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Dubai Insurance Co PSC (DFM:DIN) Retained Earnings : د.إ315.5 Mil (As of Dec. 2023)


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What is Dubai Insurance Co PSC Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Dubai Insurance Co PSC's retained earnings for the quarter that ended in Dec. 2023 was د.إ315.5 Mil.

Dubai Insurance Co PSC's quarterly retained earnings increased from Jun. 2023 (د.إ255.9 Mil) to Sep. 2023 (د.إ318.5 Mil) but then declined from Sep. 2023 (د.إ318.5 Mil) to Dec. 2023 (د.إ315.5 Mil).

Dubai Insurance Co PSC's annual retained earnings increased from Dec. 2021 (د.إ165.2 Mil) to Dec. 2022 (د.إ205.3 Mil) and increased from Dec. 2022 (د.إ205.3 Mil) to Dec. 2023 (د.إ315.5 Mil).


Dubai Insurance Co PSC Retained Earnings Historical Data

The historical data trend for Dubai Insurance Co PSC'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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Dubai Insurance Co PSC Retained Earnings Chart

Dubai Insurance Co PSC 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 181.67 162.79 165.16 205.25 315.54

Dubai Insurance Co PSC 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 205.25 205.17 255.86 318.55 315.54

Dubai Insurance Co PSC 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.


Dubai Insurance Co PSC  (DFM:DIN) 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.


Dubai Insurance Co PSC (DFM:DIN) Business Description

Traded in Other Exchanges
N/A
Address
Al Riqqa Road, Deira, P.O. Box 3027, Dubai, ARE
Dubai Insurance Co PSC is an insurance company. It issues short-term insurance contracts in connection with general insurance including motor, marine, fire, engineering, accident; and life insurance includes group life and individual life. It operates in three segments, Medical and life insurance segment offers short-term group life insurance and medical. The Non-life insurance segment comprises general and health insurance. Products offered under general insurance include motor, marine, fire, engineering, general accident, and medical. Non-life health contracts provide medical cover. The investment segment includes investment in equity, fixed income securities such as bonds and fixed deposits.