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Telecom EgyptE (CAI:ETEL) Retained Earnings : E£27,224 Mil (As of Dec. 2023)


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What is Telecom EgyptE Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Telecom EgyptE's retained earnings for the quarter that ended in Dec. 2023 was E£27,224 Mil.

Telecom EgyptE's quarterly retained earnings increased from Jun. 2023 (E£22,321 Mil) to Sep. 2023 (E£25,060 Mil) and increased from Sep. 2023 (E£25,060 Mil) to Dec. 2023 (E£27,224 Mil).

Telecom EgyptE's annual retained earnings increased from Dec. 2021 (E£22,147 Mil) to Dec. 2022 (E£23,289 Mil) and increased from Dec. 2022 (E£23,289 Mil) to Dec. 2023 (E£27,224 Mil).


Telecom EgyptE Retained Earnings Historical Data

The historical data trend for Telecom EgyptE'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.

Telecom EgyptE Retained Earnings Chart

Telecom EgyptE 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 13,382.62 16,670.70 22,147.27 23,289.32 27,224.19

Telecom EgyptE 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 23,289.32 19,743.02 22,321.19 25,060.37 27,224.19

Telecom EgyptE 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.


Telecom EgyptE  (CAI:ETEL) 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.


Telecom EgyptE (CAI:ETEL) Business Description

Traded in Other Exchanges
N/A
Address
B7 Building, Smart Village, K28 Cairo-Alexandria Desert Road, Cairo, EGY, 12577
Telecom Egypt SAE is the country's sole provider of fixed-line voice telecommunication services, where it generates the vast majority of its revenue. The company provides voice services, Internet, and data services in three segments: Communications marine cables and infrastructure services, Internet services, Outsourcing services. Additionally, because of Telecom Egypt's ownership of telecommunication infrastructure, there is wholesale revenue. This constitutes the majority of overall company revenue.

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