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PT Estika Tata Tiara Tbk (ISX:BEEF) Retained Earnings : Rp-477,868 Mil (As of Mar. 2024)


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What is PT Estika Tata Tiara Tbk Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. PT Estika Tata Tiara Tbk's retained earnings for the quarter that ended in Mar. 2024 was Rp-477,868 Mil.

PT Estika Tata Tiara Tbk's quarterly retained earnings increased from Sep. 2023 (Rp-495,536 Mil) to Dec. 2023 (Rp-492,178 Mil) and increased from Dec. 2023 (Rp-492,178 Mil) to Mar. 2024 (Rp-477,868 Mil).

PT Estika Tata Tiara Tbk's annual retained earnings declined from Dec. 2021 (Rp-457,826 Mil) to Dec. 2022 (Rp-548,934 Mil) but then increased from Dec. 2022 (Rp-548,934 Mil) to Dec. 2023 (Rp-492,178 Mil).


PT Estika Tata Tiara Tbk Retained Earnings Historical Data

The historical data trend for PT Estika Tata Tiara Tbk'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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PT Estika Tata Tiara Tbk Retained Earnings Chart

PT Estika Tata Tiara Tbk Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only 75,180.36 -276,224.59 -457,826.41 -548,933.94 -492,177.77

PT Estika Tata Tiara Tbk Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -555,801.07 -497,235.49 -495,535.63 -492,177.77 -477,868.30

PT Estika Tata Tiara Tbk 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.


PT Estika Tata Tiara Tbk  (ISX:BEEF) 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.


PT Estika Tata Tiara Tbk (ISX:BEEF) Business Description

Traded in Other Exchanges
N/A
Address
Jl. Jend. Sudirman Kav 52-53, Suite A, Sudirman Central Business District Lot 9, Equity Tower Lantai 22, Jakarta, IDN, 12190
PT Estika Tata Tiara Tbk is a beef producer. The company's operating segments include Distribution and sales; Food Processing and logistics. Distribution and sales sectors consist of the sale of live cattle, meat, and derived products from other cattle by the company and also the distribution and sales of processed food products either under conditions of cold fresh (chilled), or frozen by the company and PT DGI; Food processing sector from cow processed products by PT DGI; and Logistic sector by PT BMT. It derives revenue from the Distribution and Sales segment.

PT Estika Tata Tiara Tbk (ISX:BEEF) Headlines

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