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PT United Tractors Tbk (PT United Tractors Tbk) Retained Earnings : $4,620 Mil (As of Mar. 2024)


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What is PT United Tractors Tbk Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. PT United Tractors Tbk's retained earnings for the quarter that ended in Mar. 2024 was $4,620 Mil.

PT United Tractors Tbk's quarterly retained earnings increased from Sep. 2023 ($3,960 Mil) to Dec. 2023 ($4,326 Mil) and increased from Dec. 2023 ($4,326 Mil) to Mar. 2024 ($4,620 Mil).

PT United Tractors Tbk's annual retained earnings increased from Dec. 2021 ($3,959 Mil) to Dec. 2022 ($4,522 Mil) but then declined from Dec. 2022 ($4,522 Mil) to Dec. 2023 ($4,326 Mil).


PT United Tractors Tbk Retained Earnings Historical Data

The historical data trend for PT United Tractors 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 United Tractors Tbk Retained Earnings Chart

PT United Tractors 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 3,371.94 3,495.63 3,958.69 4,522.09 4,325.69

PT United Tractors 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 5,076.38 3,985.83 3,959.66 4,325.69 4,620.23

PT United Tractors 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 United Tractors Tbk  (OTCPK:PUTKY) 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 United Tractors Tbk (PT United Tractors Tbk) Business Description

Traded in Other Exchanges
Address
Jalan Raya Bekasi Km. 22, Cakung, Jakarta Timur, Jakarta, IDN, 13910
PT United Tractors Tbk is one of the largest distributors of heavy equipment in Indonesia. It manufactures construction machinery and provides mining services to help customers tap natural resources. The machinery is distributed under various brands and works in the mining, construction, forestry, material handling, and transportation sectors. The company operates contact centers to deliver spare parts, mechanics support, and repair machines for customers. United Tractors operates five business segments: construction machinery, mining contracting (a majority of total revenues), coal mining, gold mining, and construction industry. Mining services pertain to mine design, exploration, extracting, and hauling commodities. The majority of total sales are generated in Indonesia.

PT United Tractors Tbk (PT United Tractors Tbk) Headlines

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