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PT Vale Indonesia Tbk (PT Vale Indonesia Tbk) Retained Earnings : $2,123 Mil (As of Dec. 2023)


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What is PT Vale Indonesia Tbk Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. PT Vale Indonesia Tbk's retained earnings for the quarter that ended in Dec. 2023 was $2,123 Mil.

PT Vale Indonesia Tbk's quarterly retained earnings increased from Jun. 2023 ($2,022 Mil) to Sep. 2023 ($2,074 Mil) and increased from Sep. 2023 ($2,074 Mil) to Dec. 2023 ($2,123 Mil).

PT Vale Indonesia Tbk's annual retained earnings increased from Dec. 2021 ($1,713 Mil) to Dec. 2022 ($1,913 Mil) and increased from Dec. 2022 ($1,913 Mil) to Dec. 2023 ($2,123 Mil).


PT Vale Indonesia Tbk Retained Earnings Historical Data

The historical data trend for PT Vale Indonesia 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.

* Premium members only.

PT Vale Indonesia Tbk Retained Earnings Chart

PT Vale Indonesia 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 1,500.24 1,578.92 1,713.00 1,913.31 2,123.08

PT Vale Indonesia 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 1,913.31 2,011.39 2,021.63 2,074.20 2,123.08

PT Vale Indonesia 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 Vale Indonesia Tbk  (OTCPK:PTNDY) 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 Vale Indonesia Tbk (PT Vale Indonesia Tbk) Business Description

Traded in Other Exchanges
Address
Jalan Jenderal Sudirman Kav. 71, Sequis Tower, Lantai 20, Unit 6 and 7, Jakarta, IDN, 12190
PT Vale Indonesia Tbk is primarily engaged in nickel mining and processing in Indonesia. The company produces nickel in matte from lateritic ores at its integrated mining and processing facilities near Sorowako, Indonesia. The finished nickel product represents what is known in the industry as "primary nickel," meaning nickel produced principally from nickel ores, as opposed to "secondary" nickel, which is recovered from recycled metal which contains nickel. The majority of global nickel is used for stainless steel production.

PT Vale Indonesia Tbk (PT Vale Indonesia Tbk) Headlines

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