GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Inrom Construction Industries Ltd (XTAE:INRM) » Definitions » Retained Earnings

Inrom Construction Industries (XTAE:INRM) Retained Earnings : ₪482 Mil (As of Dec. 2023)


View and export this data going back to 2014. Start your Free Trial

What is Inrom Construction Industries Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Inrom Construction Industries's retained earnings for the quarter that ended in Dec. 2023 was ₪482 Mil.

Inrom Construction Industries's quarterly retained earnings increased from Jun. 2023 (₪359 Mil) to Sep. 2023 (₪388 Mil) and increased from Sep. 2023 (₪388 Mil) to Dec. 2023 (₪482 Mil).

Inrom Construction Industries's annual retained earnings increased from Dec. 2021 (₪231 Mil) to Dec. 2022 (₪324 Mil) and increased from Dec. 2022 (₪324 Mil) to Dec. 2023 (₪482 Mil).


Inrom Construction Industries Retained Earnings Historical Data

The historical data trend for Inrom Construction Industries'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.

Inrom Construction Industries Retained Earnings Chart

Inrom Construction Industries 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 61.16 157.32 231.19 323.50 481.97

Inrom Construction Industries 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 323.50 340.04 358.91 387.77 481.97

Inrom Construction Industries 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.


Inrom Construction Industries  (XTAE:INRM) 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.


Inrom Construction Industries (XTAE:INRM) Business Description

Traded in Other Exchanges
N/A
Address
Golan Street, Beit Golan, Airport City, ISR
Inrom Construction Industries Ltd is an Israel-based company engaged in the construction sector. The company offers varieties of products and solutions for the construction and renovation industries, for industrial and other uses. It operates through three businesses. The construction solutions business operates, manufactures and markets flooring solutions, environment and landscape and others. Its construction finishing product business offers mortar products for flooring, plaster and special salts and other complementary products including sealants, coatings, and bonding materials. The color products business provides paint products for interior and exterior, decorative colors for special designs, various coatings and more.

Inrom Construction Industries (XTAE:INRM) Headlines

No Headlines