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Saudi Electricity Co (SAU:5110) Retained Earnings : ﷼37,953 Mil (As of Dec. 2023)


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What is Saudi Electricity Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Saudi Electricity Co's retained earnings for the quarter that ended in Dec. 2023 was ﷼37,953 Mil.

Saudi Electricity Co's quarterly retained earnings increased from Jun. 2023 (﷼36,062 Mil) to Sep. 2023 (﷼39,975 Mil) but then declined from Sep. 2023 (﷼39,975 Mil) to Dec. 2023 (﷼37,953 Mil).

Saudi Electricity Co's annual retained earnings increased from Dec. 2021 (﷼35,521 Mil) to Dec. 2022 (﷼38,281 Mil) but then declined from Dec. 2022 (﷼38,281 Mil) to Dec. 2023 (﷼37,953 Mil).


Saudi Electricity Co Retained Earnings Historical Data

The historical data trend for Saudi Electricity Co'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.

Saudi Electricity Co Retained Earnings Chart

Saudi Electricity Co 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 27,383.34 33,147.47 35,521.26 38,281.36 37,952.66

Saudi Electricity Co 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 38,281.36 36,871.99 36,062.20 39,974.96 37,952.66

Saudi Electricity Co 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.


Saudi Electricity Co  (SAU:5110) 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.


Saudi Electricity Co (SAU:5110) Business Description

Traded in Other Exchanges
N/A
Address
Crossing of Al-Olaya Street, Rihana Bint Zaid Street, P. O. Box 22955, Al-Arid district, Riyadh, SAU, 11416
Saudi Electricity Co is principally engaged in the generation, transmission, and distribution of electrical power and customer service activities. The company provides its services to governmental, industrial, agricultural, commercial, and residential sectors. Saudi Electricity operates through three segments namely Generation segment which is involved in the generation and provision of electric power; Transmission segment which is engaged in the transmission of electrical power from generation stations using transmission network, to the distribution network and operation and maintenance of electricity transmission system; and Distribution and Subscriber services segment which includes receipt of electric power from the transmission network and distribution to the company's customers.

Saudi Electricity Co (SAU:5110) Headlines

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