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Palm Hills DevelopmentsE (CAI:PHDC) Retained Earnings : E£6,527 Mil (As of Sep. 2024)


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What is Palm Hills DevelopmentsE Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Palm Hills DevelopmentsE's retained earnings for the quarter that ended in Sep. 2024 was E£6,527 Mil.

Palm Hills DevelopmentsE's quarterly retained earnings increased from Mar. 2024 (E£5,199 Mil) to Jun. 2024 (E£5,859 Mil) and increased from Jun. 2024 (E£5,859 Mil) to Sep. 2024 (E£6,527 Mil).

Palm Hills DevelopmentsE's annual retained earnings increased from Dec. 2021 (E£2,059 Mil) to Dec. 2022 (E£2,943 Mil) and increased from Dec. 2022 (E£2,943 Mil) to Dec. 2023 (E£4,389 Mil).


Palm Hills DevelopmentsE Retained Earnings Historical Data

The historical data trend for Palm Hills DevelopmentsE'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.

Palm Hills DevelopmentsE Retained Earnings Chart

Palm Hills DevelopmentsE 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 1,842.60 1,748.15 2,059.42 2,942.76 4,389.22

Palm Hills DevelopmentsE Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - 4,389.22 5,199.32 5,858.78 6,527.07

Palm Hills DevelopmentsE 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.


Palm Hills DevelopmentsE  (CAI:PHDC) 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.


Palm Hills DevelopmentsE Business Description

Traded in Other Exchanges
N/A
Address
Cairo- Alexandria Desert Road Abou Rawash, Km 28 Smart Village, A4, B83 Raya Building, Cairo, EGY
Palm Hills Developments SAE real estate company develops integrated residential, commercial real estate, and resort projects. The company focuses on development in Egypt's new cities and new urban communities. Its activities include building, constructing, owning, and managing residential properties and tourist villages. Palm Hills also provides associated services and facilities, leases and constructs integrated projects, and manages related entertainment activities. The company's property portfolio contains projects spanning different development stages, such as Palm Hills October, which is a residential community, and the Palm Club, which is a sports and recreational facility located in Palm Hills October.

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