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Galatasaray Sportif Sinai Veticari Yatirimlar AS (IST:GSRAY) Retained Earnings : ₺-2,386.3 Mil (As of Nov. 2022)


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What is Galatasaray Sportif Sinai Veticari Yatirimlar AS Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Galatasaray Sportif Sinai Veticari Yatirimlar AS's retained earnings for the quarter that ended in Nov. 2022 was ₺-2,386.3 Mil.

Galatasaray Sportif Sinai Veticari Yatirimlar AS's quarterly retained earnings declined from Feb. 2022 (₺-1,928.2 Mil) to May. 2022 (₺-2,132.0 Mil) and declined from May. 2022 (₺-2,132.0 Mil) to Nov. 2022 (₺-2,386.3 Mil).

Galatasaray Sportif Sinai Veticari Yatirimlar AS's annual retained earnings declined from May. 2020 (₺-1,320.0 Mil) to May. 2021 (₺-1,754.5 Mil) and declined from May. 2021 (₺-1,754.5 Mil) to May. 2022 (₺-2,132.0 Mil).


Galatasaray Sportif Sinai Veticari Yatirimlar AS Retained Earnings Historical Data

The historical data trend for Galatasaray Sportif Sinai Veticari Yatirimlar 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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Galatasaray Sportif Sinai Veticari Yatirimlar AS Retained Earnings Chart

Galatasaray Sportif Sinai Veticari Yatirimlar AS Annual Data
Trend May13 May14 May15 May16 May17 May18 May19 May20 May21 May22
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,297.49 -1,273.30 -1,319.98 -1,754.53 -2,132.01

Galatasaray Sportif Sinai Veticari Yatirimlar AS Quarterly Data
Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Nov22
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 -1,717.56 -1,813.81 -1,928.24 -2,132.01 -2,386.33

Galatasaray Sportif Sinai Veticari Yatirimlar 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.


Galatasaray Sportif Sinai Veticari Yatirimlar AS  (IST:GSRAY) 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.


Galatasaray Sportif Sinai Veticari Yatirimlar AS (IST:GSRAY) Business Description

Traded in Other Exchanges
N/A
Address
Fulya Mah Akinci Bayiri Sok No 8 K 6, Mecidiyekoy, Istanbul, TUR, 34345
Galatasaray Sportif Sinai Veticari Yatirimlar AS is a Turkey-based company engages in the promotion of Galatasaray professional football team. Its activities include sponsorship, production of licensed goods, advertising, public relations and media.

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