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Globus Maritime (GLBS)

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3.07 +0.00  +0.00% NASDAQ Oct 23, 8:00PM BATS Real time Currency in USD

Globus Maritime Retained Earnings (Quarterly YoY Growth)

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Globus Maritime Historical Retained Earnings (Quarterly YoY Growth) Data

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About Retained Earnings

The net income that remains after paying dividends. It is reported on the balance sheet as the cumulative sum of each year's retained earnings over the life of the business. Retained earnings can be used to pay debt and future dividends, or can be reinvested into business activities.

The "retained" refers to the earnings after paying out dividends. Companies with increasing retained earnings is good, because it means the company is staying consistently profitable. If a company has a yearly loss, this number is subtracted from retained earnings.

If a company's annual net income was 5 million, paid out 3 million in dividends, and had a retained earnings of 9 million, retained earnings at the end of 2012 would be 11 million (5-3+9). Similarly if next year the company paid no dividends but had a yearly net income loss of 5 million, retained earnings would be 6 million (11-5).
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View Retained Earnings (Quarterly YoY Growth) for GLBS

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GLBS Retained Earnings (Quarterly YoY Growth) Benchmarks

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GLBS Retained Earnings (Quarterly YoY Growth) Range, Past 5 Years

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GLBS Retained Earnings (Quarterly YoY Growth) Excel Add-In Codes

  • Metric Code: retained_earnings_growth
  • Latest data point: =YCP("GLBS", "retained_earnings_growth")
  • Last 5 data points: =YCS("GLBS", "retained_earnings_growth", -4)

To find the codes for any of our financial metrics, see our Complete Reference of Metric Codes.

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