Mmcite AS (XPRA:MMCTE) Retained Earnings : Kč97.8 Mil (As of Dec. 2022)

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What is Mmcite AS Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Mmcite AS's retained earnings for the quarter that ended in Dec. 2022 was Kč97.8 Mil.

Mmcite AS's quarterly retained earnings stayed the same from . 20 (Kč0.0 Mil) to . 20 (Kč0.0 Mil) but then increased from . 20 (Kč0.0 Mil) to Dec. 2022 (Kč97.8 Mil).

Mmcite AS's annual retained earnings increased from . 20 (Kč0.0 Mil) to Dec. 2022 (Kč97.8 Mil) and increased from Dec. 2022 (Kč97.8 Mil) to Dec. 2023 (Kč114.8 Mil).

Mmcite AS Retained Earnings Historical Data

The historical data trend for Mmcite 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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Mmcite AS Retained Earnings Chart

Mmcite AS Annual Data

Trend

Dec22

Dec23

Retained Earnings

97.77

114.75

Mmcite AS Quarterly Data
	Dec22	Dec23
Retained Earnings	97.77	114.75

Mmcite 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.

Mmcite AS (XPRA:MMCTE) 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.

Mmcite AS (XPRA:MMCTE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Mmcite AS (XPRA:MMCTE) » Definitions » Retained Earnings

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Traded in Other Exchanges

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Address

Vinohradská 907, Ma?atice, Uherské Hradište, CZE, 686 05

Website

https://www.mmcite.com

Mmcite AS is a company that specializes in design and construction projects for public spaces. Their range of products and services includes the design and realization of both transportation terminals and street furniture, for example such as benches, litter bins, rails and cycle stands. Within the industry of street furniture, it is one of the first manufactures in the world to introduce products created by 3D concrete printing.

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