) but then increased from Dec. 2023 (€49.3 Mil) to Mar. 2024 (€53.8 Mil).

Unior Kovaska industrija DD's annual retained earnings increased from Dec. 2021 (€34.7 Mil) to Dec. 2022 (€46.7 Mil) and increased from Dec. 2022 (€46.7 Mil) to Dec. 2023 (€49.3 Mil).


Unior Kovaska industrija DD Retained Earnings Historical Data

The historical data trend for Unior Kovaska industrija DD'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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Unior Kovaska industrija DD Retained Earnings Chart

Unior Kovaska industrija DD Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.09 26.52 34.72 46.75 49.34

Unior Kovaska industrija DD 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 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 52.99 52.82 51.64 49.34 53.76

Unior Kovaska industrija DD 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.


Unior Kovaska industrija DD  (XLJU:UKIG) 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.


Unior Kovaska industrija DD (XLJU:UKIG) Business Description

Traded in Other Exchanges
N/A
Address
Kovaska cesta 10, Zrece, SVN, 3214
Unior Kovaska industrija DD is a Slovenia-based company engaged in manufacturing forged parts, hand tools, and machine tools. It has five business segments. The Forge Programme segment develops, forges, sinters, and processes products and assemblies for the automotive industry and other buyers. Through the Hand Tools Programme segment, the company applies updated technological findings in the production of hand tools. The Special Machines Programme segment consists of the development and construction of specific-purpose CNC machine tools which are intended for the treatment of steel and aluminium blanks or blanks of other castings. Its other segments include Joint services and Maintenance. The majority of the revenue is derived from the Forge Programme in international countries.

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