Altron (JSE:ATN) Retained Earnings : R5,686 Mil (As of Aug. 2023)

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What is Altron Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Altron's retained earnings for the quarter that ended in Aug. 2023 was R5,686 Mil.

Altron's quarterly retained earnings declined from Aug. 2022 (R6,239 Mil) to Feb. 2023 (R6,084 Mil) and declined from Feb. 2023 (R6,084 Mil) to Aug. 2023 (R5,686 Mil).

Altron's annual retained earnings declined from Feb. 2021 (R6,776 Mil) to Feb. 2022 (R6,235 Mil) and declined from Feb. 2022 (R6,235 Mil) to Feb. 2023 (R6,084 Mil).

Altron Retained Earnings Historical Data

The historical data trend for Altron'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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Altron Retained Earnings Chart

Altron Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Retained Earnings

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3,148.00

3,552.00

6,776.00

6,235.00

6,084.00

Altron Semi-Annual Data
	Feb14	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
Retained Earnings	Get a 7-Day Free Trial															6,329.00	6,235.00	6,239.00	6,084.00	5,686.00

Altron 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.

Altron (JSE:ATN) 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.

Altron (JSE:ATN) Business Description

Industry

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AEL:South Africa

Address

20 Woodlands Drive, Altron Campus, Woodlands Office Park, Woodmead, GT, ZAF, 2191

Website

https://www.altron.com

Altron Ltd provides integrated ICT solutions to businesses, governments, and consumers. Its segments are Digital Transformation, Managed Services, and Own Platforms. It has a direct presence in South Africa, the rest of Africa, Europe, the Middle East, and Australia. Most of the group's revenue is derived from the local market in South Africa.

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