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PT Indofood Sukses Makmur Tbk (STU:ISM) Retained Earnings : €2,944 Mil (As of Mar. 2024)


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What is PT Indofood Sukses Makmur Tbk Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. PT Indofood Sukses Makmur Tbk's retained earnings for the quarter that ended in Mar. 2024 was €2,944 Mil.

PT Indofood Sukses Makmur Tbk's quarterly retained earnings increased from Sep. 2023 (€2,775 Mil) to Dec. 2023 (€2,797 Mil) and increased from Dec. 2023 (€2,797 Mil) to Mar. 2024 (€2,944 Mil).

PT Indofood Sukses Makmur Tbk's annual retained earnings increased from Dec. 2021 (€2,295 Mil) to Dec. 2022 (€2,470 Mil) and increased from Dec. 2022 (€2,470 Mil) to Dec. 2023 (€2,797 Mil).


PT Indofood Sukses Makmur Tbk Retained Earnings Historical Data

The historical data trend for PT Indofood Sukses Makmur 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.

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PT Indofood Sukses Makmur Tbk Retained Earnings Chart

PT Indofood Sukses Makmur 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 1,726.39 1,806.35 2,294.92 2,470.46 2,797.46

PT Indofood Sukses Makmur 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 2,793.31 2,732.16 2,775.22 2,797.46 2,943.57

PT Indofood Sukses Makmur 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 Indofood Sukses Makmur Tbk  (STU:ISM) 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 Indofood Sukses Makmur Tbk (STU:ISM) Business Description

Traded in Other Exchanges
Address
Jalan Jend. Sudirman Kav 76-78, Sudirman Plaza, Indofood Tower, 27th Floor, Jakarta, IDN, 12910
PT Indofood Sukses Makmur Tbk is an Indonesian packaged food company. Its portfolio is diversified with operations in both raw materials and processed food. The company divides its operations into: Consumer branded products business Group, Bogasari Business Group, Agribusiness Group and Distribution Business Group. The consumer branded products segment produces a varied range of consumer-branded products such as noodles, dairy, snack foods, special foods, food seasonings, and beverages. Bogasari produces, packages, and ships wheat flour and pasta. The agribusiness operations are research, development, production, and marketing of branded cooking oils, margarine and shortening, processes rubber, sugar cane, and other crops. The Distribution segment distributes consumer products.