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National International Holding Co KSCC (KUW:NIH) Retained Earnings : KWD1.96 Mil (As of Mar. 2024)


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What is National International Holding Co KSCC Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. National International Holding Co KSCC's retained earnings for the quarter that ended in Mar. 2024 was KWD1.96 Mil.

National International Holding Co KSCC's quarterly retained earnings increased from Sep. 2023 (KWD1.68 Mil) to Dec. 2023 (KWD1.85 Mil) and increased from Dec. 2023 (KWD1.85 Mil) to Mar. 2024 (KWD1.96 Mil).

National International Holding Co KSCC's annual retained earnings declined from Dec. 2021 (KWD2.00 Mil) to Dec. 2022 (KWD1.39 Mil) but then increased from Dec. 2022 (KWD1.39 Mil) to Dec. 2023 (KWD1.85 Mil).


National International Holding Co KSCC Retained Earnings Historical Data

The historical data trend for National International Holding Co KSCC'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.

National International Holding Co KSCC Retained Earnings Chart

National International Holding Co KSCC 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 5.21 0.40 2.00 1.39 1.85

National International Holding Co KSCC 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 1.90 1.25 1.68 1.85 1.96

National International Holding Co KSCC 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.


National International Holding Co KSCC  (KUW:NIH) 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.


National International Holding Co KSCC (KUW:NIH) Business Description

Traded in Other Exchanges
Address
Abdulaziz Al-Saqer Street, Floor 45, Al-Raya Tower 2, PO Box 25825, Safat, Kuwait City, KWT
National International Holding Co KSCC is an investment company that invests in private equity and financial instruments, regionally and globally. The company is engaged in various types of investment activities through a well-diversified investment portfolio spread over several investment sectors basically financial services, real estate, industrial, contracting, information technology, and leisure and tourism. The group has three reportable segments Financial investing activities; Real Estate investing activities and Industrial activities.

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