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Krungthai Car Rent And Lease PCL (BKK:KCAR) Retained Earnings : ฿1,988 Mil (As of Dec. 2024)


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What is Krungthai Car Rent And Lease PCL Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Krungthai Car Rent And Lease PCL's retained earnings for the quarter that ended in Dec. 2024 was ฿1,988 Mil.

Krungthai Car Rent And Lease PCL's quarterly retained earnings increased from Jun. 2024 (฿1,952 Mil) to Sep. 2024 (฿1,961 Mil) and increased from Sep. 2024 (฿1,961 Mil) to Dec. 2024 (฿1,988 Mil).

Krungthai Car Rent And Lease PCL's annual retained earnings increased from Dec. 2022 (฿1,886 Mil) to Dec. 2023 (฿1,939 Mil) and increased from Dec. 2023 (฿1,939 Mil) to Dec. 2024 (฿1,988 Mil).


Krungthai Car Rent And Lease PCL Retained Earnings Historical Data

The historical data trend for Krungthai Car Rent And Lease PCL'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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Krungthai Car Rent And Lease PCL Retained Earnings Chart

Krungthai Car Rent And Lease PCL Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,685.81 1,814.43 1,886.38 1,939.07 1,987.65

Krungthai Car Rent And Lease PCL Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 1,939.07 1,954.29 1,952.09 1,960.84 1,987.65

Krungthai Car Rent And Lease PCL 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.


Krungthai Car Rent And Lease PCL  (BKK:KCAR) 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.


Krungthai Car Rent And Lease PCL Business Description

Traded in Other Exchanges
Address
No. 455/1 Rama 3 Road, Kwang Bangklo, Khet Bangkorlaem, Bangkok, THA, 10120
Krungthai Car Rent And Lease PCL are engaged in the rental business. It is engaged in operating lease in car rental business and selling of used cars. In addition, the company offers car maintenance services, such as fitting and repairing services. It operates in the following segments; Car rent of operating segment and the Used car distribution segment. The firm generates maximum revenue from its Car rent of operating segment. It caters its services to corporate clients, including government agencies and private companies, as well as individual clients. Its vehicle models for rentals include economy, compact, intermediate and sports utility vehicles.

Krungthai Car Rent And Lease PCL Headlines

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