Cnova NV (XPAR:CNV) Retained Earnings : €-1,038 Mil (As of Dec. 2023)

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What is Cnova NV Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Cnova NV's retained earnings for the quarter that ended in Dec. 2023 was €-1,038 Mil.

Cnova NV's quarterly retained earnings declined from Dec. 2022 (€-913 Mil) to Jun. 2023 (€-977 Mil) and declined from Jun. 2023 (€-977 Mil) to Dec. 2023 (€-1,038 Mil).

Cnova NV's annual retained earnings declined from Dec. 2021 (€-784 Mil) to Dec. 2022 (€-913 Mil) and declined from Dec. 2022 (€-913 Mil) to Dec. 2023 (€-1,038 Mil).

Cnova NV Retained Earnings Historical Data

The historical data trend for Cnova NV'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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Cnova NV Retained Earnings Chart

Cnova NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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-783.68

-912.95

-1,038.42

Cnova NV Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Retained Earnings	Get a 7-Day Free Trial															-783.68	-857.33	-912.95	-976.96	-1,038.42

Cnova NV 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.

Cnova NV (XPAR:CNV) 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.

Cnova NV (XPAR:CNV) Business Description

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CNVAF:USA

Address

Strawinskylaan 3051, Amsterdam, NLD, 1077 ZX

Website

https://www.cnova.com

Cnova NV is an eCommerce company. It provides its customers with the value proposition through a low-cost business model that allows offering attractive pricing, an extensive product assortment and differentiated delivery and payment solutions. It offers approximately 10 million active customers access to a wide and growing assortment of more than approximately 90 million product offerings through a combination of its direct sales and sales by third-party vendors. Its product offerings categories in terms of GMV are home appliances, consumer electronics, computers, home furnishings, leisure and personal goods.

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