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PT MNC Vision Networks Tbk (ISX:IPTV) Retained Earnings : Rp161,286 Mil (As of Dec. 2023)


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What is PT MNC Vision Networks Tbk Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. PT MNC Vision Networks Tbk's retained earnings for the quarter that ended in Dec. 2023 was Rp161,286 Mil.

PT MNC Vision Networks Tbk's quarterly retained earnings declined from Jun. 2023 (Rp255,529 Mil) to Sep. 2023 (Rp81,748 Mil) but then increased from Sep. 2023 (Rp81,748 Mil) to Dec. 2023 (Rp161,286 Mil).

PT MNC Vision Networks Tbk's annual retained earnings declined from Dec. 2021 (Rp361,122 Mil) to Dec. 2022 (Rp236,903 Mil) and declined from Dec. 2022 (Rp236,903 Mil) to Dec. 2023 (Rp161,286 Mil).


PT MNC Vision Networks Tbk Retained Earnings Historical Data

The historical data trend for PT MNC Vision Networks 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.

* Premium members only.

PT MNC Vision Networks Tbk Retained Earnings Chart

PT MNC Vision Networks Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial -55,932.00 163,462.00 361,122.00 236,903.00 161,286.00

PT MNC Vision Networks Tbk 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 236,903.00 280,842.00 255,529.00 81,748.00 161,286.00

PT MNC Vision Networks 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 MNC Vision Networks Tbk  (ISX:IPTV) 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 MNC Vision Networks Tbk (ISX:IPTV) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Kebon Sirih Kav. No. 17-19, MNC Tower, 27th Floor, MNC Center, Jakarta, IDN, 10340
PT MNC Vision Networks Tbk core business consists of DTH post-paid and prepaid Pay TV, Fixed Broadband and Fiber optic Pay TV service, Android OTT Box, OTT Platform, and Local Cable Operator, supported by Vision Pictures, it's in-house content production that serves exclusively for the group. Its segments include Satellite services, Digital IPTV and broadband services, and others. It generates the majority of its revenue from Satellite services.

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