AirAsia X Bhd (XKLS:5238) Retained Earnings : RM151 Mil (As of Mar. 2024)

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What is AirAsia X Bhd Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. AirAsia X Bhd's retained earnings for the quarter that ended in Mar. 2024 was RM151 Mil.

AirAsia X Bhd's quarterly retained earnings increased from Sep. 2023 (RM52 Mil) to Dec. 2023 (RM71 Mil) and increased from Dec. 2023 (RM71 Mil) to Mar. 2024 (RM151 Mil).

AirAsia X Bhd's annual retained earnings declined from Dec. 2018 (RM-923 Mil) to Dec. 2019 (RM-1,489 Mil) but then increased from Dec. 2019 (RM-1,489 Mil) to Dec. 2023 (RM71 Mil).

AirAsia X Bhd Retained Earnings Historical Data

The historical data trend for AirAsia X Bhd'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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AirAsia X Bhd Retained Earnings Chart

AirAsia X Bhd Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec23

Retained Earnings

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-708.73

-607.04

-923.46

-1,488.94

70.73

AirAsia X Bhd Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Retained Earnings	Get a 7-Day Free Trial															41.25	46.79	52.35	70.73	150.85

AirAsia X Bhd 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.

AirAsia X Bhd (XKLS:5238) 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.

AirAsia X Bhd (XKLS:5238) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » AirAsia X Bhd (XKLS:5238) » Definitions » Retained Earnings

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Address

RedQ, Jalan Pekeliling 5, Lapangan Terbang Antarabangsa, KLIA, Kuala Lumpur, SGR, MYS, 64000

Website

http://www.airasiax.com

AirAsia X Bhd is a Malaysia-based long-haul airline company, engaged in providing long-haul air transportation services. It operates primarily in the Asia-Pacific region. The organization's reportable segments are classified as each company with an Air Operator Certificate held under the AirAsia brand, namely Malaysia, Thailand, and Indonesia. Thailand is the maximum revenue-generating segment for the company. It derives revenue through freight services, aircraft operating lease income, management fees, and through other ancillary activities. It also offers management logistical and marketing services and engine and aircraft leasing services.

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