GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Auto Hall SA (CAS:ATH) » Definitions » Retained Earnings

Auto Hall (CAS:ATH) Retained Earnings : MAD19 Mil (As of Jun. 2024)


View and export this data going back to 1941. Start your Free Trial

What is Auto Hall Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Auto Hall's retained earnings for the quarter that ended in Jun. 2024 was MAD19 Mil.

Auto Hall's quarterly retained earnings increased from Jun. 2023 (MAD-12 Mil) to Dec. 2023 (MAD28 Mil) but then declined from Dec. 2023 (MAD28 Mil) to Jun. 2024 (MAD19 Mil).

Auto Hall's annual retained earnings declined from Dec. 2021 (MAD264 Mil) to Dec. 2022 (MAD100 Mil) and declined from Dec. 2022 (MAD100 Mil) to Dec. 2023 (MAD28 Mil).


Auto Hall Retained Earnings Historical Data

The historical data trend for Auto Hall'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.

Auto Hall Retained Earnings Chart

Auto Hall 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 158.64 144.27 264.07 100.06 27.88

Auto Hall Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 86.73 100.06 -12.11 27.88 19.30

Auto Hall 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.


Auto Hall  (CAS:ATH) 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.


Auto Hall Business Description

Traded in Other Exchanges
N/A
Address
64 Avenue Lalla Yacout, Casablanca, MAR, 20000
Auto Hall SA is engaged in the distribution of light vehicles and agricultural equipment. Its brands include Ford, Nissan, Fuso, Opel, Mitsubishi, Ford Trucks, Dongfeng, GAS, New Holland, hut, Belaz, Sany, Valvoline, and Haojue.