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PT Indo Tambangraya Megah Tbk (PT Indo Tambangraya Megah Tbk) Retained Earnings : $1,328 Mil (As of Dec. 2023)


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What is PT Indo Tambangraya Megah Tbk Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. PT Indo Tambangraya Megah Tbk's retained earnings for the quarter that ended in Dec. 2023 was $1,328 Mil.

PT Indo Tambangraya Megah Tbk's quarterly retained earnings declined from Jun. 2023 ($1,333 Mil) to Sep. 2023 ($1,232 Mil) but then increased from Sep. 2023 ($1,232 Mil) to Dec. 2023 ($1,328 Mil).

PT Indo Tambangraya Megah Tbk's annual retained earnings increased from Dec. 2021 ($841 Mil) to Dec. 2022 ($1,502 Mil) but then declined from Dec. 2022 ($1,502 Mil) to Dec. 2023 ($1,328 Mil).


PT Indo Tambangraya Megah Tbk Retained Earnings Historical Data

The historical data trend for PT Indo Tambangraya Megah 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 Indo Tambangraya Megah Tbk Retained Earnings Chart

PT Indo Tambangraya Megah Tbk 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 500.25 472.18 841.28 1,501.86 1,327.91

PT Indo Tambangraya Megah Tbk 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 1,501.86 1,209.24 1,332.52 1,232.36 1,327.91

PT Indo Tambangraya Megah 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 Indo Tambangraya Megah Tbk  (OTCPK:ITAYY) 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 Indo Tambangraya Megah Tbk (PT Indo Tambangraya Megah Tbk) Business Description

Traded in Other Exchanges
Address
Jalan Sultan Iskandar Muda, Pondok Indah Office Tower III, 3rd Floor, Kav V-TA, Jakarta, IDN, 12310
PT Indo Tambangraya Megah Tbk is an Indonesia-based coal mining company. It operates in three segments: Upstream business, which includes coal mining, blending, and sales; Energy supply chain management segment includes fuel distribution, sales, and logistics, as well as empowerment of internal mining contractors; and Downstream segment includes the development of power plants and renewable energy ventures. The company's geographical segments include Taiwan, China, Hong Kong, and Korea; Domestic; South East Asia (excluding Indonesia), India, and Pakistan; Japan; Europe; and Australia & Oceania.

PT Indo Tambangraya Megah Tbk (PT Indo Tambangraya Megah Tbk) Headlines