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Abdullah Al Othaim Markets Co (SAU:4001) Retained Earnings : ﷼308 Mil (As of Mar. 2024)


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What is Abdullah Al Othaim Markets Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Abdullah Al Othaim Markets Co's retained earnings for the quarter that ended in Mar. 2024 was ﷼308 Mil.

Abdullah Al Othaim Markets Co's quarterly retained earnings increased from Sep. 2023 (﷼315 Mil) to Dec. 2023 (﷼466 Mil) but then declined from Dec. 2023 (﷼466 Mil) to Mar. 2024 (﷼308 Mil).

Abdullah Al Othaim Markets Co's annual retained earnings declined from Dec. 2021 (﷼338 Mil) to Dec. 2022 (﷼267 Mil) but then increased from Dec. 2022 (﷼267 Mil) to Dec. 2023 (﷼466 Mil).


Abdullah Al Othaim Markets Co Retained Earnings Historical Data

The historical data trend for Abdullah Al Othaim Markets Co'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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Abdullah Al Othaim Markets Co Retained Earnings Chart

Abdullah Al Othaim Markets Co 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 529.54 523.03 337.88 267.31 466.23

Abdullah Al Othaim Markets Co 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 131.58 521.60 314.91 466.23 308.19

Abdullah Al Othaim Markets Co 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.


Abdullah Al Othaim Markets Co  (SAU:4001) 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.


Abdullah Al Othaim Markets Co (SAU:4001) Business Description

Traded in Other Exchanges
N/A
Address
Arabia Rabwah Eastern Ring Road, P.O. Box 41700, Riyadh, SAU, 11531
Abdullah Al Othaim Markets Co is engaged in the wholesale and retail trade of food, fish, meat, agricultural products, livestock and household items. It is also involved in establishing, managing, operating and maintaining supermarkets, commercial complexes, and bakeries, providing cooked and uncooked catering services, and managing training and educational centers, in addition to acquiring lands to construct buildings for lease or sale for the interest of the company. It operates in the segments of Retail and whole trading of food supplies, in addition to Leasing commercial centers for the purpose of investment for the interest of the company through sale or leasing. It operates in the Kingdom of Saudi Arabia and Egypt and derives key revenue from Retail and wholesale activities.

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