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Response Plus Holding (ADX:RPM) Retained Earnings : د.إ57.0 Mil (As of Jun. 2024)


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What is Response Plus Holding Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Response Plus Holding's retained earnings for the quarter that ended in Jun. 2024 was د.إ57.0 Mil.

Response Plus Holding's quarterly retained earnings increased from Jun. 2023 (د.إ27.0 Mil) to Dec. 2023 (د.إ49.8 Mil) and increased from Dec. 2023 (د.إ49.8 Mil) to Jun. 2024 (د.إ57.0 Mil).

Response Plus Holding's annual retained earnings declined from Dec. 2021 (د.إ35.2 Mil) to Dec. 2022 (د.إ14.4 Mil) but then increased from Dec. 2022 (د.إ14.4 Mil) to Dec. 2023 (د.إ49.8 Mil).


Response Plus Holding Retained Earnings Historical Data

The historical data trend for Response Plus Holding'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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Response Plus Holding Retained Earnings Chart

Response Plus Holding Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Retained Earnings
-29.60 35.21 14.44 49.83

Response Plus Holding Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Retained Earnings Get a 7-Day Free Trial 56.03 14.44 27.03 49.83 57.00

Response Plus Holding 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.


Response Plus Holding  (ADX:RPM) 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.


Response Plus Holding Business Description

Traded in Other Exchanges
N/A
Address
Burjeel Medical City, MBZ City, P.O. Box 130336, Zone D, 3rd Floor, Abu Dhabi, ARE
Website
Response Plus Holding is engaged in the supply of manpower and medical equipment and the management of hospitals, clinics, and medical centers. The company's business activities are; healthcare services, investment in the healthcare-related business, investing in real estate and movables necessary for carrying out its activities, and management of affiliated companies. Geographically, it operates in the following markets; United Arab Emirates, Kingdom of Saudi Arabia, and Sultanate of Oman. Out of which a majority of its revenue comes from the United Arab Emirates market.