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Axiata Group Bhd (Axiata Group Bhd) Retained Earnings : $2,471 Mil (As of Dec. 2023)


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What is Axiata Group Bhd Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Axiata Group Bhd's retained earnings for the quarter that ended in Dec. 2023 was $2,471 Mil.

Axiata Group Bhd's quarterly retained earnings declined from Jun. 2023 ($2,911 Mil) to Sep. 2023 ($2,611 Mil) and declined from Sep. 2023 ($2,611 Mil) to Dec. 2023 ($2,471 Mil).

Axiata Group Bhd's annual retained earnings increased from Dec. 2021 ($1,604 Mil) to Dec. 2022 ($3,271 Mil) but then declined from Dec. 2022 ($3,271 Mil) to Dec. 2023 ($2,471 Mil).


Axiata Group Bhd Retained Earnings Historical Data

The historical data trend for Axiata Group Bhd'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.

* Premium members only.

Axiata Group Bhd Retained Earnings Chart

Axiata Group Bhd 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 1,603.07 1,623.54 1,604.01 3,270.98 2,470.73

Axiata Group Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 3,270.98 3,144.14 2,911.50 2,610.60 2,470.73

Axiata Group Bhd 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.


Axiata Group Bhd  (OTCPK:AXXTF) 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.


Axiata Group Bhd (Axiata Group Bhd) Business Description

Traded in Other Exchanges
Address
Level 5, 9 Jalan Stesen Sentral 5, Axiata Tower, Sentral, Kuala Lumpur, SGR, MYS, 50470
Axiata Group Bhd is a telecommunications company. The business segments of the company are 1) Mobile segment includes the provision of mobile services and other services such as the provision of interconnect services, sale of devices, pay television transmission services, broadband services and digital business and others. 2) Fixed broadband segment is engaged in the broadband and broadcasting business. 3) Infrastructure segment is engaged in the provision of telecommunication infrastructure and related services. 4) Others comprise investment holding entities, financing entities and other operating companies providing other services including digital business and fibre optic transmission. The company has a presence in Malaysia, Indonesia, Bangladesh, Sri Lanka, Nepal, and Cambodia.

Axiata Group Bhd (Axiata Group Bhd) Headlines