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EFG HoldingE (EFG HoldingE) Retained Earnings : $222.1 Mil (As of Jun. 2023)


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What is EFG HoldingE Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. EFG HoldingE's retained earnings for the quarter that ended in Jun. 2023 was $222.1 Mil.

EFG HoldingE's quarterly retained earnings declined from Dec. 2022 ($302.8 Mil) to Mar. 2023 ($267.1 Mil) and declined from Mar. 2023 ($267.1 Mil) to Jun. 2023 ($222.1 Mil).

EFG HoldingE's annual retained earnings declined from Dec. 2021 ($412.9 Mil) to Dec. 2022 ($302.8 Mil) and declined from Dec. 2022 ($302.8 Mil) to Dec. 2023 ($276.2 Mil).


EFG HoldingE Retained Earnings Historical Data

The historical data trend for EFG HoldingE'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.

EFG HoldingE Retained Earnings Chart

EFG HoldingE 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 269.32 397.33 412.91 302.82 276.24

EFG HoldingE Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 339.97 302.82 267.08 222.10 276.24

EFG HoldingE 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.


EFG HoldingE  (GREY:EFGZF) 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.


EFG HoldingE (EFG HoldingE) Business Description

Traded in Other Exchanges
Address
Alexandria Desert Road, 6 October, Smart Village building No. B129, Phase 3, KM 28, Cairo, EGY, 12577
Egyptian Financial Group-Hermes Holding Co is a provider of investment banking products and services in the Middle East. The company is headquartered in Egypt and conducts the majority of its business domestically. The bank also has operations in Gulf countries and Lebanon. The company generates the majority of its revenue through brokerage services. In addition, the bank generates revenue through asset-management products, such as traditional and alternative investments, fixed-income, money market, equity, and Shariah-compliant mandates. The bank also engages in equity research, strategy and macroeconomic forecasts, industrial research, and private equity services for its clients.

EFG HoldingE (EFG HoldingE) Headlines

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