Enterprise Group (XGHA:EGL) Retained Earnings : GHS698 Mil (As of Dec. 2024)

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What is Enterprise Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Enterprise Group's retained earnings for the quarter that ended in Dec. 2024 was GHS698 Mil.

Enterprise Group's quarterly retained earnings increased from Dec. 2022 (GHS572 Mil) to Dec. 2023 (GHS641 Mil) and increased from Dec. 2023 (GHS641 Mil) to Dec. 2024 (GHS698 Mil).

Enterprise Group's annual retained earnings increased from Dec. 2022 (GHS572 Mil) to Dec. 2023 (GHS641 Mil) and increased from Dec. 2023 (GHS641 Mil) to Dec. 2024 (GHS698 Mil).

Enterprise Group Retained Earnings Historical Data

The historical data trend for Enterprise Group'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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Enterprise Group Retained Earnings Chart

Enterprise Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Retained Earnings

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265.38

528.00

571.67

640.81

697.99

Enterprise Group Semi-Annual Data
	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23	Dec24
Retained Earnings	Get a 7-Day Free Trial											265.38	528.00	571.67	640.81	697.99

Enterprise Group 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.

Enterprise Group (XGHA:EGL) 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.

Enterprise Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Enterprise Group Ltd (XGHA:EGL) » Definitions » Retained Earnings

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Address

Mayor Road, Ridge West, Accra, Advantage Place, Accra, GHA, PMB 150

Website

https://www.myenterprisegroup.io

Enterprise Group Ltd is engaged in the business of investments, life, non-life and health insurance underwriting, pensions funds management, provision of funeral services and real estate development and management. It also underwrites insurance risks, associated with death, disability, health, property, and liability. The company is organized into seven operating segments. These segments are Non-life insurance business; Life assurance business; Health insurance business, Pension administration; Real estate; Funeral services; and Investments. The company derives its revenues from Non Life insurance business.